Nevada pins hopes on higher gold price
For the first time in several years, there’s some cautious optimism in Nevada’s precious metals industry.Even though gold prices averaged US$271 per oz. in 2001, versus US$279 in the two previous year…
Dee/South Arturo Project
San Martin success adds to allure of Glamis Gold
The newly constructed San Martin mine, which will likely become the flagship operation of Glamis Gold (GLG-T), made its first shipment of gold from Honduras in mid-December 2000.The 4,000-oz. shipment…
Mergers dominate lacklustre year in US mining
Denver — The year 2000 began on a note of optimism for mining in the U.S. The Washington Agreement, an accord of Europe’s top bullion-holders that aims to regulate and limit sales, promised to revive…
Low commodity prices, high costs cast pall over 2000
Vancouver — The brutal combination of high costs and weak commodity prices translated into more mine closures than openings in the past year. Several companies were forced to suspend mining and devel…