Rio Algom Limited

The Aug. 11-17 report period saw continuing strength from gold, with spot prices shooting up US$4.60 to US$261.50 per oz. on the London morning fix of Aug. 18.Over the week, the World Gold Council ann…

Nickel continued to lead the revived base metal market during the Aug. 4-10 report period, with prices climbing 12 cents to US$2.91 per lb. thanks to a combination of growing demand, shrinking stocks …

Agnico-Eagle MinesAltius MineralsApex Silver MinesArchangel DiamondAtna ResourcesBard Silver & GoldBarrick GoldBattle Mountain GoldBema GoldBillitonBuchans RiverCambiorCamnor ResourcesCancor MinesCanm…

Riding on the back of stronger metal prices, the Toronto Stock Exchange 300 index gained 10.61 points during the report period July 28-Aug. 3 to finish at 7,033.30.The biggest news of the week was the…

Rumours about a major new base metal discovery in the Buchans area of central Newfoundland are rumours still, but activity in the area suggests there may be some substance to the buzz.The stories have…

Alberta EnergyApex Silver MinesAshton Mining of CanadaBarrick GoldBolidenCamphor VenturesComincoDe Beers Cons. MinesEldoradoExall ResourcesExcellon ResourcesFalconbridgeGlamis GoldGlimmer ResourcesInc…

Second-quarter profits were down for Rio Algom (ROM-T), but the company continued to boost copper production and reduce mining costs.For the three months ended June 30, the Toronto-based major recorde…

During the July 21-27 report, gold took a baby step back from oblivion, gaining $1.10 to hit US$254 per oz. on the London morning fix of July 28.Each of Canada’s three biggest gold producers posted ga…

Gold dropped to yet another 20-year low during the quiet report period ended July 20, losing $2.70 to hit US$252.90 per oz. on the London morning fix of July 21.Most of Canada’s major gold producers s…

Gold prices touched new 20-year lows during the July 7-13 report period, losing 60 cents to hit US$255.60 per oz. on the London morning fix ofJuly 14.Although there was relatively little activity in t…

Following a host of mine closings in the copper industry, Phelps Dodge (PD-N) has announced production cuts and restructured its wire and cable business.The Phoenix, Ariz.-based company plans to decre…

Already destined to become the world’s third-largest zinc and seventh-largest copper mine, the Antamina deposit in Peru now holds the distinction of being the recipient of the largest financing ever f…