Dee/South Arturo Project

Nevada pins hopes on higher gold price

For the first time in several years, there’s some cautious optimism in Nevada’s precious metals industry.Even though gold prices averaged US$271 per oz. in 2001, versus US$279 in the two previous year…


San Martin success adds to allure of Glamis Gold

The newly constructed San Martin mine, which will likely become the flagship operation of Glamis Gold (GLG-T), made its first shipment of gold from Honduras in mid-December 2000.The 4,000-oz. shipment…


Mergers dominate lacklustre year in US mining

Denver — The year 2000 began on a note of optimism for mining in the U.S. The Washington Agreement, an accord of Europe’s top bullion-holders that aims to regulate and limit sales, promised to revive…


Low commodity prices, high costs cast pall over 2000

Vancouver — The brutal combination of high costs and weak commodity prices translated into more mine closures than openings in the past year. Several companies were forced to suspend mining and devel…


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