Goldcorp Inc

Nevsun rises over Eritrea talks

The week of Jan. 5-11 saw the price of gold fall to US$420 per oz. on Jan. 10 before climbing back up to US$421.35, where it closed in the afternoon in London (down US$6.40 over the period). The gold index was down one point to close at 198.69. Th…


Goldcorp, Glamis trade shots

Announcements from both Goldcorp (G-T) and Glamis Gold (GLG-T) make it look like the takeover battle surrounding Go…


TSX stumbles off the blocks

The Toronto Stock Exchange ended 2004 on a sour note, dropping 17.75 points to end at 9,246.65 on Dec. 31. Still, that’s 1,025.8 points, or 12.5%, better than at the end of 2003. The holiday-shortened Dec. 29-to-Jan. 4 report period saw the TSX co…


Market awaits outcome of Goldcorp-Glamis saga

The report period Dec. 22-28 was short because the TSX closed down at 1 p.m. on Dec. 24 for the holidays, and trading did not resume until Dec. 29. The price of gold closed at US$444.40 per oz. in New York on Dec. 28. At Dec. 24, the price of gold…


Glamis in hostile bid for Goldcorp

Glamis Gold (GLG-T) has launched a hostile, all-share bid for Goldcorp (G-T) that is contigent on the latter scrapping its own all-share, friendly takeover of Wheaton River Minerals (WRM-T),…


Wild ride for Thistle Mining

The report period Dec. 15-21 saw the price of gold rise US$3.85 to close at US$440.95 per oz. in the afternoon of the 21st in London. The gold index rose 2.09 points, or 0.9%, to close at 211.20. The diversified metals and mining index was up 10.7…


‘Tis the season for volume trading

The report period Dec. 8-14 saw the price of gold fall US$14.70 to close at US$437.10 per oz. in the afternoon in London. The gold index managed to hold its own and fell a mere 0.19 of a point to close at 209.11, and the diversified metals and min…



Merger mania fuels trading

The report period Dec. 1-7 saw the price of gold fall US$1.60 to close at US$451.80 per oz. in the afternoon in London. All mining-related indices lost ground. The gold index fell 13.2 points, or 5.9%, to close at 209.30, and the diversified metal…




Aerial view of the heap-leach facilities near the Pipeline pit at Placer Dome and Rio Tinto's Cortez gold-mining complex in Nevada.

Speculation runs high on Battle Mountain-Cortez trend

Elko, Nev. — The search for gold along the Battle Mountain-Cortez trend in north-central Nevada has been re-energized by the Cortez Hills discovery, a 7.5-million-oz. oxide deposit that is still being drilled off by partners Placer Dome<...


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