Consolidation revisited
Whatever we may have been told, consolidation in the gold industry isn’t finished. Placer Dome’s A$2-billion offer to take over Aurion Gold is proof enough of that.But the scale of that bid, following…
Gold Fields Limited
MOST ACTIVE ISSUES, MAY 15-21
ExchgVol(000s)HighLowCloseChangeKinross GoldT207953.882.933.83+0.79…
Radius targets bonanza veins at Guatemalan prospect
Chiquimula, Guatemala — Zeroing in on a major regional crustal feature that offers a favourable setting for hosting large epithermal-type gold deposits, the geological team of Radius Explorations (RD…
Silver plays ignite despite low prices
The excitement in the gold market appears to spilling over into silver plays, even though the silver price remains well below US$5 per oz.Several would-be silver producers have announced multi-million…
GREATEST VALUE TRADED, MAY 15-21
ExchgVal($000s)HighLowCloseChangeAurado ExplT101820.420.230.39+0.18…
Canadian Stock Exchange Indices (May 27, 2002)
DateMay 21May 20May 17May 16May 15HighLowTSX Composite7688.31Holiday7727.037738.117706.
Golds up in weaker US market
Generally gloomy economic news and weakness in the “new-economy” stocks brought the U.S. stock markets down over the report period May 15-21. The broadly based Standard & Poor’s 500 index fell 17.4 po…
Canadian Stock Exchange Indices (May 20, 2002)
DateMay 14May 13May 10May 9May 8HighLowTSX Composite7716.917661.407596.067632.267707.82…
Newmont starts year with loss
Fresh from acquiring Franco Nevada Mining and Normandy Mining, Newmont Mining ended the May 9-14 period down $1.17 to US$28.05 as the world’s number-one gold producer posted a first-quarter net loss o…
MOST ACTIVE ISSUES, MAY 8-14
ExchgVol(000s)HighLowCloseChangeKinross GoldT243563.272.843.04-0.06…
Gold Fields joins Radius in Guatemala
Guatemala City, Guatemala — Recognizing the country’s geological potential for major discoveries, Gold Fields (GFI-N) of South Africa has taken an aggressive position in the early days of exploration…
Golds power US market
With gold prices firming up well above the US$300-per-oz. mark, investors in U.S.-traded gold stocks enjoyed another week of strong gains.Gold Fields shot up $1.70 to US$13.80 on heavy volume as the S…