Goldcorp coasts at Red Lake
GoldCorp (G-T) has revised its production forecast for the Red Lake gold mine after cranking out more bullion than…
News
Phelps Dodge takes loss in quarter (July 25, 2002)
Copper producer Phelps Dodge (PD-N) lost money in the three months ended June 30, but was able to reduce operating…
Barrick up US$59m this quarter
Second-quarter earnings by Barrick Gold (ABX-T) were steady at US$59 million, as the company completed its first si…
Trading Summary (July 24, 2002)
A day of heavy trading ended in a rally for the Toronto Stock Exchange Wednesday, with the TSX Composite index jump…
Collahuasi, Lomas Bayas firm up Falco earnings (July 24, 2002)
Higher sales volumes combined with newfound production from the Lomas Bayas mine in Chile to keep Falconbridge (FL-…
Pyhasalmi a moneymaker for Inmet
In spite of low prices for zinc and copper, Inmet Mining (IMN-T) saw good operating performance from its two copper…
Andean American expands in Peru (July 24, 2002)
Vancouver — Andean American Mining (AAG-V) reports that exploration is in full swing at its recently expanded Sant…
Golds bleed and bleed
Gold stocks were absolutely slaughtered today as gold prices nosedived US$11 to the US$312-per-oz. range between 11…
Inco takes US$1.6-billion Voisey’s writedown, sells 25% of Goro
Finally facing the inevitable, Inco (N-T) today wrote down the carrying value of the Voisey’s Bay nickel project in…
Teck Unplugged: plunging power profits take their toll
Vancouver — The second quarter of 2002 was not a good one for the world’s largest zinc producer as low commodity p…
Positive drill intercepts expand Turquoise Hill
Vancouver — Ivanhoe Mines’ (IVN-T) ongoing drilling campaign at the Turquoise Hill (Oyu Tolgoi) project in Mongoli…
Cambior still losing money (July 23, 2002)
Hampered by falling gold production, heavily hedged gold miner Cambior (CBJ-T) turned in another loss during the se…