Severe winter frustrates Queenstake
As it enters its seventh month as owner and operator of the Jerritt Canyon gold mine in northeastern Nevada, Queenstake Resources (QRL-T) says the “unusually early and severe” onset of winter has hamp…
Queenstake Resources Ltd
Queenstake sells Magistral to Nevada Pacific
Junior Nevada Pacific Gold (NPG-V) intends to make the jump to producer after striking a deal to acquire Queenstake Resources’ (QRL-T) Magistral gold mine in the northern Mexican state of Sinaloa.Quee…
Miners surge after Christmas break
The Toronto Stock Exchange’s gold issues dominated the holiday-shortened report period ended Dec. 29.The gold index shot up 15.59 points over the three days to end 6.5% higher at 234.03. Most of the g…
Price squeeze has base metal issues jumping
Toronto equities were little-changed over the report period Dec. 3-9, a modest gain of 48.34 points putting the TSX Composite index at 7,975.94. The base metal and gold stocks headed in opposite direc…
Gold outshines the TSX
The Toronto Stock Exchange’s gold index mirrored the yellow metal’s performance during the Nov. 12-18 report period, ending with a surge to sit 9.01 points higher at a new year-high mark of 226.70.Gol…
Gold rallies as Barrick breaks the mold
Gold roared back to life in the Oct. 15-21 report period, rising US$4 to a London morning fix of US$374.80 per oz. Silver also shone, rising US6 over the five trading days to finish at US$5 per oz.Ba…
People (September 01, 2003)
Anglo American Lazarus Zim appointed deputy CEO and chairman of Anglo Operations.Apollo Gold — Robert Watts appointed to board.CYPlus — Robert Warriner appointed regional sales manager…
Broad market slips as gold miners rise
The Standard & Poor’s/TSX composite index began the Aug. 20-26 report period on a high note, only to succumb to bearish mentality by its close. The result was a value reduction of 32.09 points, as the…
Low-cost El Peon drives Meridian
Second-quarter earnings at Meridian Gold (MNG-T) were somewhat lower than in 2002, but low costs at the El Penon mine kept the company well in the black. For the three months ended June 30, Meridian e…
Queenstake closes Jerritt deal
Queenstake Resources (QRL-T) has acquired the Jerritt Canyon gold mine in Nevada’s Elko Cty., after wrapping up a previously announced brokered private placement of 105 million subscription receipts f…
Queenstake bankrolls Jerritt Canyon
Vancouver — A brokered private placement financing worth $21 million will allow Queenstake Resources (QRL-T) to acquire the Jerritt Canyon gold mine in Nevada’s Elko Cty.Regulators have yet to approv…
Queenstake buys Jerritt Canyon, again
The sale of the Jerritt Canyon gold mine in Elko Cty., Nev., is on again, following an agreement by owners AngloGold (AU-N) and Meridian Gold (MNG-T) to take shares as partial payment from buyer Queen…