2004



Miners lead US market

March 24-30 was a generally good reporting period for U.S. markets, but no more so than among the metal producers. Both major market indices advanced, with the Dow up 3.2% and the S&P 500 up 3%.



Canadian Stock Exchange Indices (April 05, 2004)


Gold miners eye construction costs

Gold’s ascent levelled off during the March 24-30 report period, with the yellow metal adding US$4.75 per oz. to end at US$420 per oz.






Consolidation, or not

After the great shakeout of the late 1990s, consolidation became a bit of a mantra among executives in the gold industry. There were really too many gold companies, the story went, and some merger and acquisition activity would tighten up that loo…


Keyhole mining

A prototype of the world’s first remotely operated “keyhole” underground mining and dredging system will be built later this year in an attempt to exploit precious metals deposits in water-logged, sandy environments such as river beds and undergro…


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