News

Cusac develops Table Mountain

Cusac Gold Mines (CQC-V) intends to use the proceeds of a recent $3-million financing to bring its wholly owned Table Mountain gold mine back into production this spring. The fully permitted mine, which had been on care-and-main…


Taseko aims for Gibraltar restart

The Gibraltar mine has a new lease on life now that Taseko Mines (TKO-V) has 100% control of all the elements needed to restart the dormant copper mine near Williams Lake, B.C.


Imperial discovery lifts Mount Polley

Imperial Metals (III-T) expects to release an updated reserve/resource statement soon for its wholly owned Mount Polley copper-gold project in central British Columbia.


Correction (April 26, 2004)

In our March 26-April 1 issue, we incorrectly attributed an article titled “Funding for the responsible” to Abigail Tamakloe. The article was written by Rashad Kaldany, director of the Oil, Gas, Mining & Chemicals Department of the World Bank Grou…


Lowering the flag

The announcement by N.M. Rothschild & Sons, the London banking firm that has presided over the daily gold price fix since 1919, that it would withdraw from the bullion and commodity trading business in London, has shocked some in the gold business…






Chile to levy charge on mining companies

Chile will impose a charge on mining companies operating there in an effort to ensure that the country receives more benefits from its mineral wealth. The charge will be tied to companies’ sales and take into account their profits.


Gold could move higher

Economic and political instability could push gold to US$450 per oz. this year, according to a survey by London-based Gold Fields Mineral Services (GFMS).


US mining laws among most stringent

I am disappointed that your editorial staff would let slip a statement continuing the fallacious concept that U.S. mining law has remained unchanged for over a century (T.N.M., April 2-8/04).


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