News


Newmont gets thumbs up

Newmont Mining (NEM-N) has received approval to extend its offer to Normandy’s shareholders in the U.S. and Canada,…


Blackstone deals Premier

Vancouver — Having just staked the Premier diamond property, Blackstone Ventures (BLV-V) has dealt a 75% interest…




Taseko closes financing

Vancouver — A limited partnership that Taseko Mines (TKO-V) has an exclusive right to acquire has raised $1.85 mil…



Gold Funds (January 14, 2002)

Gold Funds as of January 3, 2002Dundee Precious MetalsCentral FundNet Value$13.94$5.65Price$9.30$5.50Discount33.29…



NAME CHANGES (January 14, 2002)

Antarex Metals (AXT-V) has changed its name to International Antarex Metals (IXT-V) on a 1-new-for-5-old-share basis.Britannia Minerals (BM-V) has changed its name to Nanotek…


Credit: Paul van EedenFig. 1: The top line is the U.S.-dollar exchange rate. The bottom line is the gold price in U.S. dollars. The middle line shows the average gold price in the world as measured by a basket of 51 currencies weighted by the countries' relative gross domestic product in 1995.

What’s in store for the US dollar and gold?

In a short essay titled Making sense of the gold price, Paul van Eeden of Rick Rule’s San Diego-based Global Resource Investments makes a compelling case for buying gold to protect against a weakening…


Underground plan extends life of Argyle diamond mine

Despite the distinction of being the largest producer of diamonds by volume, churning out around one-quarter of the world’s supply, the Argyle mine accounts for an estimated market share of only 6% by…


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