Eldorado bleeds US$7.5M in Q1
Vancouver — Eldorado Gold (ELD-T, EGO-X) posted a first-quarter net loss of almost US$7.5 million in 2006, reflecting a transition phase for the company as it wound down one of its mines and brought…
Gold
Gold Canyon tests high-grade targets at Springpole (May 15, 2006)
A winter drill program by Gold Canyon Resources (GCU-V, GDCRF-O) has returned bonanza grades from the Core area of the Springpole gold project in the Red Lake mining district of Ontario, while also re…
On-site exploration yields high-grade zones for Imperial
Vancouver — A spring drilling campaign by Imperial Metals (III-T, IPMLF-O) has returned encouraging results from several zones near existing pits at the wholly owned Mount Polley copper-gold mine sit…
Cross Lake lines up financing to restart QR
Vancouver — Cross Lake Minerals (CRN-T, CLKMF-O) plans a significant financing, coupled with a share consolidation, to bring its QR gold mine, 70 km southeast of Quesnel, B.C., back into production….
Seabridge regains Kerr-Sulphurets gold-copper project
After completing a drill program to test six potential copper targets, Falconbridge (FAL.LV-T, FAL-N) has opted to allow Seabridge Gold (SEA-V, SA-X) to regain 100% ownership of the Kerr-Sulphurets go…
Bema sees losses up despite higher gold output
Vancouver – Record quarterly revenues and gold production was not enough to quell the red ink for Bema Gold (BGO-T,…
HudBay’s earnings soar
Significantly higher prices for its bread-and-butter metals saw HudBay Minerals (HBM-T, HBMFF-O) more than octuple …
Agnico-Eagle’s Q1 and LaRonde II
Agnico-Eagle Mines (AEM-T, AEM-N) continues to build on its impressive assets by confirming it will go ahead with i…
Major financings continue to roll (May 11, 2006)
Vancouver – Abundant cash remains available to mineral explorers and developers in this resiliently strong resource…
Great Basin advances Burnstone
Great Basin Gold (GBG-T, GBN-X) plans to immediately get the permitting ball rolling after a recently completed fea…
AfriOre tallies Akanani
AfriOre (AFO-T) has tabled an initial inferred resource estimate for its Akanani platinum project, 25 km north of M…
Pre-feasibility gives Passendro thumbs-up
A pre-feasibility study for Axmin (AXM-V) on the Passendro gold project in the Central African Republic says a …