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News June 28, 2004

Coeur gets its permits

The trading period ended June 22 was another week in which the market failed to find a direction: the Dow Jones Industrial average eased up just 14.55 points to 10,395.07 while the S&P 500 index slipped 7.77 points to 1,134.41. Fear of inflation g…

News June 28, 2004

Canadian Stock Exchange Indices (June 28, 2004)

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News June 28, 2004

Giant mine on last legs

After incurring significant losses in the first quarter at the flagging Giant gold mine in Yellowknife, N.W.T., and witnessing similar results in April and May, Miramar Mining has decided to close the aging operation.

News June 28, 2004

Anooraq-Pelawan combo OKed

Vancouver — The South African Exchange Bank has given conditional approval to the proposed combination of Anooraq Resources (ARQ-V) and Pelawan Investments.

News June 28, 2004

Uranium miners heat up

The Toronto Stock Exchange’s gold index jumped 5.21 points, or 2.7%, to 201.46 during the June 16-22 report period. Not surprisingly, the price of gold rose US$10.50 to an afternoon fix of US$395.75 per oz. in New York on June 22. The rest of the…

News June 28, 2004

Gold rebound nudges juniors higher

The TSX Venture Exchange retook some ground over the trading period June 16-22, closing at 1,568.96, up almost 46 points. The junior market was propelled by a rebound in the gold price, closing at US$395 per oz., up about US$6. Gold seems to be en…

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