Kinross Gold Corporation

Broad market rebounds but resource stocks mixed

Recouping over a quarter of the loss reported for the previous period, the Toronto Stock Exchange 300 index climbed 216.19 points between April 5 and April 11 to end the week at 9,358.03, or 2% higher…


Low prices take toll on gold mines

The prolonged slump in gold prices has taken its toll on a number of low-grade, bulk-tonnage gold projects in South America, leaving only a handful of robust projects able to survive the rocky road to…




Resource stocks fail to ride broad market wave

The March 22-28 report period proved to be a volatile one, with the Toronto Stock Exchange 300 index passing the 10,000 mark for the first time ever on March 23 — only to slip to 9,922.85 by the week…


New economy supported by the old

With wonder one watches the volatility in global stock markets and the preoccupation of the news media with the “new global economy.” The myopic focus on telecommunications, e-commerce, genetic engine…


Latest UK auction drives brief gold rally

During the March 15-21 report period, attention in the gold market was directed toward the Bank of England’s latest gold auction, held on March 21.The bank sold 25 tonnes (803,600 oz.) for US$285.25 p…


Golds, base metals carry Toronto exchange lower

The Toronto Stock Exchange 300 index slipped 31.65 points during the March 8-14 report period to end the week at 9,393.83.With gold taking another tumble, the TSE’s gold and precious metals sub-index …


Juniors complete merger

The proposed merger of Wheaton River Minerals (WRM-T) and Kit Resources is now complete.Wheaton River shareholders received one share of the merged company for each Wheaton River share held; Kit share…


Exall Resources records quarterly loss

Toronto-based Exall Resources (EXL-T) lost $716,431 (or 2 cents per share) in the three months ended Sept. 30, compared with earnings of $801,031 in the third quarter of 1998. Revenue between the peri…


Bema finances Julietta as Refugio disappoints

A US$25-million financing agreement is allowing Bema Gold (BGO-T) to draw up construction plans for its 79%-owned Julietta gold-silver mine in Russia.Two European banks have agreed to put up the funds…



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