Franco has banner year
For a company whose principal assets are unhedged gold royalties, Franco Nevada Mining (FN-T) had an unusually good year ended March 31.The Toronto-based royalty company turned a $113.4-million profit…
Normandy Mining Limited
Franco trades mine for 20% of Normandy
A market that was plainly awaiting a merger announcement may have been nonplussed, but Franco-Nevada Mining (FN-T) has agreed to exchange the Ken Snyder mine, the Midas property and Australian assets …
Feasibility complete at Ntotoroso
Equal partners Moydow Mines International and Normandy Mining (NDY-T) have completed a feasibility study at their Ntotoroso gold property in Ghana.Prepared by Perth, Australia-based Lycopodium, the st…
TVX board shrinks as Batista walks
Flamboyant Brazilian millionaire Eike Batista is resigning as chairman, chief executive officer and director of TVX Gold (TVX-T), effective April 1.Directors Nigel Lees and Ian Rugeroni are also resig…
Record output spells profit for Normandy
Australia’s largest gold producer, Normandy Mining (NDY-T), turned a profit of A$62.6 million (US$34.7 million), or A3.5 per share, for the six months ended Dec. 31, 2000, on the back of 1.1 million …
Ntotoroso resource grows
Drilling by partners Moydow Mines International (MOY-T) and Normandy Mining (NDY-T) at their Ntotoroso gold property in western Ghana has expanded the resource beyond 2 million oz.Resources now stand …
Gold Fields inks JV deal Down Under
South African producer Gold Fields (GOLD-Q) has formed a joint venture with Tanami Gold to explore the Solitaire project in Australia’s Northern Territory.Gold Fields can earn an initial 25% interest …
Moydow, Normandy test Ntotoroso’s zone E
Partners Moydow Mines International (MOY-T) and Normandy Mining (NDY-T) have wrapped up a program of infill drilling at their Ntotoroso gold property in northwestern Ghana’s Sefwi gold belt.The US$1-m…
Companies (November 29, 1999)
AMT International MiningAnglo AmericanAnglogoldAnooraq ResourcesBema GoldCancor MinesChannel ResourcesChief Consolidated MiningComaplex MineralsConquistador MinesCorner Bay MineralsCumberland Resource…
Companies (November 22, 1999)
Archangel DiamondAsarcoAtna Res.Aur Res.Banff Res.Broken Hill Pty.CambiorCampbell Res.Canmine Res.Channel Res.Claude Res.Coeur d’Alene MinesCyprus AmaxDe Beers Cons. MinesDia Met MineralsEcho Bay Mine…
Moydow funds exploration
To finance exploration of its Ghanaian gold assets, junior Moydow Mines International (MOY-T) is raising $5 million via a private placement.The financing, brokered by Loewen, Ondaatje, McCutcheon, wil…
PacMin advances Aussie gold project to feasibility
In advancing the Carosue Dam gold project to feasibility, Teck’s (TEK-T) Australian subsidiary, PacMin Mining (pml), is using the experience gained from its Tarmoola mine operations to control operati…