Pipeline powers Royal Gold
A sliding-scale royalty at the Pipeline gold project in Nevada jumped to a higher rate late last year, enabling Royal Gold (RGL-T) to boost fourth-quarter earnings by 85%.The Denver-based company’s ne…
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Producer and Dealer Prices (February 16, 2004)
Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$27-29/lb.Copper: Comex Mar. US$1.1860/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: M…
People (February 16, 2004)
Argosy — Peter Lloyd retired as president and CEO but remains non-executive chairman; Cecil Bond appointed interim CEO and will serve as CFO and CEO.Banro — Peter Cowley appointed director.Bullio…
Orezone extends Bondi
Reverse-circulation drilling by Orezone Resources (ORZ-T) has extended the Main zone at the Bondi project in Burkina Faso by about 1,300 metres to at least 2.1 km.Drilling at the southern end of the z…
IMA celebrates Navidad discovery
More than halfway through an 8,500-metre drilling campaign, IMA Exploration (IMR-V) is demonstrating some size potential to the Navidad silver discovery in Argentina’s Patagonia region.Drilling at Gal…
Strong rand clips AngloGold’s profits
Most export-oriented South African gold companies saw their 2003 earnings hampered by a strong rand, and AngloGold (AU-N) was no exception.Higher currencies in most other operating regions also affect…
Gold-Ore eyes targets at Yuscaran
Vancouver — Gold-Ore Resources (GOZ-T) is preparing to drill its Yuscaran gold-silver project in eastern Honduras.The company can acquire the property from Breakwater Resources (BWR-T) by spending US…
Trading Summary (February 13, 2004)
The Toronto Stock Exchange ended the week on a sour note posting a second straight loss on Friday. The golds droppe…
Barrick, Falconbridge to team in Tanzania
Odd couple Barrick Gold (ABX-T) and Falconbridge (FL-T) have agreed to jointly explore and develop the Kabanga nick…
Metallica sizes up El Morro deposit (February 13, 2004)
Armed with data from 15 diamond- and reverse-circulation holes, Noranda (NRD-T) has tabled an inferred resource est…
EuroZinc one step closer to Neves Corvo deal
Vancouver After a public session held to examine EuroZinc Mining’s (EZM-V), bid for the purchase the Neves Corvo…
Trading Summary TSX-Venture (February 12, 2004)
Vancouver Canada’s junior exchange continued its bull run as advancing stocks beat declining stocks 493 to 410. T…