Golden Star Resources Ltd

Gold glistens as oil boils

Surging oil prices and anemic job growth south of the border sent gold US$7.05 higher to US$399 per oz. during the Aug. 4-9 report period. Still, the Toronto Stock Exchange’s gold index only managed to edge 0.58 of a point higher to 185.28. The di…


Golden Star trims earnings, stands pat

Higher mining and processing costs associated with transitional ore at the Bogoso-Prestea mine in Ghana cut into Golden Star Resources‘ (GSC-T) earnings in the second quarter.


Mano River’s Pampana yields more gold

Vancouver — Drilling at the Pampana project in Sierra Leone — a joint venture between Mano River Resources (MNO-V) and Golden Star Resources (GSC-T) — is returning impressive gold grades from beneath an art…





Wheaton’s silver spinoff adds twist

In its struggle to fend off Coeur d’Alene Mines (CDE-N), Wheaton River Minerals (WRM-T) has agreed to sell all the silver produced from its Luismin operations in Mexico to Chap Mercantile (C…


Wheaton River trades heavily

The report period July 14-20 saw the price of gold close down US90. The precious metal fell US$6.35 on July 20 to finish at US$400 per oz. in the afternoon in London. The gold index was down by 2.7%, or 5.53 points, to close at 197.44. The divers…



Iamgold seeks suitors

Having recently lost its bid to merge with Wheaton River Minerals (WRM-T), Iamgold (IMG-T) is setting up a special committee to look for other suitors.


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…



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