2004

Banks renew Washington agreement

European central banks announced earlier this month that they would continue to limit the sale of their gold, while increasing the limit slightly.



Some capital news Washington Agreement

It was good news for the gold industry that the European Central Bank and its member central banks, plus the Swiss and Swedish central banks, renewed the Central Bank Gold Agreement. It wasn’t, however, an enormous surprise.


Doe Run to close plant

Doe Run Co. intends to shut down its lead smelter in Herculaneum, Mo., for two weeks in late April/early May to replace ventilation ducts on its furnaces.


Miners dodge market slide

A generally poor report period for U.S. equity markets didn’t extend to the mining stocks, which were mostly higher over the five trading days March 17-23 as the Dow Jones industrial average and the S&P 500 index both fell slightly more than 1%.


JQA extended 100 metres

Drilling by Canarc Resource (CCM-T) at the Benzdorp property in Suriname has extended the known length of the JQA gold-copper stockwork by a further 100 metres.



Canadian Stock Exchange Indices (March 29, 2004)


Chinese metal demand accelerates

Yet again defying consensus predictions of a slowdown, metals demand appears to have accelerated in the first two months of 2004.


Juniors eye prospects in Mongolia

Two unrelated junior companies from the eastern and western shores of Canada are heading to Mongolia to explore their newly acquired mineral properties.


Tensions drive safe-haven investments

Vancouver — Terrorist retaliation fears against the U.S. over Israel’s shocking assassination of Hamas’s spiritual leader, Sheikh Ahmed Yassin, helped fuel bond and bullion prices over the week ended March 23. The TSX Venture Exchange S&P composi…


Wayside clarifies scoping study

A review by the British Columbia Securities Commission has prompted International Wayside Gold Mines (IWA-V) to clarify previous technical disclosures relating to its Cow Mountain and Bonanza Ledge gold properties in the provinc…


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