Post-merger Kinross launches mine review
The recently completed merger with Amax Gold has provided a dramatic boost in revenue for Kinross Gold (K-T), as well as a larger stable of mines to manage. With gold prices at near-record lows, the T…
The recently completed merger with Amax Gold has provided a dramatic boost in revenue for Kinross Gold (K-T), as well as a larger stable of mines to manage. With gold prices at near-record lows, the T…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 31/98 (change from Aug. 25 in brackets):MetalStocks(tonnes)Change…
Markets around the world were rocked during the Aug. 26-Sept. 1 report period as trading sessions saw maximum volatility and volume.Jittery North American markets sunk several percentage points on Aug…
Low gold prices have prompted Vista Gold (VGZ-T) to scale down mining plans at the Amayapampa gold project in Bolivia.The company completed a feasibility study for a 3,000-tonne-per-day operation in t…
Aluminium: LME settlements US$1,355, alloy US$1,160 per tonne (Sept. 1/98).Antimony: Representative mid-market US$1,250 per tonne (Aug. 25/98).Bismuth: Representative mid-market US$3.45 per lb. (Sept….
Drilling by Takla Star Resources (TKR-A) at the Orkho Pina property in western Boliva has cut wide zones of low-grade gold and zinc mineralization.Four of the five holes drilled returned one mineraliz…
Toronto-based Chesbar Resources (CBI-M) has released additional results from drilling at the La Salle I gold property on its Anacoco IV concession in Venezuela’s Bolivar state.The 41-hole, 5,000-metre…
Vancouver-based AZCO Mining (AZC-T) has acquired an option to earn a 70% interest in La Adelita, a copper-gold-silver prospect in Mexico’s Sonora state.In return, the junior is required to spend US$50…
Drilling has begun on the Las Princesas project of Ballad Enterprises (BDC-V) and Unuk Gold (UNK-V) in northern Peru.Drilling on the Northern zone will consist of 10 holes over 1,200 metres. The miner…
Encouraging results released during the South American winter are setting the stage for what could be a pivotal exploration season in the Patagonia Plateau of southern Argentina.Junior companies activ…
Lone Star Exploration (LSE-V) has changed its name to Masmindo Mining (MME-V) on a 1-new-for-10-old-share basis.
With mine commissioning under way at the San Andres gold mine in Honduras, Greenstone Resources (GRE-T) has arranged US$13 million in additional financing to ensure a smooth startup and withstand chal…
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