Newmont profits rise along with production costs
Vancouver – Un-hedged producer Newmont Mining (NEM-N, NMC-T) realized a gold price of US$555 per oz. on sales of 1…
Gold
Barrick exercises back-in right at Pinson (April 24, 2006)
Some good drilling results and the discovery of a new, high-grade gold zone on the Pinson property being explored by Atna Resources (Atn-T, ATNAF-O) in Nevada has caught the eye of Barrick Gold (ABX-T…
Bema finds keys to Kupol
Capital cost to develop Kupol – US$470 million…
Varvarinskoye advances
Vancouver — Despite winter weather constraints and a change in project engineers, European Minerals (EPM-T, EPMCF-O, EUM-L) is on track with development of its Varvarinskoye open-pit gold-copper proj…
Editorial: Gold cruises past US$600
The generational bull market for metals slipped into high gear in mid-April, with prices surging higher for gold, silver, platinum, copper, nickel and zinc….
Rosia Montana EIA received (April 24, 2006)
Gabriel Resources (GBU-T, GBRRF-O) has taken delivery of an independent environmental impact assessment (EIA) of its 80%-owned Rosia Montana gold project in Transylvania, Romania….
European Goldfields moves to feasibility at Certej
Vancouver — By year-end 2006, European Goldfields (EGU-T, EGFDF-O) expects to have a final feasibility study in hand for its 80%-owned Certej gold-silver project in Romania’s southern Apuseni Mountai…
Oxus buoyed by Uzbek operations
Despite difficulties at its Kyrgyz development project, London-based Oxus Gold (oxusf-o, oxs-l) has been buoyed by operating success at its Amantaytau gold operations in Uzbekistan….
High River aims for 2007 startup at Berezitovy
It’s been a long time coming, but Toronto-based High River Gold Mines (HRG-T, HRIVF-O) is finally on the verge of securing project financing that will vault the junior into mid-tier producer status ne…
NovaGold bids for power
Vancouver — Development aspirations for its large Galore Creek copper-gold project, in northwestern British Columbia, have prompted NovaGold Resources (NG-T, NG-X) to launch a takeover bid for area h…
Canyon loses another round in battle over Seven-up Pete
Vancouver — A district court in Montana has dismissed a complaint by Canyon Resources (CAU-X) for a federal “takings” claim by the company-led Seven-Up Pete joint venture, which had sought to develop…
Cross Lake aims to revive QR mine
Vancouver — An independent feasibility study commissioned by Cross Lake Minerals (CRN-T, CLKMF-O) has concluded that the past-producing QR gold mine near Quesnel, B.C., could be placed back into prod…