Merger trio almost in black
Two of the three mid-tier gold producers planning a friendly merger made money in the third quarter of 2002, but the biggest, Kinross Gold (K-T), is still in the red.Echo Bay Mines (ECO-T) made US$3.7…
Musselwhite Mine
TVX posts improved earnings (August 26, 2002)
Buoyed by a higher gold price and a US$1.2-million gain on the sale of its residual interest in the Casa Berardi mine in northwestern Que., Toronto-based TVX Gold (TVX-T) posted improved second-quarte…
Learning from Musselwhite
The Musselwhite gold deposit in northwestern Ontario is on land belonging to First Nations. Dealing with the development concerns of First Nations created an additional challenge for Placer Dome beyon…
PDAC 2002 cautiously upbeat
Cautiously upbeat may well describe the mood of delegates attending this year’s convention of the Prospectors & Developers Association of Canada (PDAC).John Steele, the association’s president, set th…
TVX chalks up quarterly loss (November 19, 2001)
Lower realized prices and the devaluation of the Brazilian real saw TVX Gold (TVX-T) end the third quarter in the red.Net losses in the three months ended Sept. 30 totalled US$1.1 million on revenue o…
AngloGold bids for Normandy (September 10, 2001)
Moving to expand and diversify its gold portfolio, AngloGold (AU-N) has launched an all-share bid to acquire Normandy Mining (NDY-T), Australia’s largest gold miner.Creating what it describes as the “…
Placer Dome cuts exploration, outlines strategy for growth
The street-driven notion that success should be measured only in ounces has fallen out of favour in the gold business, and Placer Dome (PDG-T), like most of its peers, intends to measure success with …
Placer bucks trend, posts profit
Vancouver — A strong second quarter augurs well for Placer Dome (PDG-T) as the company sets about developing various deposits to replace its aging mines.The major cranked out 747,000 oz. gold during …
Wardrop assumes some BLM staff
Fifteen geotechnical specialists and engineers from now-defunct BLM Engineering have joined Wardrop, an engineering and consulting firm based in Toronto.Wardrop had completed several projects with Sud…
Writedowns translate into loss for Placer Dome
Vancouver — Placer Dome (PDG-T) felt the brunt of lower gold prices as US$377 million in writedowns pushed the company into the red during 2000.Despite record cash flow and operating earnings, the co…
Partners hit sulphides at Duck Pond
The first two infill holes drilled at the Duck Pond base metal project, southeast of Buchans, Nfld., have intersected sulphide mineralization over substantial widths.The drilling program, mounted by j…
Careers (July 05, 1999)
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