Tough times between the Gulf and the Pacific
Depressed gold prices are leaving producers little room for error these days, nowhere more so than in Mexico and Central America.Greenstone Resources, dead at the age of 17 years from financial asphyx…
Placer Dome Inc
Low prices take toll on gold mines
The prolonged slump in gold prices has taken its toll on a number of low-grade, bulk-tonnage gold projects in South America, leaving only a handful of robust projects able to survive the rocky road to…
AngloGold expands presence in South America
The world’s largest gold producer has set its sights on several prospective areas of South America as part of an ongoing effort to expand beyond its operating base in South Africa.In the past year, An…
Panic hits broad market but sidesteps resource stocks
Stricken by panic leading up to and following the much-anticipated U.S. federal court ruling against Microsoft, the Toronto Stock Exchange 300 index nosedived 781.01 points between March 29 and April …
No Headline (April 10, 2000)
INDEXAcquiline15Anaconda15Anglo Am15Anglogold1Apex Silver3Ascot Res.16Ashanti1Aurizon1…
INDEX (April 03, 2000)
Alberta Energy14Ashton13Atna Res.16Barrick1Battle Mt.3Broken Hill16Buffalo Diamonds14Cameco13Canabrava2Cha…
Ontex enhances Cherbourg
Drilling by Ontex Resources (ONT-T) at the Cherbourg property, west of Geraldton, Ont., indicates gold mineralization at depth below some previously known gold zones.Ontex, currently earning a 60% int…
Resource stocks fail to ride broad market wave
The March 22-28 report period proved to be a volatile one, with the Toronto Stock Exchange 300 index passing the 10,000 mark for the first time ever on March 23 — only to slip to 9,922.85 by the week…
Placer Dome makes South African debut
Last year’s acquisition of half of the South Deep mine in South Africa helped to more than double Placer Dome’s (PDG-T) ore reserves to nearly 66 million oz. gold.The Vancouver-based major purchased a…
Tombstone Park article fear-mongering
I was bemused to read the opinion by Vivian Danielson entitled “Yukon miners cry ‘foul’ over Tombstone park process” (T.N.M., March 6/00). Perhaps a better title would have been “Crusading Toronto pub…
Latest UK auction drives brief gold rally
During the March 15-21 report period, attention in the gold market was directed toward the Bank of England’s latest gold auction, held on March 21.The bank sold 25 tonnes (803,600 oz.) for US$285.25 p…
MM2000 highlights industry successes and challenges
Mining Millennium 2000 was every bit the grand convention and trade show that its organizers — the Prospectors & Developers Association of Canada (PDAC) and the Canadian Institute of Mining, Metallur…