Barrick Gold Corporation

Glamis Gold poised for a turnaround

Vancouver — Despite lower earnings in the second quarter, Glamis Gold (GLG-T) is expecting a turnaround in the second half of 2004 following startup of the El Sauzal mine in Mexico and expansion of the Marigold operation in Nev…


Trading volume high for Wheaton River

The report period July 28-Aug. 3 saw the price of gold close down US$9.05 at US$390.95 per oz. in the afternoon in London. The Toronto Stock Exchange was closed Aug. 2 because of a civic holiday.



Ivanhoe raises $140m

Vancouver — Ivanhoe Mines (IVN-T) has closed a $140-million equity financing consisting of 20 million shares priced at $7 per share.


Gold miners steal the show

A late-period slide erased earlier gains and helped the Toronto Stock Exchange’s gold index end the July 7-13 report period 0.23 of a point lower at 202.97. The gold miners mirrored the yellow metal, which managed to retain some of its earlier gai…




Photo by Viceroy Exploration -- A drill tests Viceroy Exploration's Gualcamayo gold project in the northern portion of Argentina's San Juan province.

Viceroy rolls the dice in Argentina

Vancouver — Northwestern Argentina is an emerging gold district relative to the prolific, more mature El Indio and Maricunga belts across the mountains in neighbouring Chile. Yet junior companies such as Viceroy Exploration (VY…


Construction of the mill and conveyor belt at the El Sauzal gold project in Mexico.

Glamis looks to Americas for growth

With two low-cost gold mines under construction in Mexico and Guatemala, Glamis Gold (GLG-T) expects to increase its production to more than 600,000 oz. by 2006 at a total projected cash cost of well under US$150 per oz.


Exercise program good for gold company execs

The recovery of gold equities allowed various gold company executives to cash in on low-priced stock options in the past month. Insider trading transactions reported in the April 2004 issue of the OSC Bulletin include the following:…


Chinese economy affects gold markets

The mere hint of a potential slowdown in the torrid growth of China’s economy helped shave a painful US$50 per oz. off gold prices over the past month, dropping spot prices into the US$380-per-oz. range.


Auspicious start for Highland

The first full financial year for London-listed Highland Gold (HGM-L) ended profitably, with the gold-producer posting a US$18-million profit on revenue of US$71.5 million.


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