News

PDAC President William Mercer presents the Bill Dennis Prospector of the Year award to Alex Davidson, senior vice-president of exploration with Barrick Gold.

Higher gold price adds pizzazz to PDAC convention

Consolidation, sustainability, and the allure of the mysterious East: the 71st annual convention of the Prospectors & Developers Association of Canada (PDAC) did not want for themes.It seems gold is n…






Goldcorp buys into Planet

Goldcorp (G-T) has taken an 8.7% equity stake in Planet Exploration (PXI-V).Via a private placement, the gold producer purchased 1 million units of the junior at 50 apiece. A unit consists of one sha…



Debt-free Eldorado lands in black

Vancouver — With higher gold prices and production back to normal at the Sao Bento mine in Brazil, Eldorado Gold (ELD-T) posted a US$2.1-million profit for 2002.After raising US$48 million last year,…


Wolfden cuts high grade at East Bay

Vancouver — The first four holes of an ongoing, 10,000-metre drill program on the East Bay property in northwestern Ontario have returned encouraging values.Partners Wolfden Resources (YWO-V) and Pla…


Southwestern bullish on Chinese gold project

Vancouver — Southwestern Resources (SWG-T) has tabled encouraging assay results from the first drill hole at its Boka gold project in the Yunnan province of China.Drill hole B02-01 was drilled in the…


Yukon placer miners fight back (March 17, 2003)

Vancouver — A decision by the Federal Department of Fisheries and Oceans (DFO) to phase out placer mining in the Yukon has prompted a general strike in Dawson City.Local businesses shut down from 10 …


Towards sustainable mining

“The return on investment from aggressively improving company-wide sustainable development knowledge and initiatives can make other traditional investment initiatives seem trivial.”– Bob Willard, The…


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