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Rosaire Emond, Agnico Eagle's project manager at Goldex, stands beside a bulk sample taken from the Goldex deposit. The Goldex headframe is in the background.

Agnico’s success a product of hard work

Val d’Or, Que. — The proliferation of headframes along Hwy. 117 between here and Rouyn-Noranda attests to the high degree of underground exploration and development being carried out by Agnico-Eagle Mines (AGE-T), among other c…


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…


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),…


Eugne Gauthier, Northern Star's vice-president of exploration, stands over the opening of the Malartic Goldfields shaft no. 1.

Northern Star Mining on target in Abitibi

Val d’Or, Que. — Northern Star Mining (NSM-V) is working steadily toward defining a gold resource that will revive the historic Malartic Goldfields mine property, 16 km west of here, and its goal is closer with each positive dr…


Nevada mine sites, past and present, attract bulk of exploration

Vancouver — Exploration spending in the U.S. has been in sharp decline for most of the past decade, falling 66% to below US$150 million in 2002 from 1997 levels, with a 77% drop in new claims over the same period. Weak metal prices and relentless…


Royal Gold flush with cash

Vancouver — Thanks to sliding-scale royalties tied to the price of bullion, Royal Gold (RGL-T) nearly doubled earnings in the first quarter of its fiscal year 2005, compared with the first quarter of 2004.


N. Star active at Malartic

Following a property deal with Barrick Gold (ABX-T), Northern Star Mining (NSM-V) has consolidated a large land package around the formerly producing Malartic Goldfields mine in northwestern Quebec.


Glamis pins hopes on El Sauzal

Vancouver — Glamis Gold (GLG-T) says the recent start of mining and processing at its newly built El Sauzal mine in Mexico will lead to higher overall gold production at lower costs.


TSX enjoys gold’s good fortune

Gold rose US$6-even over the Nov. 10-16 report period to close at a 16-year high of US$439.40 per oz. in London. To the surprise of no one, the TSX’s gold index jumped 7.2 points, or more than 3%, to 224.45. The diversified metals & mining index w…



Golds, base metals spur TSE indices

The Toronto Stock Exchange edged 3.81 points higher to end the Nov. 3-9 report period at 8,845.16. The gold index rose 4.4% to 221.20 points, as the yellow metal entrenched itself above the US$430-per-oz. level, closing at US$432.65 per oz. in New…



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