Agnico-Eagle expands as costs fall
Agnico-Eagle Mines (AEM-T, AEM-N) continues to build on its impressive assets with the announcement that it will go ahead with its LaRonde II project in northwestern Quebec….
News
South Deep production halved for up to a year (May 29, 2006)
After a recent accident that could halve production from Johannesburg-listed Western Areas’ (WARSF-O) 50%-owned South Deep gold mine in South Africa for up to a year, the company plans to sell shares…
Goldcorp ready to develop Canada’s newest gold camp
Vancouver — With grades and production starting to slip at the Red Lake gold mine in northwestern Ontario, Goldcorp (G-T, GG-N) is stepping up the pace of exploration at its newly acquired lonore g…
Andean American alone at Invicta
Vancouver — Junior gold producer Andean American Mining (AAG-V, ANMCF-O) will advance its Invicta gold project, in west-central Peru, on its own, following notice that Barrick Gold (ABX-T, ABX-N) wil…
Great Basin heats up Burnstone
Great Basin Gold (GBG-T, GBN-X) plans to immediately get the permitting ball rolling after a recent feasibility study concluded that a 1.5-million-tonne per year underground mine could be supported at…
Strike prunes a week from Cambior’s Rosebel
Workers have returned to their posts at Cambior’s (CBJ-T, CBJ-X) flagship Rosebel open-pit gold mine in Suriname following an agreement with the union….
Lincoln, Golden Odyssey team in Cortez trend
Nevada-based explorer Lincoln Gold (LGCP-O) has optioned its JDS property in Eureka Cty., Nev., to Golden Odyssey Exploration (GOE-V, GODYF-O)….
Daily Metal Prices (May 29, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Managing Pogo’s tailings: the 1% solution
Nestled in the delicate Alaska wilderness, the Pogo gold mine project posed major challenges in terms of designing a tailings system that would have a small footprint….
Barrick takes stake in Midway Gold (May 29, 2006)
Vancouver — In what has become an increasingly common strategy among majors, Barrick Gold (ABX-T, ABX-N) will participate in a financing by Nevada-focused explorer Midway Gold (MDW-V, MDWGF-O)….
Spot Prices Courtesy of Scotiabank (May 29, 2006)
Tuesday, May 23, 2006…
Nevsun ships gold from Tabakoto
Vancouver — The first shipment of gold produced from the commissioning phase of the Tabakoto open-pit mine in Mali, West Africa, has elevated Nevsun Resources (NSU-T) to the ranks of junior gold prod…