2004

The report period Dec. 8-14 saw the price of gold fall US$14.70 to close at US$437.10 per oz. in the afternoon in London. The gold index managed to hold its own and fell a mere 0.19 of a point to close at 209.11, and the diversified metals and min…

The Diavik mine in Canada’s Far North has consistently exceeded design expectations and delivered better-than-expected diamond values during the ramp-up to full production.

Glamis Gold (GLG-T) has poured a first gold bar at its El Sauzal mine, 250 km southwest of the Mexican city of Chihuahua.

A significant decline in precious metal prices over the week took the wind out of the junior resource market. The S&P-TSX Venture Composite Index closed at 1,721.79 for the week Dec. 8-14, up slightly from previous week’s close of 1,712.19, but no…

Vancouver — A positive resource estimate has induced Richmont Mines (RIC-T) to acquire a majority interest in the Island Gold project in Ontario from Patricia Mining (PAT-V).

Vancouver — Placer Dome (PDG-T) predicts higher production costs for its gold and copper operations in 2005, owing to a weak U.S. dollar, and only a slight increase in metal production. However, strong gold and copper prices sh…

The equity offering to finance OntZinc‘s (OTZ-V) purchase of Hudson Bay Mining & Smelting will raise up to $143.8 million, following agreements with a syndicate of seven investment houses.