Strike looms over Yanacocha (May 08, 2006)
Roughly two weeks after a group of workers at Latin America’s biggest mine returned to work, miners at Peru’s Yanacocha gold mine are threatening to walk off the site again….
Gold
Continental to take over Great China (May 08, 2006)
A friendly deal to take over Great China Mining (GCHA-O) will see Hunter-Dickinson company Continental Minerals (KMK-V, KMKCF-O) trade one of its shares for 8.7843 Great China shares. The bid, under w…
Midway tables preliminary Spring Valley number (May 08, 2006)
AMEC E&C Services has pinned down a preliminary resource estimate for Midway Gold’s (MDW-V, MDWGF-O) developing Spring Valley project, in Pershing Cty., Nev….
Mosquito finds mutiple metals at Pine Tree
Vancouver — Drilling by Mosquito Consolidated Gold Mines (MSQ-V, MQCMF-O) on its Pine Tree project, in central Nevada, has turned up wide, multi-element mineralized intercepts….
Eldorado bleeds US$7.5 million in Q1
Vancouver – During its transition phase of winding down one mine and bringing two others into production, Eldorado …
South Deep skip plunges 1.6 km
An investigation is underway at the South Deep underground gold mine in South Africa, after a loaded skip broke fre…
AngloGold loses revenue despite higher gold price
Despite the average price of gold being 14% higher for the first quarter than it was for the fourth quarter of 2005…
Maxy Gold selling Niukong to Chinese group (May 05, 2006)
Vancouver – China-focused junior explorer Maxy Gold (MXD-V) is offloading its Niukong gold project, part of the Luc…
Banro closes financing
Banro (BAA-T, BAA-X) announced the closing of financing that will see roughly 4 million common shares issued at a p…
Teck Cominco backs in on Fronteer’s Turkish projects
Vancouver – Teck Cominco (TEK.SV.B-T) has elected to exercise its back in option on Fronteer Development Group’s (F…
Orezone takes a small interest in Ghana
Orezone Resources (OZN-T, OZN-A) is getting into gold exploration in Ghana via its newly acquired stake in Vancouve…
Cambior production slides
The sale of some investments helped offset lower gold production, and helped Cambior (CBJ-T, CBJ-X) post increased …