A depressed rough diamond market has given De Beers cause to push back production from the Snap Lake underground diamond project in Canada’s Far North until 2006, more than a year longer than was orig…
Vancouver — Australian-based Anaconda Nickel continues to suffer financial woes, having posted a A$76-million loss for the second half of 2000.The loss is considerably greater than the A$6.7 million …
Denver — Nearly a week after the terrorist attacks on New York City and Washington D.C., trading resumed in a strongly negative fashion. The Dow Jones industrial average plunged 702.11 points, or 7.3…
Denver — Bombing of the World Trade Center in New York on Sept. 11 halted trading among financial markets already battered by bad economic news. The Dow Jones industrial average fell 391.98 points (4…
Moving to expand and diversify its gold portfolio, AngloGold (AU-N) has launched an all-share bid to acquire Normandy Mining (NDY-T), Australia’s largest gold miner.Creating what it describes as the “…
Denver — Growing market pessimism pushed the Dow Jones industrial average below the 10,000 mark, down 224.54 points, or 2.2%, to 9997.49 points during the report period ended Sept. 4. The Nasdaq drop…
Vancouver — Despite an increase in production, Pan American Silver (PAA-T) suffered a loss in the second quarter, reflecting a 26-year low for silver prices.The company posted a net loss of US$2.8 mi…
Pan American Silver (PAA-T) has optioned a portion of its Huaron property in Peru’s Cerro de Pasco district to South African major Anglo American (AAUK-Q).The agreement covers 30,000 ha of the norther…
Having sunk an additional 16,000 metres, Pacific North West Capital (PFN-T) is proceeding with an independent resource estimate of the Dana Lake zone at the River Valley project in northern Ontario.De…
Vancouver — Diamondex Resources (DSP-V) is stepping up the pace of exploration at its wholly owned King property in the Northwest Territories.The junior is drilling holes 4 and 5 as part of a $2.7-mi…
Vancouver — Despite having all the earmarks of a significant find at its Boyongan copper-gold prospect on the island of Mindanao in the Philippines, shares of Philex Gold (PGI-V) headed lower followi…
An increase in resources at the Tati nickel operations has prompted owners Anglo American (AAUK-Q) and Lionore Mining International (LIM-T) to budget US$1 million for follow-up exploration.Tati compri…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.