News

Wheaton River trades heavily

The report period July 14-20 saw the price of gold close down US90. The precious metal fell US$6.35 on July 20 to finish at US$400 per oz. in the afternoon in London. The gold index was down by 2.7%, or 5.53 points, to close at 197.44. The divers…


Tyhee goes for gold in NWT

Vancouver — This year’s initial drill hole at Tyhee Development‘s (TDC-V) Yellowknife Gold project in the Northwest Territories intersected almost 500 metres of gold mineralization.


Montana voters put I-147 on ballot

Initiative 147, which proposes to re-allow cyanide leaching in open-pit gold and silver operations in Montana, will be on the ballot in that state in November.


Wheaton’s silver spinoff adds twist

In its struggle to fend off Coeur d’Alene Mines (CDE-N), Wheaton River Minerals (WRM-T) has agreed to sell all the silver produced from its Luismin operations in Mexico to Chap Mercantile (C…



Polishing the myth

With the settlement of charges under anti-trust laws in the United States, the De Beers group believes it has put its disputes with the U.S. government behind it. And it is plain that the U.S. Department of Justice expects to see a very different…


Combatting conflict diamonds

This is a crucial juncture for our industry. We are enjoying a period of success with growing consumer demand for diamond jewelry driven by new, dynamic marketing initiatives. We can look back at the last few challenging years with justifiable pri…



Mundoro’s Maoling serves up gold

Vancouver — Little more than half a year since going public, Mundoro Mining (MUN-T) is reporting significant results from drilling at its 79%-controlled Maoling gold project in northeastern China.



Western markets beset by summer doldrums

Weakening junior market volume, coupled with a slight pull back in gold toward the session’s end, led to further softening of the TSX Venture Exchange Index. The index fell more than 32 points to close at 1527.14 during the trading period July 14-…



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