TSX breaches 11,000
A strengthening tropical storm Rita and inflation worries set the price of oil and gold alight during the Sept. 13-19 report period. The twin drivers pushed the Toronto Stock Exchange through the 11,0…
Placer Dome Inc
Placer green-lights Granny, Cortez Hills
Hurricane season blows TSX toward 11,000
The Toronto Stock Exchange tacked on another 113.28 points to make 10,885.16 points amid yo-yoing oil prices, and the downgrading of tropical storm Ophelia, during the report period ended Sept. 12. Af…
Placer Dome green-lights Granny, Cortez Hills
Placer Dome (PDG-T) has approved development of its 60%-owned Cortez Hills gold project in northeastern Nevada and …
Miners try to keep pace with Oilers
Strong gains in the energy sector were the story on the Toronto Stock Exchange as Hurricane Katrina pushed up oil and gas prices during the report period Aug. 29-Sept. 4. The Toronto Stock Exchange co…
Western Areas raises South Deep development funds
Vancouver —
Cooler winds chill Wall Street
TORONTO STOCK EXCHANGE…
Royal Gold basks in record royalty revenues
Vancouver — Robust gold prices and an expanded royalty portfolio allowed Denver, Colo.-based
Placer Dome to drill Nevada Pacific’s BMX property
Vancouver A unit of Placer Dome (PDG-T) has filed permits to construct 11 drill-sites on the Long Peak portion of…
Base metals: Price up-trend to continue
Base metal output is rising and demand has slowed. However, output growth is not happening quickly, whereas demand conditions are showing signs of improving. Given that all base metal markets remain i…
Nevada Pacific puts Magistral on hold
Vancouver — The Magistral mine in Mexico’s Sinaloa state added another short chapter to its problem-plagued production history in late July when operator
Mining companies shed recent gains
TORONTO STOCK EXCHANGE…