Bioteq cleaning up one mess at a time
Mining has long had a problem with acid mine drainage, and Vancouver-based
Placer Dome Inc
Gold rockets as Hamas founder murdered
Continued geopolitical unrest during the March 17-23 report period saw the price of gold continue to rebound, climbing another US$13.50 to finish at US$416.25 per oz. in the afternoon in London on March 23. The TSX’s gold index responded by jumpin…
Investment Commentary: Scotia Capital sees US$470-per-oz. gold
While many gold analysts have been criticized by gold bugs for bailing out of gold in a big way in December 2003, Scotia Capital stands out among the usually conservative, bank-owned brokerage houses …
Pipeline powers Royal Gold
A sliding-scale royalty at the Pipeline gold project in Nevada jumped to a higher rate late last year, enabling Royal Gold (RGL-T) to boost fourth-quarter earnings by 85%.The Denver-based company’s ne…
Broad market rises as golds and base metals heat up
With strong support from the resource sector, the S&P/TSX composite index jumped 90.81 points over the Feb. 4-10 report period to end the week at 8,751.51.Gold rose US$6.60 in overseas trading to sett…
Gold prices revive NWT projects
Improved metal prices have always had a way of giving new life to old projects, so it need not be a surprise that the recent rise in the gold price has acted like a defibrillator on several projects i…
Broad market forges ahead, golds left behind
Sparked in part by a rally in Nortel Networks, buyers pushed the S&P/TSE composite index 243.28 points higher over the Jan. 14-20 report period. The bourse ended the period at 6,623.62, or 2.9% greate…
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…
Rubicon plans extensive drilling
Vancouver — Rubicon Minerals (RMX-T) is preparing for an aggressive drill campaign at its projects in Red Lake, Ont., and Newfoundland.The junior has advanced a total of 15 projects to the drill-read…
Newmont raises Phoenix, inks JV
Ushering in the new year with a bang, Newmont Mining (NEM-N) has begun developing the Phoenix deposit ahead of schedule.Situated in north-central Nevada, Phoenix is now slated to begin production in 2…
Miners surge after Christmas break
The Toronto Stock Exchange’s gold issues dominated the holiday-shortened report period ended Dec. 29.The gold index shot up 15.59 points over the three days to end 6.5% higher at 234.03. Most of the g…
Nevada Pacific to purchase Castle Mountain
Vancouver — Nevada Pacific Gold (NPG-V) has inked a deal to purchase the Castle Mountain Mine, located 105 km sout…