Although weak gold markets make it unlikely the Bakyrchik mine will resume production any time soon, Indochina Goldfields (ING-T) has acquired the remaining 20% stake in the Kazakstani gold project an…
Turkey’s ambivalence over the use of cyanide in mining hasn’t impeded exploration at the Yenipazar polymetallic project, a joint venture involving Anatolia Minerals Development (AMCD-C) and Rio Algom …
Anthony Field appointed chairman, Rupert Bowen appointed director, Allison Eaton appointed president, and Betty Anne Loy appointed secretary.
Ian McDonald appointed chairman, CEO and director.
Margaret Thatcher once said that trying to run a country by consensus is foolhardy at best and an abdication of leadership at worst (or words to that effect). Nonetheless, governments of all stripes c…
Low commodity prices have barely clipped the bottom line of Franco-Nevada Mining (AGM-T), a royalty company with a 50% interest in the newly producing Ken Snyder gold mine in Nevada.Franco posted net …
Altius MineralsAnatolia Minerals DevelopmentArgentina GoldAurizon MinesBarrick GoldBeaufield Consolidated ResourcesBoreal ExplorationCambiorCamecoCamphor VenturesChalice MiningComincoDayton MiningDe B…
Despite having produced and sold record levels of uranium and gold in 1998, Cameco (CCO-T) reports that its net earnings were only about half those of 1997.The Saskatoon-based company earned $44 milli…
Despite low metal prices and a disappointing fourth quarter, Noranda (NOR-T) managed to turn a profit in 1998 by divesting itself of several assets.The major earned $658 million (or $2.68 per share) o…
There was little to cheer about during the report period Feb. 10-16, as western markets put in another lacklustre performance. The Vancouver Stock Exchange composite index slipped 5.43 points, or 1.3%…
The Dow Jones industrial average gained 164 points, or 1.8%, during the report period ended Feb. 16, to close at 9,297.03.Mining issues were mixed throughout the week, though copper producers were hit…
A drill program by Xemac Resources (XEM-M) has extended the No. 2 gold zone at the junior’s Lac Barry project near Lebel-sur-Quevillon, Que.One of the holes testing the No. 2 zone returned 89.7 grams …
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