Glamis Gold Ltd

Market awaits outcome of Goldcorp-Glamis saga

The report period Dec. 22-28 was short because the TSX closed down at 1 p.m. on Dec. 24 for the holidays, and trading did not resume until Dec. 29. The price of gold closed at US$444.40 per oz. in New York on Dec. 28. At Dec. 24, the price of gold…


Glamis in hostile bid for Goldcorp

Glamis Gold (GLG-T) has launched a hostile, all-share bid for Goldcorp (G-T) that is contigent on the latter scrapping its own all-share, friendly takeover of Wheaton River Minerals (WRM-T),…


Wild ride for Thistle Mining

The report period Dec. 15-21 saw the price of gold rise US$3.85 to close at US$440.95 per oz. in the afternoon of the 21st in London. The gold index rose 2.09 points, or 0.9%, to close at 211.20. The diversified metals and mining index was up 10.7…


Gold pour at El Sauzal

Glamis Gold (GLG-T) has poured a first gold bar at its El Sauzal mine, 250 km southwest of the Mexican city of Chihuahua.


Glamis pours gold at El Sauzal

Glamis Gold (GLG-T) has poured a first gold bar at its El Sauzal mine, 250 km southwest of the city of Chihuahua, i…


Central America attracting bigger fish

Encouraging exploration results from Central America, particularly Nicaragua, have attracted at least one big player to a region largely ignored by gold producers in the recent past.


Nevada mine sites, past and present, attract bulk of exploration

Vancouver — Exploration spending in the U.S. has been in sharp decline for most of the past decade, falling 66% to below US$150 million in 2002 from 1997 levels, with a 77% drop in new claims over the same period. Weak metal prices and relentless…


Glamis pins hopes on El Sauzal

Vancouver — Glamis Gold (GLG-T) says the recent start of mining and processing at its newly built El Sauzal mine in Mexico will lead to higher overall gold production at lower costs.




Aerial view of the heap-leach facilities near the Pipeline pit at Placer Dome and Rio Tinto's Cortez gold-mining complex in Nevada.

Speculation runs high on Battle Mountain-Cortez trend

Elko, Nev. — The search for gold along the Battle Mountain-Cortez trend in north-central Nevada has been re-energized by the Cortez Hills discovery, a 7.5-million-oz. oxide deposit that is still being drilled off by partners Placer Dome<...


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…


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