Barrick’s 2001 post-merger output on target
Barrick Gold (ABX-T) met its 2001 production target with output of 6.1 million oz. gold at US$162 per oz.The world’s biggest gold miner in terms of market capitalization, which recently merged with Ho…
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Inmet gets $88m in Troilus case (January 21, 2002)
A British Columbia court has awarded $88.2 million to Inmet Mining (IMN-T) for breach of contract in the aborted sale of the Troilus gold mine in north-central Quebec.The decision is against Homestake…
Homestake shareholders OK Barrick merger
In mid-December, shareholders of Homestake Mining (HM-N) gathered in Walnut Creek, Calif., for the final meeting in the company’s 124-year history and overwhelmingly approved merging with Barrick Gold…
Altius options Rambler property
Altius Minerals (ALS-V) has reached an agreement with privately held Ming Minerals to acquire the northern portion of the past-producing Rambler copper-gold mine in Newfoundland’s Baie Verte Peninsula…
US markets continue to slide
Denver — The Dow Jones industrial average sank another 243.43 points, or 2.7%, to 8,659.64 during the report period ended Sept. 25 — its lowest level in four years. The Nasdaq settled at 1501.64.The…
Nuinsco, Niocan pick up Quebec mining awar
The Quebec Prospectors Association recently handed out industry awards at its 25th annual meeting, held in Rouyn-Noranda, Que.Douglas Hume, president of Nuinsco, and prospectors Pierre Gervais and Edo…
Skyline funds program
Denver-based Royal Gold (RGLD-Q) will finance underground exploration on the Bronson Slope High claims of International Skyline Gold (SK-V). The claims are in the Iskut River region of northwestern Br…
Vancouver star of Cordilleran Roundup
A technical session on diamonds, sponsored by De Beers Consolidated Mines, and an overview of volcanogenic massive sulphide (VMS) and carbonate-hosted polymetallic deposits in Mexico are but a few of …
Careers (January 11, 1999)
Wabush Mines has immediate openings at the site of its open pit and ore dressing complex in Wabush, Labrador, for the following:Mechanical Coordinator (Concentrator)Reporting to the Section Manager, C…
Inmet suspends mining at Winston Lake — Reserves to be recalculated during 3-month review period
With zinc prices remaining low and a newly developed ore zone failing to live up to expectations, Inmet Mining (IMN-T) is suspending operations at its troubled Winston Lake zinc-copper mine on the nor…
Prime accepts Homestake offer
Shareholders of Prime Resources Group (PRU-T) have accepted Homestake Mining’s (HM-N) offer to acquire the 49.9% of Prime it does not already own.Homestake Chairman Jack Thompson says the transaction …
Prime hits silver at Corey
Prime Resources Group (PRU-T) has encountered a narrow interval of high-grade silver mineralization at the Corey property, held by Kenrich Mining (KRC-V) in northeastern British Columbia.The hole, whi…