Marigold Mine

San Martin mine blesses Glamis with profit

Denver — Commissioning of the San Martin mine in Honduras propelled Glamis Gold (GLG-N) to a first-quarter profit despite difficult times.The company earned US$387,000 (or 1 per share), compared wit…


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…


Glamis sees higher production in 2000

By fully integrating the three mines it acquired from its recent merger with Rayrock Resources, as well as additional production from the new San Martin mine in Honduras, Glamis Gold (GLG-N) expects t…


Low gold prices take toll on Glamis

Low gold prices caused Glamis Gold (GLG-N) to rack up a US$2.7-million loss in the recent second quarter (or 3 cents per share), compared with a loss of US$131,000 (nil per share) in the corresponding…



Rayrock back with Glamis

Rayrock Resources (RAY-T) has accepted a merger bid by Glamis Gold (GLG-T) and left Viceroy Resource (VOY-T) in possession of a $2-million break-up fee.Under the new agreement, which has yet…



Rayrock boosts gold reserves (January 11, 1999)

Nevada gold miner Rayrock Resources (RAY-T) has substantially increased reserves at its three open-pit operations.Total reserves at the wholly owned Dee and Daisy mines and 66.6%-held Marigold mine no…


Rayrock proposes merger with Glamis

A proposed merger with Glamis Gold (GLG-T) has enabled Rayrock Resources (RAY-T) to fend off a potential liquidation.Rayrock was prepared to meet its destiny on Nov. 20, when shareholders were expecte…


Rayrock companies reorganize as Pyx Mining

A new company, Pyx Mining, has been formed through the combination of Rayrock Yellowknife Resources (RAY-T), Minera Rayrock (MRN-T) and Inter-Rock Gold (IRO-T).Under the terms of the proposal, Rayrock…



Rayrock to expand mines in Nevada

Toronto-based Rayrock Yellowknife Mines (RAY-T) plans to expand two of its gold mines in Nevada.The expansions at Dee and Marigold, combined with the start of production at its 35%-owned Daisy mine, a…


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