Placer Dome Inc

TSX enjoys gold’s good fortune

Gold rose US$6-even over the Nov. 10-16 report period to close at a 16-year high of US$439.40 per oz. in London. To the surprise of no one, the TSX’s gold index jumped 7.2 points, or more than 3%, to 224.45. The diversified metals & mining index w…


Tax gains buoy Placer Dome in Q3

Vancouver — Placer Dome (PDG-T) earned US$148 million (or 36 per share) in the third quarter, up substantially from US$27 million (6 per share) in the corresponding period of 2003. Tax gains contributed to the improvement.


Golds, base metals spur TSE indices

The Toronto Stock Exchange edged 3.81 points higher to end the Nov. 3-9 report period at 8,845.16. The gold index rose 4.4% to 221.20 points, as the yellow metal entrenched itself above the US$430-per-oz. level, closing at US$432.65 per oz. in New…





A plane carries supplies and personnel to Wolfden Resources' High Lake camp in Nunavut.

Wolfden propels High Lake toward feasibility

At its High Lake polymetallic project in Nunavut, Wolfden Resources (WLF-T) is making the most of a spectacular grassroots exploration find and the relatively inexpensive purchases of a gold deposit and a mill.


Candente hits porphyry copper

Vancouver — Candente Resource (DNT-V) has intersected what appears to be a major porphyry copper zone on its Caariaco project in northern Peru.




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<...



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