Placer makes bid for Getchell
Placer Dome (PDG-N) is poised to acquire all the outstanding shares of Getchell Gold (GGO-X) in a US$1.08-billion manoeuvre aimed at taking over the company’s underground operations in northern Nevada…
Placer Dome (PDG-N) is poised to acquire all the outstanding shares of Getchell Gold (GGO-X) in a US$1.08-billion manoeuvre aimed at taking over the company’s underground operations in northern Nevada…
The Dow Jones industrial average edged closer to the 9,000 point mark, actually surpassing that level during the report period of Nov. 11-17. The average was up 122.3 points (or 1.4%) to finish the we…
Another quarter-point drop in interest rates by the Federal Reserve bolstered the Dow Jones industrial average for the report period ended Oct. 20. The average climbed 567.71 points, or 7.2%, to close…
Vengold (VEN-T) has been advised by Papua New Guinean-based Lihir Gold (LIHRY-Q) that the amount of gold expected from the Lihir mine this year has been reduced to 530,000 oz.The 70,000-oz. shortfall …
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New Guinea Gold (NGG-V) has begun diamond drilling on the Kabang prospect, part of the Feni project in Papua New Guinea.The Feni project comprises about 81 sq. km on the islands of Ambitle and Babase….
Vancouver-based Vengold (VEN-T) granted three officers and five directors a total of 2.95 million options in July. The sweetener came just weeks before the company nabbed a further 6.5% interest in th…
After a rocky report period (Sept. 9-15), the Dow Jones industrial average ended fractionally higher. The average dived during the first half of the period, losing several hundred points, only to reco…
The Dow Jones Industrial average lost 512 points on Aug. 31, its second-largest point drop in history. A rally the following day salvaged some of the damage as the Dow posted a 775-point loss, or 9%, …
The Dow Jones Industrial average fell 112 points (or 1.3%) during the report period ended Aug. 25, closing at 8,602.65.Slumping commodity prices, particularly for copper, continued their downward pres…
Vengold (VEN-T) has purchased a further 6.5% stake in the Lihir gold mine in Papua New Guinea. The $133.5-million acquisition raises its interest to 19%, making it the largest of Lihir’s stakeholders….
The Dow Jones Industrial average jumped nearly 150 points on July 15 to push the average to an all-time high. For the report period ended July 14, the Dow Jones climbed 160.50 points (1.8%) to close a…
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