Trading Summary (April 22, 2003)
Toronto’s gold stocks retreated to the tune of 2.15 points or 1.3% to settle at 161.62 on Tuesday. The base metal m…
News
Power problem idles Sigma mill
A fluctuation in power supplied by Hydro Quebec has forced a temporary shutdown of McWatters Mining’s (MWA-T) Sigma…
Pacific Minerals cuts high-grade PGM’s at JBS
Vancouver — Pacific Minerals (PMZ-V) has intersected high-grade platinum, palladium and gold mineralization while…
Diversification boosts Teck Cominco (April 22, 2003)
Vancouver An improved operating performance at the Trail smelter in British Columbia combined with an 18% jump in…
Record production powers Rio Narcea turnaround
Paced by record gold production from its El Valle mine in Spain, Rio Narcea Gold Mines (RNG-T) staged an impressive…
Trading Summary (April 21, 2003)
Toronto’s gold stocks put in a 4.69-point or nearly 3% gain to help the S&P/TSX Composite Index 45.08 points higher…
Stillwater awaits regulatory nod
Vancouver London-based Norimet, the marketing arm of Russia’s Norilsk Nickel, has reaffirmed its desire to acquir…
Metallic Ventures cuts new gold at Gemfield
Reno-based Metallic Ventures (MVG-T) continues to cut high gold values on its Gemfield deposit on the Goldfield pro…
China’s gold trade
The People’s Bank of China has removed all barriers to gold licensing for the manufacture, distribution and retailing of gold products. The move is a significant step towards liberalizing the gold mar…
Monroe manages risks with methodical approach
Schweizer Reneke, South Africa — Neels Badenhorst plucks a small, clear diamond off the grease table and pops it into his mouth. Dangling from a leather string around his neck is a vial filled with o…
South Africans target platinum in Zimbabwe
Vancouver — Over the past decade, platinum miners have been eager to advance known deposits on Zimbabwe’s Great Dyke, home to the world’s second-largest reserve of platinum. However, a strong nationa…
Harmony launches gold bars
Harmony Gold Mining, South Africa’s third-largest gold producer, is marketing a series of branded gold bars to consumers at home and abroad, with 90% of the product bound for India.Although South Afri…