1998

Dayton works to reverse falling profits

Higher costs and lower production have driven Dayton Mining (DAY-T) deeper into the red.For the three months ended June 30, the company lost $3.9 million (or 13 cents per share) on revenue of $8.9 mil…


Deals to boost Armenian minerals sector

The Armenian minerals sector is getting a boost by way of a new diamond processing partnership and a cash injection for the copper industry from the Chinese government.The Diamond Company of Armenia w…




Indochina develops Monywa

With the Bakyrchik gold project on hold pending optimization studies and restructuring of an agreement with the government of Kazakstan, Indochina Goldfields (ING-T) is focusing on improving the econo…




Homestake sweetens deal for Prime Resources

Homestake Mining (HM-N) has upped the ante for the remaining 49.6% of Prime Resources (PRU-T).According to an agreement reached by the board of directors of each company, Homestake will grant Prime’s …


Lac des les struggling for profits

Despite robust prices for platinum group metals, profits have remained elusive at the Lac des les mine near Thunder Bay, Ont., Canada’s only primary platinum group metals producer.In the first six mo…




Barrick options Rossi property in Carlin trend

In an effort to expand its holdings in Nevada’s Carlin trend, Barrick Gold (ABX-T) has entered a joint-venture agreement to explore the Rossi gold property, held by Meridian Resources (MNG-T).Barrick …


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