Golds lower in lacklustre market
The Toronto Stock Exchange made another half-hearted effort at climbing during the report period Nov. 20-25, but the rally ran out of steam on Nov. 26, leaving the TSX composite index at 6,477.77, up …
Turquoise Hill Resources Ltd
Broad market climbs as golds tumble
Regaining ground lost in the previous period, the Toronto Stock Exchange Composite Index closed up 94.38 points higher in the Nov. 13-19 report period. The benchmark was set at 6,423.65 points.London …
Fording courts suitors to thwart Sherritt takeover
The Toronto Stock Exchange Composite Index slipped 70.37 points to end the Nov. 6-12 report period at 6,329.27.The TSE’s gold index was up 5.39 points, partly on the back of a US$5.70-gain in the pric…
Ivanhoe expands Oyu Tolgoi
Vancouver — Drilling by Ivanhoe Mines (IVN-T) has significantly expanded a zone of copper-rich mineralization at the Oyu Tolgoi gold-copper project in southern Mongolia.Six holes spaced 100-120 metre…
Olympus proves up Phuoc Son
Vancouver — Olympus Pacific Minerals (OYM-V) has intersected encouraging gold values at the Phuoc Son project in central Vietnam.The 2,300-metre reconnaissance program identified three prospects that…
Resource stocks mixed as broad markets gain
The Toronto Stock Exchange Composite index coasted through the Oct. 23-29 report period, rising a mere 3.15 points to finish the week at 6,294.81.Gold was up US$3.75 in overseas markets, landing at a …
Correction (October 28, 2002)
Our story “Friedland leading the charge in the land of Genghis Khan” (T.N.M., Sept. 23/02) incorrectly stated that QGX (QGX-V) held a 10% carried interest in the Turquoise Ridges (Ovoot) and Shuteen p…
Ivanhoe reports hot hole at Turquoise Hill (September 30, 2002)
The Turquoise Hill copper-gold project of Ivanhoe Mines (IVN-T) in Mongolia’s South Gobi region just got bigger.A hole drilled at the virgin Far North zone returned 638 metres averaging 1.61% copper a…
Ivanhoe ups ante in Pacific Minerals
Vancouver — Looking to get a foothold in China, Ivanhoe Mines (IVN-T) intends to acquire a 42.2% interest in junior explorer Pacific Minerals (PMZ-V).In June, Ivanhoe arranged a US$3-million private …
Benchmark lowered again, golds end mixed
Sellers outpaced buyers over the Sept. 18-24 report period, pushing the S&P/TSX Composite Index down 235.91 points. The benchmark finished the week at 6,068.89.The golds swam against the broader marke…
Friedland leading the charge in the land of Genghis Khan
The discovery by Ivanhoe Mines (IVN-T) of the world class copper-gold bearing porphyry system at Turquoise Hill in Mongolia’s remote South Gobi region highlights the untapped mineral exploration poten…
Dummett killed in road accident
Geologist Hugo T. Dummett, whose knowledge of diamond exploration made BHP Billiton (BHP-N) a major force in world diamond mining, has died. He was 62.Dummett was killed in a single-car accident on a …