Metallica buys Glamis’s Cerro San Pedro royalty (April 02, 2004)
Metallica Resources (MR-T) has acquired Glamis Gold’s (GLG-T) net smelter return royalty on the Cerro San Pedro hea…
Newmont Mining Corporation
Miners dodge market slide
A generally poor report period for U.S. equity markets didn’t extend to the mining stocks, which were mostly higher over the five trading days March 17-23 as the Dow Jones industrial average and the S&P 500 index both fell slightly more than 1%.
Gold Fields battered by volatile rand
A tough operating environment at home has spurred Johannesburg-based Gold Fields (GFI-N) to step up a global diversification program.In the past few months, the company acquired the Cerro Corona gold-…
Hecla shatters silver record
The old dog is still learning new tricks: in 2003, U.S. silver miner Hecla Mining enjoyed the best year of silver production in its 113-year history. The company mined a record 9.8 million oz. at a to…
Newmont expands reserves at drill bit
The larger the gold company, the tougher the challenge of replacing mined ounces and expanding overall reserves and resources. A few years ago, Newmont Mining (NEM-N) had only about 9 million oz. of r…
MK Gold explodes
Salt Lake City-based micro-cap explorer MK Gold has its moment in the sun during the period ended Feb. 10, topping the list of percentage gainers amongst all the U.S.-listed mining stocks. MK rocketed…
Pipeline powers Royal Gold
A sliding-scale royalty at the Pipeline gold project in Nevada jumped to a higher rate late last year, enabling Royal Gold (RGL-T) to boost fourth-quarter earnings by 85%.The Denver-based company’s ne…
Gold prices revive NWT projects
Improved metal prices have always had a way of giving new life to old projects, so it need not be a surprise that the recent rise in the gold price has acted like a defibrillator on several projects i…
Calcatreu takes shape under Aquiline
Ingenerio Jacobacci, Argentina — Results from ongoing infill drilling have convinced Aquiline Resources (AQI-V) that it will soon outline more than 1 million oz. at its Calcatreu gold-silver project,…
Newmont raises Phoenix, inks JV
Ushering in the new year with a bang, Newmont Mining (NEM-N) has begun developing the Phoenix deposit ahead of schedule.Situated in north-central Nevada, Phoenix is now slated to begin production in 2…
Silver stocks take flight
With silver spot prices soaring US20, to US$5.86 per lb., all the U.S.-listed silver stocks enjoyed strong gains during the 4-day period ended Dec. 29.Leading the way was Idaho-based Coeur d’Alene Mi…
Metals Commentary: Bright outlook for precious metals
All the key trends that have contributed to rising gold prices over the past year remain in place. The strong price recovery in commodities across all sectors continues to attract investment into prec…