As an exploration and mining geologist, I am very uneasy with the image projected by the editorial “Challenging geostatistics” and the feature “Recent history reveals trends in mine failures,” which t…
A year ago, mining companies talked mostly about their expanding reserves and resources. At the recent Mining Investment Forum in Denver, gold producers were grilled by mining analysts and fund manage…
Modifications to the Sao Bento mine in eastern Brazil have enabled Eldorado Gold (ELD-V) to reduced overall cash operating costs in the third quarter.The company’s cash costs were slashed by 18%, to U…
Robert M. Smith, a mining engineer who was often described as “the soul” of Barrick Gold, died Oct. 27 in a Toronto hospital from complications resulting from surgery. He was 66.While Chairman Peter M…
Gold Funds as of October 22, 1998BGRCentralNet Value$14.035.97Price$10.60…
The claim dispute between Saskatchewan steel producer Ipsco (IPS-T) and junior explorer Copperquest (COPQ-C) continues, with accusations that Ipsco was provided advance information that the disputed a…
Diavik Diamond Mines Inc.
Warner Ventures (WVL-V) has changed its name to Copper Ridge Explorations (KRX-V) on a 1-new-for-4-old-share basis.
Our Insider Trading report of Sept. 28 reported that Comaplex Minerals (CMF-T) had bought 10,000 shares in Cumberland Resources (CBD-T) at $1.50 to hold 1,616,400 shares.The transaction did take place…
Exploration budgets for 1998 have dropped dramatically following the decade’s peak of US$5.1 billion in 1997, according to a report penned by Halifax, N.S.-based Metals Economics Group (MEG).Total exp…
In 1996, the Prospectors and Developers Association of Canada and the Mining Association of Canada responded jointly to the Endangered Species Bill, C-65. And their objections were sufficiently strong…
During the report period ended Oct. 27, the Dow Jones industrial average slowed its pace, having posted heavy gains in the previous week. The Dow slipped 139.81 points, or 1.6%, to close at 8,366.04.M…
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