Palladium shoots past US$1,000-per-oz. mark
Palladium was the bright light among the precious metals during the Jan. 3-9 report period, at last cracking the US$1,000-per-oz. barrier to reach a record high of US$1,047 per oz. Prices for palladiu…
Kinross Gold Corporation
Markets nosedive into new year
Stock trading on the first business day of 2001 was decidedly rocky, as fear of a slowdown in the U.S. economy spread north of the border and took its toll on markets here.The bellwether Toronto Stock…
Low commodity prices, high costs cast pall over 2000
Vancouver — The brutal combination of high costs and weak commodity prices translated into more mine closures than openings in the past year. Several companies were forced to suspend mining and devel…
Discoveries by McWatters, Noranda highlight 2000
The dreary state of metal markets failed to deter several domestic explorers from advancing their projects in 2000. Leading the pack was McWatters Mining, which began the year with a fourfold increase…
Gold stages comeback, palladium touches new high
In another strong display of staying power, gold jumped US$4.50 over the holiday-shortened Dec. 20-26 report period, adding to a 25 gain in the previous week. The yellow metal, which was fixed at US$…
Golds rise above broad market woes
Dragged down again by a troubled industrial sector, the Toronto Stock Exchange 300 index sank 251.43 points over the Nov. 15-21 report period to end the week at 9,013.86.Fairing a good deal better wer…
Northern gold explorers focus on adding bulk
Size matters, especially with regard to gold projects in the Far North. As the yellow metal continues to languish below US$275 per oz., gold explorers in this high-cost environment are focusing on add…
November mean month for gold mining
The brutal combination of high costs and weak prices has forced several companies to suspend mining and development activities at gold projects that aren’t robust enough to survive an industry downtur…
Bema gets squeezed by senior partners
Although gold prices remained below US$267 per oz. during the Nov. 8-15 report period, there was a steady stream of news from both major and junior gold companies.Down 5 to 41, Vancouver-based Bema …
Juniors keep busy as gold slips below US$270
Gold stepped back into the spotlight during the Nov. 1-7 report period, as the Bank of England auctioned another 804,000 oz. (25 tonnes) at an allotment price of US$264.30 per oz.While the amount offe…
Refugio’s fate in doubt as losses mount
Despite the best efforts of partners Kinross Gold (K-T) and Bema Gold (BGO-T), the Refugio mine in Chile’s Maricunga district seems unable to turn a profit in today’s brutal price environment.Represen…
Dayton positions itself for growth
The acquisition of a 49% minority interest in the Denton-Rawhide gold mine and the merger with Mirage Resource (MGP-T) mean that Dayton Mining (DAY-T) is no longer a one-mine company.The past two year…