Newmont breaks record in quarter
Newmont Gold (ngc-n) is the first North American gold producer to have produced 1 million oz. in one 3-month period.During the second quarter, the company produced 1.03 million oz. It is now working t…
Northland Resources S.A.
THE GLOBAL SEARCH FOR GOLD SPECIAL — Junior companies converge on West African prospects
The political and economic reforms sweeping the African continent continue to attract an increasing number of North American gold exploration companies.The yellow metal has been mined in West Africa f…
INVESTMENT COMMENTARY — Imperial’s potential renders Glamis a buy
The strength and potential of its assets in California bode well for Glamis Gold (GLG-T), according to Brian Christie, a mining analyst at brokerage house Canaccord Capital.A low-cost North American g…
Gold Institute sets new standard for the reporting of costs related to gold production
The gold mining industry has adopted a uniform format for reporting production costs on a per-ounce basis.The voluntary standard, which was developed by the Gold Institute and a committee of North Ame…
Result will be continent’s fifth-largest gold producer — Hemlo joins Battle Mountain in latest merger
Merger mania appears to be gripping the mining industry. In addition to the proposed marriages of Diamond Fields (TSE) with Falconbridge (TSE) and Eldorado (TSE) with Gencor, two middle-tier North Ame…
INVESTMENT COMMENTARY — Kemess acquisition viewed as attractive for Royal Oak
Two investment houses have rated Royal Oak Mines (TSE) as a “buy,” based on the company’s recent acquisitions and the settlement the company has reached with the government of British Columbia for com…
Santa Fe drills Duquesne West play in Quebec
Two zones of gold mineralization have been outlined on the Duquesne West property near Rouyn-Noranda, Que.Limited drilling on the deep Fox zone enabled Globex Mining Enterprises (ME) to calculate a pr…
INVESTMENT COMMENTARY — Kinross takes a breather
By purchasing underdeveloped assets and realizing their full potential, Kinross Gold (TSE) has become one of the fastest-growing North American gold producers. Indeed, the company seems poised to join…
EDITORIAL PAGE — Reducing risk through hedging
Mining is a risky business.Sometimes the risk takes the form of an operational surprise. In other instances, it may be an exciting drill hole that turns up empty. Still other risks include volatile me…