Eldorado takes Kisladag to the bank
Usak, Turkey — Once a curious anomaly, Kisladag has grown into a major deposit that promises to propel Eldorado Gold (ELD-T) to the rank of mid-tier producer by 2005.Situated a short drive from this …
Gold Fields Limited
US markets have tough week
If the U.S. equity markets were indeed beginning a bullish phase, then the trading period June 18-24 was another slide down the wall of worry. The Dow Jones industrial average gave back 213.17 points,…
Gold Fields inks deal with Mvelaphanda
Gold Fields (GFI-N) has agreed to sell a 15% stake in its South African gold mining assets to Mvelaphanda Resources, a black economic empowerment group led by Mvela Resources, for R4.1 billion (US$514…
Golds survive rocky week
Despite gold prices tumbling more than US$10 per oz. over the period, the U.S.-listed gold miners managed to hang on and end the week in positive territory.Among the gold majors: Newmont Mining jumped…
Gold Fields tags hot holes at Radius’s Guapinol property
Vancouver — Impressive drill results continue to roll in from Radius Explorations’ (RDU-V) ground in Guatemala. The latest batch came from partner Gold Fields (GFI-N) on the Poza Del Coyote target on…
Bondi results warrant follow-up
Orezone Resources (ORZ-T) says results from reverse-circulation drilling on the Bondi gold property in Burkina Faso have exceeded expectations.The 2,250-metre, 31-hole program targeted a portion of a …
Simmons to manage PDAC’s E3 program
The Prospectors & Developers Association of Canada (PDAC) has appointed Barry Simmons as project manager of E3 (Environmental Excellence in Exploration), an online guide to environmental practice in m…
Yandal deadline passes
Newmont Mining has had partial success sorting out the financial problems at its Yandal gold subsidiary in Australia.On March 27, Newmont brashly gave its hedging counterparties and its noteholders at…
Golds add spice to stale market
Vancouver — Canada’s junior exchange maintained its rally over the week ended June 3 as investors nibbled on select gold-related issues. The S&P-TSX Venture Exchange composite index tacked on 5.84 po…
LionOre’s bottom line bolstered
Vancouver — A stellar performance by the Australian operations LionOre Mining International (LIM-T) catapulted the nickel and gold miner to a profitable first quarter.The company earned US$9.1 millio…
Base metal miners advance
Buoyed by renewed strength in base metals prices, particularly in the nickel market, most of the base metal majors made gains during the report period ended May 27.Pechiney eased up 4 to US$14.05 as …
New gold trusts launched
With gold prices on the rise, several gold-bullion investment vehicles are sprouting up in Canada, the U.S. and Australia.In Canada, the managers behind North America’s only publicly traded bullion fu…