It’s the real thing, says Ing
The bear market of the past six years has been a lonely time for gold bugs, so it has to be gratifying for John Ing, one of gold’s steadfast defenders, to see signs that the market is turning.In a May…
Echo Bay Mines Ltd
Commentary: Some new perspectives on Busang’s red flags
According to the critics of Bre-X’s gold project in Kalimantan, Indonesia, the warning signs, or “red flags,” were numerous and obvious and should have alerted those involved that the gold mineralizat…
Gold stocks shine as yellow metal rallies
The holiday-shortened report period of May 15-21 clipped 28.6 points off the S&P/TSX composite index, leaving it with a finish of 7,688.31.Gold led the precious metals in a rally not seen in some time…
Placer, Kinross join forces in Timmins camp
One of Ontario’s oldest mining districts is getting ready for a facelift.Kinross Gold (K-T) and Placer Dome (PDG-T) have signed a letter of understanding to form a joint venture that would combine the…
Silver Standard boosts Challacollo (April 08, 2002)
Vancouver — Results from a 7-hole drill program have increased the economic prospects of the the Challacollo silver-gold property in northern Chile.Silver Standard Resources (SSO-V) carried out the 7…
PDAC 2002 cautiously upbeat
Cautiously upbeat may well describe the mood of delegates attending this year’s convention of the Prospectors & Developers Association of Canada (PDAC).John Steele, the association’s president, set th…
Diamond hunt ignites Nunavut
The year 2001 presented some ups and downs for Nunavut’s mining industry, the most prominent being mine-closure announcements and a possible diamond rush.Last year, the Lupin gold mine, in the Northwe…
Newmont now the biggest on the block
Ushering in a new era in gold mining, Newmont Mining (NEM-N) has taken control of Normandy Mining (NDY-T) and merged with Franco-Nevada Mining to overtake AngloGold (AU-N) as the world’s larges…
Merger mania grips mining industry in 2001
Against a rather grim backdrop that included an American economy slipping into recession, worldwide commodity deflation and a new war on terrorism, the big story in 2001 for the North American mining …
Antamina opening highlight of 2001
Vancouver — Despite the lacklustre performance of commodity prices and a weakening of the global economy, the mining sector put several mines into production and managed to expand some current operat…
2001 deals out the pain
Some are comparing 2001 with the first half of the 1980s, the last time metal prices were so bad. Others are comparing it with the depression after the crash of 1929. And so far, nobody has compared i…
Weaker US dollar to benefit gold
Gold will remain a financial refuge in these uncertain times and the year-old bull run in gold equities has not yet reached its peak, according to an October 15th report by HSBC.The document, compiled…