News

China has told gold producers to increase output and meet state quotas to ensure an annual growth rate of 10%, Agence France Presse reports from Beijing. The nation’s gold reserves have been affected …

Deep drilling at the Golden Kopje gold mine property in Zimbabwe has outlined potential new reserves, Falconbridge Gold (TSE) reports. The current phase includes five holes on surface and two undergro…

Carl Zuber appointed chairman of the board and managing director; Jay Sujir appointed director. N5…

Hugh Maddin and Peter Barton elected directors. N5…

David Dahl appointed president and director; Adrienne Abney and Allan Wright appointed directors. N5…

Richard Addison appointed director.

BGR Central Net Value $13.81 $6.41 Price $12.00 $6.625 Discount 13.12% 3.4% Value $77,366,000 $119,907,863…

Continuing losses have prompted Southern Copper (VSE) to close its 70%-owned Oracle Ridge copper mine in Arizona until mid-October. The company plans to review all aspects of the mill to consider poss…

Clynton Nauman appointed general manager, Spring Creek Coal Co. N5…

Having drilled only half of an 11,000-ft. program, Asarco (NYSE) has dropped its option on the Southern Cross property in Montana. It had the right to earn a 60% interest from owner International Maho…

The Bakyrchik gold mine in northeastern Kazakhstan has a new investor. Bakyrchik Gold PLC, created by Minproc Holdings of Australia and Chilewich International of New York, has acquired a 40% interest…

A limited production run is planned at the Johnny Mountain gold mine in northwestern British Columbia. International Skyline Gold (TSE) expects to mine and mill about 20,000 tons of material grading 0…