Newmont Mining Corporation

Drilling on Aquiline Resources' Calcatreu project in Argentina's Rio Negro province, where indicated resources stand at around 6.2 million tonnes grading 3 grams gold and 28.1 grams silver per tonne.

Aquiline advances Calcatreu project

An independent scoping study has concluded that Aquiline Resources‘ (AQI-V) Calcatreu project in Argentina’s Rio Negro province contains enough gold and silver to warrant mining.


Newmont pollution case thickens

Indonesian courts will decide if personnel from a wholly owned subsidiary of Newmont Mining (NEM-N) are guilty of environmental pollution.


Holiday quiet calms markets

U.S. stock markets traded in a narrow range between Nov. 24 and 30, a trading period bisected by the U.S. Thanksgiving holiday. The S&P 500 index closed 3.12 points lower, at 1,173.82, in four trading days that saw the index move in a 14-point ban…


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.


Solitario limits Peruvian royalty

Facing a new government royalty on mine production that could have discouraged further work by operator Minera Yanacocha, Solitario Resources (SLR-T) has agreed to limits on a royalty it holds on a 600-sq.-km package north of th…


Golds sag despite rising bullion

U.S. stock markets finished little-changed over the report period Nov. 17-23 despite a selloff on Nov. 19 following comments by Federal Reserve chairman Alan Greenspan on how the U.S. current account deficit might depress the value of the greenbac…



Markets up, miners follow

A quarter-point move in U.S. interest rates didn’t dampen enthusiasm on Wall Street in the reporting period Nov. 10-16. The Dow Jones Industrial Average, at 10,487.65, and the S&P 500, at 1,175.43, were both about 1% higher after generally buoyant…



Aquiline advances Calcatreu

An independent scoping study has concluded that Aquiline Resources’ (AQI-V) Calcatreu project in Argentina’s Rio Ne…


Vote sparks markets

A strong rally on the Thursday following the U.S. election took American equity markets higher during the reporting period Nov. 3-9, with the Dow Jones Industrial Average gaining 3.5% to finish at 10,386.37 and the S&P 500 index up 3% at 1,164.08.


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