Oil-fired TSX breaks 10,000
Rising prices for crude oil pushed the Toronto Stock Exchange composite index over 10,000 during the report period June 14-20. The composite finished just shy of that mark, at 9,998.11, up 158.17 poin…
Goldcorp Inc
Miners rebound
The Toronto Stock Exchange weathered a politically tumultuous holiday-shortened report period, May 17-20, to end 128.91 higher at 9,452.19 points. The golds managed to claw back 3.56 points from the p…
Goldcorp bid eats into Glamis’s profit
Vancouver — Although the new El Sauzal mine in Mexico enabled
Metals weigh on TSX
The Toronto Stock Exchange’s resources sector helped the broader market to a 237.92-point loss to 9,323.28 during the May 10-16 report period. The gold index plummeted 16.15 points, or nearly 9%, to a…
Distinction blurs between gold and base metal producers
Vancouver — Boom times in China and India have base metal companies flashing growth-charts not seen since the heady days of the Western World’s post-war baby boom. The rally has even prompted some go…
Kennecott forms new team
Vancouver — A long-term deal inked by
Miners wither during earnings season (May 09, 2005)
The Toronto Stock Exchange tacked on 2.56 points to end the April 26-May 2 report period at 9,430.21. The meagre advance occurred in spite of the mining sector, as the gold index fell 4.2% to 177.67 p…
Rubicon cuts further gold at McFinley
Vancouver – With its winter drill program now complete, Rubicon Minerals (RMX-T) has extended the Phoenix zone stri…
Eldorado takes up option on Vila Nova
A deal with Brazilian company Mineracao Amapari gives
El Sauzal delivers for Glamis (April 25, 2005)
As if to offset its failure to take over
High volume leads mostly to losses
The period April 12-18 saw the price of gold fall $3.25, to US$425.75 per oz., where it closed in the afternoon in London. All the mining-related indices fell as well. The gold index fell 9.4 points t…
Lundin shrinks Zinkgruvan
Vancouver — An in-house estimate suggests that reserves at the Zinkgruvan zinc-lead-silver mine in Sweden are smaller than previously calculated….