Midway Gold expands Spring Valley zones (May 30, 2005)
Vancouver – Drilling by Midway Gold (MDW-V) on its Spring Valley project, in Pershing Cty., Nevada, has resulted in…
Echo Bay Mines Ltd
Nevada Pacific targets Limousine Butte (June 09, 2003)
Vancouver-based junior Nevada Pacific Gold (NPG-V) is preparing to drill-test the Resurrection Ridge zone on its 40-sq.-km Limousine Butte gold project in east-central Nevada.Resurrection Ridge is one…
Castleworth boosts Pan
Vancouver — According to a new resource estimate, Castleworth Ventures’ (WTH-V) Pan deposit in Nevada contains 467,000 oz. gold.The new figure, calculated by Reno-based Mine Development Associates, m…
Newmont predicts brighter future for gold
A year after it became the world’s largest gold miner as a result of merging with Normandy Mining and Franco-Nevada Mining, Newmont Mining (NEM-T) remains as bullish as ever about the yellow metal.Spe…
Kinross axes 75 jobs at Lupin
Kinross Gold says it will lay off 75 workers at the Lupin gold mine, 80 km south of the Arctic Circle in Nunavut.The miner posted a US$13.3-million loss in the recent quarter and says the layoffs woul…
Limousine Butte returns to Nevada Pacific
Vancouver — Junior Nevada Pacific Gold (NPG-V) has reacquired sole ownership of the Limousine Butte project in Nevada.The company picked up the remaining 50% interest it did not already own from Newm…
Newmont sees profits surge in 2002 (April 07, 2003)
Newmont Mining (NEW-N) improved its bottom line dramatically in 2002, thanks to rising gold prices and the inclusion of revenues gained though its February 2002 merger with Normandy Mining and Franco-…
TVX, Echo Bay give nod to Kinross merger
TVX Gold (TVX-T) shareholders have approved a proposed 3-way merger with Kinross Gold (K-T) and Echo Bay Mines (ECO-T).Kinross recently announced a 3-old-for-1-new-share consolidation, and T…
Russian subsidiary powers High River
High River Gold Mines’ (HRG-T) attributable gold production grew by more than 43,000 oz. in 2002, thanks to an increased stake in its Russian subsidiary, Buryatzoloto.High River boosted its position i…
Kinross jumps to senior ranks as gold soars
Although it came as no surprise, Kinross Gold made headlines over the Jan. 28-Feb. 4 report period by concluding its long-awaited 3-way merger with TVX Gold and Echo Bay Mines to become Canada’…
TVX, Kinross hampered by legal disputes
Only days before shareholders were scheduled to vote on a proposed 3-way merger, two of the companies involved, TVX Gold (TVX-T) and Kinross Gold (K-T), were facing legal disputes.TVX announced that a…
Golds rebound, base metals sink with broad market
The S&P-TSX composite index traded in a narrow range over the Jan. 15-21 report period, closing down 70.58 points at 6,740.40.The golds fared better, rising 5.7 points to 193.40. The sub-group got a p…