Trading volume high for Wheaton River
The report period July 28-Aug. 3 saw the price of gold close down US$9.05 at US$390.95 per oz. in the afternoon in London. The Toronto Stock Exchange was closed Aug. 2 because of a civic holiday.
Metallica Resources Inc
Cerro San Pedro on hold
With no assurance its construction and operating licenses will be renewed, Metallica Resources (MR-T) has suspended…
Tahera stock churns as Jericho project approved
The week of June 9-15 saw a lot of trading, with the 10 most-active companies all trading over 7 million shares. The spot price for gold in the afternoon on June 15 in London closed at US$386.50, down US$5.85 from a week previously.
Glamis looks to Americas for growth
With two low-cost gold mines under construction in Mexico and Guatemala,
Exercise program good for gold company execs
The recovery of gold equities allowed various gold company executives to cash in on low-priced stock options in the past month. Insider trading transactions reported in the April 2004 issue of the OSC Bulletin include the following:…
Metallica tumbles on lease woes (April 26, 2004)
A Mexican court has nullified
Canada’s miners felled by lower prices
The April 14-20 report period was relatively quiet for gold as the yellow metal shed just US90 to finish at US$396.85 per oz. in London. The Toronto Stock Exchange’s gold index mimicked the metal’s performance, peaking at 214.05 points at mid-per…
Metallica tumbles on lease woes (April 14, 2004)
Shares in Metallica Resources (MR-T) went into freefall in early trading on April 14, after the company said that a…
Metallica buys Glamis’s Cerro San Pedro royalty (April 02, 2004)
Metallica Resources (MR-T) has acquired Glamis Gold’s (GLG-T) net smelter return royalty on the Cerro San Pedro hea…
Metallica sizes up El Morro deposit (February 23, 2004)
Armed with data from 15 diamond- and reverse-circulation holes, Noranda (NRD-T) has tabled an inferred resource estimate for the El Morro area on Metallica Resources’ (MR-T) copper-gold project of the…
Metallica nears startup at Cerro San Pedro
In Mexico, Metallica Resources (MR-T) has awarded a US$105-million mining contract at its Cerro San Pedro project, which is expected to pour its first gold by the end of 2004.The proposed heap-leach o…
Profit-taking grabs hold of broad market
Profit-takers went away happy as the Toronto Stock Exchange composite index dipped 24.76 points over the Jan. 7-13 report period, ending the week at 8,380.34.Gold also reversed course, retreating US$3…