News

There is a growing possibility that the price of gold will break out of the US$256-to-$273-per-oz. range witnessed in the first quarter, according to Gold Survey 2001, published by U.K.-based Gold Fie…

Although several positive fundamental factors emerged from the U.S. during the report period April 23-27, these were offset by negative ones worldwide, such as weakening fundamentals in the Asian regi…

Denver — The Dow Jones industrial average chugged ahead, gaining 444 points, or 4.2%, in the April 25-May 1 report period to close at 10,898.34, its highest point since mid-February.Most issues were …

The report period ended May 1 was a quiet one for the Toronto Stock Exchange, with the TSE 300 composite index up fractionally at 7,946.33 points for a gain of 54.66 points, or 0.7% of value.What was …

Denver — A solid operating performance by AngloGold (AU-N) in the first quarter translated into income of US$43 million (or 40 per share), compared with a loss of US$18 million (16 per share) in th…

Based on results from last year’s bulk-sampling of two kimberlites at the Fort la Corne project in Saskatchewan, partners Kensington Resources (KRT-V) and De Beers Consolidated Mines (DBRSY-Q) are c…

The bid by a group led by Anglo American (AAUK-Q) to take De Beers Consolidated Mines (DBRSY-Q) private has been raised by US$2 for the benefit of minority shareholders who were holding out for a bett…

Diamond explorer Tahera (TAH-T) has optioned a small land package held by Navigator Exploration (NVR-V) near the Jericho project in Nunavut.Tahera can earn an initial 51% interest in the JH claims in …

Drill results from the Hope Bay gold project in Nunavut continue to show the potential of the Naartok-Matrim-Patch trend.Partners Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) are carrying out an i…