Trend a friend for Cortez area players
The Cortez area is undergoing a flurry of exploration and drilling activity spurred by drilling successes at the Cortez Hills joint venture.
2004
Gold and oil resume their dance
The bull market in gold has been in full swing since 2001, and one of its more intriguing aspects has been the return of an enduring and special price relationship between the two kings of the commodities world: gold and crude oil.
Revisiting the bull market
The price performance of most of the base metals has been impressive so far this year, at least from a producer’s perspective. All metals made new highs for this cycle despite the rebound in the U.S. dollar. However, the recent correction that mos…
Heavy-going for gold
We had expected gold to experience “one last leg higher” during the second quarter before long liquidation and poor commodity fundamentals drove prices towards US$350 per oz. by the end of the year. However, events have fast-forwarded, with the se…
BLM raises claims fees
The U.S. Bureau of Land Management (BLM) is increasing mining claim fees, which by law must be adjusted for inflation based on the U.S. Consumer Price Index.
New deal at Stillwater (July 12, 2004)
A tentative labour agreement has been reached, ending three months of collective bargaining by representatives of Stillwater Mining and the Local 8-0001, a unit of the Paper, Allied Industrial, Chemical and Energy Workers (PACE) International unio…
Golds lose steam during holiday week
The report period June 29-July 6 saw reduced activity caused by Canada Day and, south of the border, Independence Day. Gold closed down $9.75 to finish at US$394.50 per oz. in the afternoon of July 6 in London. The gold index was down by 0.04 poin…
Obituaries (July 12, 2004)
John Patrick O’Keefe…
TSX adds mining companies, clout
Healthy metal prices lured 19 mining companies to list on the Toronto Stock Exchange in the first half of 2004, adding $2.3 billion (US$1.7 billion) to a bourse already rich in resource companies.
Santa Cruz commissions feasibility study at San Jose
Minera Santa Cruz has commissioned a feasibility study of its San Jose gold-silver project in southeastern Argentina.
People (July 12, 2004)
Bema drills Kupol (July 12, 2004)
Vancouver — Drilling by