Buena takes out a quarter of its hedge book
Minas Buenaventura (BVN-N) has bought back contracts for about a quarter of its hedge book, in a deal worth US$145 …
Gold
The revival of mining in the Solomon Islands
At the end of the 1990s the Gold Ridge mine was synonymous with mining in the Solomon Islands. The project then h…
NovaGold gets Alaska permit boost
Vancouver — NovaGold Resources (NG-T, NG-X) says the U.S. government is reinstating a key permit for its Rock Creek gold mine in Alaska, a project that the company hopes to have in production by the …
GPJ, Goldcorp see higher 2007 production, costs
Vancouver — Canada’s second-largest gold producer, Goldcorp (G-T, GG-N), expects to produce 2.6 million oz. of the yellow metal in 2007, assuming that the planned sale of its Peak mine in Australia a…
Quadra rolls out 2006 profit
Vancouver — Improved performance at its flagship Robinson copper-gold mine near Ely, Nev., propelled Quadra Mining (QUA-T, QADMF-O) to deliver net earnings of US$54.7 million in last year’s final qua…
Goldbelt to grab Barrick’s West African assets
Vancouver — Goldbelt Resources (GLD-V, GLDRF-O) has entered an agreement to acquire all the exploration assets of Barrick Gold (ABX-T, ABX-N) in the West African countries of Burkina Faso, Mali and G…
PDAC award latest for Rebagliatis
Vancouver — When Ross Rebagliati won the first Olympic Gold medal for snowboarding in Nagano back in 1998, he was merely showing a competitive streak that appears to run in his family.
Louvem, Richmont short on gold production in 2006
The Beaufor gold mine, near Val d’Or, Que., was a disappointment in 2006 for both of its 50-50 joint- venture owners, Louvem Mines (LOV-V) and Richmont Mines (RIC-T, RIC-X).
Barrick brings Ruby Hill back to life (March 12, 2007)
Following a successful restart of operations, Barrick Gold’s (ABX-T, ABX-N) Ruby Hill mine in Nevada poured its first gold in February.
Wesdome breaking even (March 12, 2007)
Wesdome Gold Mines (WDO-T, WDOFF-O) was a little short on production in 2006 at its Kiena gold mine in Val d’Or, Que., but the future is looking up with the surprise discovery of an extension of the S…
Silver Eagle launches Miguel Auza
Vancouver — With a number of political dignitaries in attend- ance, Silver Eagle Mines (SEG-T, SVEGF-O) recently celebrated the start of operations at its Miguel Auza mine in Zacatecas state, Mexico.
Glencairn to convert Libertad to mill
Poor metallurgical recoveries at the Libertad gold mine in Nicaragua have convinced Glencairn Gold (GGG-T, GLE-X) that it is time to go big or go home.