News


Canadian Stock Exchange Indices (December 06, 2004)



Holiday quiet calms markets

U.S. stock markets traded in a narrow range between Nov. 24 and 30, a trading period bisected by the U.S. Thanksgiving holiday. The S&P 500 index closed 3.12 points lower, at 1,173.82, in four trading days that saw the index move in a 14-point ban…


Manhattan exits Peru

Vancouver — Having had its fill of difficulties in Peru, Manhattan Minerals (MAN-T) is saying adios and selling its portfolio of mineral projects in the country.


Golden wave cause commodities to rise

Continued exuberance in the metals market enabled the junior-mining-dominated S&P-TSX Venture Exchange composite index to close at 1754.39, up an impressive 3.2%, or almost 54 points, during the period Nov. 24-30. Average daily volume over the wee…


Seeing no evil

We’re fortunate to have another example in front of us. At the Chenjiashan coal mine in China’s Shaanxi province, 116 miners are missing and presumed dead, and another 50 are confirmed dead following a methane explosion.



Newmont pollution case thickens

Indonesian courts will decide if personnel from a wholly owned subsidiary of Newmont Mining (NEM-N) are guilty of environmental pollution.




Winning the metals

The following is an excerpt from the ninth edition of Mining Explained, published by The Northern Miner.


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