News

Vancouver — Escalating costs coupled with currency fluctuations pushed Bema Gold (BGO-T) deeper into the red in 2004….

Platinum producer Lonmin (LMI-L) has stepped in as a bidder for Southern Platinum (SPC-T), offering $2.66 per share to take over the junior miner….

An option agreement between General Minerals (GNM-T) and the Chilean subsidiary of Phelps Dodge (PD-N) allows Phelps Dodge to earn a 72% interest in the Escalones…

Vancouver — Lumina Copper‘s (LCC-T) planned corporate restructuring, which will result in the creation of four new companies, has been altered. One of the proposed new entities has…

Vancouver — By mid-June, Sherwood Mining (SWM-V) expects to take possession of the advanced Minto copper-gold mine project, 240 km northwest of Whitehorse, Y.T….

Augusta Res. — Gil Clausen appointed president, CEO and director effective April 18….

Vancouver — Robust coal prices pushed Hillsborough Resources (HLB-T) into the black for both the last quarter of 2004 and the entire year. The Vancouver-based company earned $1.8 m…

International Uranium (IUC-T) has begun processing uranium-bearing waste material at its 2,000-ton-per-day White Mesa mill in southeastern Utah….

Vancouver — Lower production and higher costs at the Sao Bento mine in Brazil contributed to a loss for Eldorado Gold (ELD-T) in 2004. The company posted a US$14-million loss (US5…