With the May 5-11 report period dominated by headlines heralding impending interest rate hikes, China’s decision to try to slow its sizzling economy, and soaring oil prices, one could hardly fault investors for bolting for the doors. And bolt they…
Gold is ending the first quarter much as it ended the last: rising strongly toward long-term peaks. However, the nature of this rally has changed. Gold is now rising in the face of a weaker euro — breaking the gold/euro correction that became so…
Platinum and palladium stood out from the pack, gaining US$51 and US$13 per oz., respectively, during the April 7-13 report period.
Continued geopolitical unrest during the March 17-23 report period saw the price of gold continue to rebound, climbing another US$13.50 to finish at US$416.25 per oz. in the afternoon in London on March 23. The TSX’s gold index responded by jumpin…
Ivanhoe Mines (IVN-T) Chairman Robert Friedland has been known to wax eloquently about his company’s mining projects scattered throughout the globe but before he took the stage at the annual awards ce…
Odd couple Barrick Gold (ABX-T) and Falconbridge (FL-T) have agreed to explore jointly the Kabanga nickel deposit in Tanzania.Falco can take a half-interest and assume the role of operator by funding …
Vancouver — A mining industry almost giddy with excitement was in evidence at the 21st annual Mineral Exploration Roundup, held recently at this city’s Westin Bayshore Resort and Marina.The theme of …
With strong support from the resource sector, the S&P/TSX composite index jumped 90.81 points over the Feb. 4-10 report period to end the week at 8,751.51.Gold rose US$6.60 in overseas trading to sett…
Higher byproduct credits for copper, zinc and silver resulted in lower-than-expected costs in the fourth quarter at the LaRonde gold mine in northwestern Quebec.The news comes as owner Agnico-Eagle Mi…
Sparked in part by a rally in Nortel Networks, buyers pushed the S&P/TSE composite index 243.28 points higher over the Jan. 14-20 report period. The bourse ended the period at 6,623.62, or 2.9% greate…
Profit-takers went away happy as the Toronto Stock Exchange composite index dipped 24.76 points over the Jan. 7-13 report period, ending the week at 8,380.34.Gold also reversed course, retreating US$3…
The Toronto Stock Exchange’s gold issues dominated the holiday-shortened report period ended Dec. 29.The gold index shot up 15.59 points over the three days to end 6.5% higher at 234.03. Most of the g…
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