News

Insider Trading (August 23, 2004)

The following insider trading transactions were reported in the July OSC Bulletin, published by the Ontario Securities Commission:…



Al-Qaeda funded by ‘blood’ diamonds: UN

A UN-backed report says several top al-Qaeda operatives laundered millions of dollars in African diamonds before the terrorist attacks on New York City on Sept. 11, 2001.




Canadian Stock Exchange Indices (August 23, 2004)



Wheaton, Coeur trade barbs

Ian Telfer, CEO of Wheaton River Minerals (WRM-T), says the takeover attempt by spurned suitor Coeur d’Alene Mines (CDE-T) is a charade. He made the comments during a conference call in which his company’s sec…


Baffin Island’s rich iron deposits attractive again

A lifelong dream is beginning to come true for Gordon McCreary, former vice-president of corporate affairs for Kinross Gold (K-T): drills are turning on the long-dormant Mary River iron ore project in Baffin Island.



Human rights and mining

Human rights are increasingly important to mining operations, and yet the issue remains largely on the sidelines.


Placer Dome adds to Cortez Hills discovery

Midway through a US$10-million exploration campaign at the Cortez gold mine in Nevada, Placer Dome (PDG-T) has started a feasibility study. The move comes after the major increased proven and probable reserves by 2 million oz.,…


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