Placer updates Cerro Casale resource
Placer Dome (PDG-T) has boosted the geological resource estimate of the Cerro Casale deposit in northern Chile.Situated on the Aldebaran property, 250 km southeast of Copiapo, the deposit now has a me…
Bema Gold Corporation
El Callao boosts resource
El Callao Mining (ECM-V) has increased by half a million ounces the overall resource estimate at its Lo Increible gold property in Venezuela.Indicated and inferred resources from six deposits now tota…
Partners find new zone at Dubenski gold property
Avalon Ventures (AVL-V) and Consolidated Westview Resource (CWS-V) have discovered a new gold zone on the East Cedartree portion of their joint-ventured Dubenski project near Kenora, Ont.As part of an…
Companies (December 14, 1998)
Agnico-Eagle MinesAkrokeri-Ashanti Gold MinesAlmaden ResourcesAltius MineralsAmbrex MiningAmerican GemAnglogoldArgentina GoldAsia Pacific ResourcesAuspex MineralsAvalon VenturesBarrick Gold…
EXPLORATION — General Minerals advances Escalones
Following delays caused by heavy snowfall in 1997, General Minerals (GNM-T) has begun drilling its Escalones copper-gold project, 97 km east of this capital city.The mountainous property (which means …
Companies (November 23, 1998)
Aber ResourcesAfriOreAllican ResourcesAnzex ResourcesArgent ResourcesAshanti GoldfieldsBarrick GoldBema GoldBlack Hawk MiningBlack Swan Gold MinesBolidenBotswana DiamondfieldsCalliope Meta…
Refugio mine covers Bema in red ink — But production levels, cash costs show signs of improvement
Lower-than-planned production at the Refugio gold mine in northern Chile contributed to a third-quarter loss for Bema Gold (BGO-T).The company posted a loss of US$6.8 million (or 6 cents per share) on…
Placer Dome bucks trend by posting strong earnings — Cortez, Granny Smith mines among most impressive performers
Sustained cost reduction, higher gold production and strong hedging revenues resulted in a strong third quarter for Placer Dome (PDG-T).Net earnings for the three months ended Sept. 30 were US$33 mill…
Companies (November 09, 1998)
American CopperAnglogoldAntares Mining & ExplorationAnzex ResourcesAranlee ResourcesArgentina GoldArizona Star ResourceAscot ResourcesBalaclava MinesBarrick GoldBattle Mountain GoldBema GoldBlack Hawk…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Producers focus on cost-cutting in absence of gold rally
A year ago, mining companies talked mostly about their expanding reserves and resources. At the recent Mining Investment Forum in Denver, gold producers were grilled by mining analysts and fund manage…
Companies (November 02, 1998)
Agnico-EagleAmerican CopperAnglogoldArgentina GoldAur ResourcesAurogin ResBarrick GoldBattle Mtn GldBema GoldBirim GoldfieldsCanspar ResComaplex MinComincoCopper RidgeCopperquestCornucop…
Magadan, firms set exploration budgets
The regional government of Magadan in northeastern Russia has budgeted $14 million for the exploration of new gold deposits in 1999.The government intends to spend $11.4 million in the search for hard…