The Northern Miner Indices (August 23, 2004)
North American Mining: 99.16 (+1.02)…
News
Tethyan strikes gold in central Pakistan
Perth, Western Australia — A major gold porphyry has been discovered at the Reko Diq copper-gold project in Pakistan.
Diamond market showing gains
Owing to solid sales through the first half of 2004, the London-based Diamond Trading Co. is raising its prices of rough diamonds by an average of 5%, with most categories rising in line with the average.
Crosshair sets its sights on gold
Gander, Nfld. —
VVC firms up Beaverbrook (August 23, 2004)
Grupo settles second dispute
Mexican copper giant Grupo Mexico has reached a settlement with union leaders at its massive Cananea mine in Sonora state.
Exchange Rates (August 23, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…
Golds hit by rising dollar
U.S. stock prices bounced back strongly on Aug. 10 and 11, as the market digested news of the most recent Federal Reserve rate increase. But the S&P 500 index, which rose 1%, to 1,075.79, and the Dow Jones Industrial Average, which took back 1.3%,…
Higher metal recoveries for Minera Andes
Vancouver – Metallurgical testing on Huevos Verdes gold-silver vein material has delivered a pleasant surprise, hig…
Osisko hitting shallow gold
Osisko Exploration (OSK-V) continues to intersect significant gold at shallow depth at its Barry gold project 180 k…
Trading Summary (August 20, 2004)
Gold closed up US$4.05 on Aug.20th, to finish at US$410.55 per oz. in the afternoon in London. The gold index was u…
Zaruma sizes up Realito (August 20, 2004)
Zaruma Resources (ZMR-T) has tabled an initial resource estimate for the Realito structure on the 97-sq.-km San Ant…