News

Annual Aussie talkfest starts with a bang

Kalgoorlie, Australia — While the August weather may have been chilly, the kick-off of the 11th annual Diggers & Dealers mining conference in Western Australia provided some heat for the record 1,200…


The Rajo Infierno pit is one of five dotting the Quebrada Orito zone at El Peon, northern Chile.

Grade still rocks at Meridian’s El Peon

Antofagasta, Chile — With just over three years of high-grade reserves left at El Peon, Meridian Gold (MNG-T) is eagerly searching for more of the material that has helped make the operation among t…


Yamana gains control of Brazilian gold mine

Vancouver — Spokane-based Yamana Gold (YRI-T) (formerly Yamana Resources) has assumed operatorship at its newly acquired Fazenda Brasileiro gold mine in northeastern Brazil.Last month Yamana paid Com…



Prospector George Harkin examines drill core the from Expo-Ungava property in northern Quebec. The drill program was financed in part by issuing 1.05 million flow-through units in February.

Flow-through funds jump start juniors

Vancouver — Taking advantage of one of the last remaining officially sanctioned tax incentives in Canada, mineral exploration companies listed on the TSX Venture Exchange raised $41.1 million in flow…




Outokumpu swaps assets with Boliden

An asset-swap deal between Scandinavian metal producers Outokumpu of Finland and Boliden (BLS-T) of Sweden will move almost all Outokumpu’s remaining mining assets to Boliden.The exchange will give Ou…


Bank on the future

Global Economic Prospects, the annual compilation of economic forecasts made by the World Bank, is out, and the economists have good news and bad news for the mineral industries.The good news is that …


LME Warehouse Levels (September 15, 2003)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 9 (change from Sept. 2 in brackets):MetalStock(tonnes)ChangeAluminium1344100(-3…


Bema drills Kupol (September 15, 2003)

Vancouver — Impressive drill results continue to roll in from the Kupol gold property in Russia’s Far East region.So far, operator Bema Gold (BGO-T) has put down 130 holes comprising 17,052 metres of…


Tan Range’s Sinclair on gold

Commenting on one of his favourite topics, the gold market, Tan Range Exploration (TNX-T) Chairman James Sinclair has stated that, like any other investment sector, gold has its detractors but it rema…


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