Northgate sees red in first quarter
Vancouver — Lower production resulting from a high stripping ratio at the Kemess mine in north-central British Columbia contributed to a first-quarter loss for Northgate Exploration (NGX-T).The compa…
2003
Breakwater breaks even in Q1
Higher prices for gold, silver and copper helped offset lower production for Breakwater Resources (BWR-T) in the first quarter.The company earned $69,000 (or nil per share), compared with a loss of $3…
Fronteer hunts for IOCG deposits
Vancouver — In addition to its foray into the Red Lake-Birch Uchi Belt, Fronteer Development Group (FRG-V) has assembled large land positions in the Bear province of the Northwest Territories and the…
Alamos Gold advances Estrella
Vancouver — In the late 1990s, Placer Dome (PDG-T) and partner Kennecott Minerals tabled a feasibility study that indicated only a marginal return on the Mulatos gold project. Today, newly minted Ala…
Great Basin active in South Africa
Hunter-Dickinson-led Great Basin Gold (GBG-V) has tabled a new measured resource estimate for the Southeast zone of Area 1 on the northwestern portion of the Burnstone gold property, 80 km southeast o…
Almaden, BHP Billiton kick-start JV
Junior Almaden Minerals (AMM-T) has staked two gold properties in Mexico’s southern state of Oxaca as part of a joint venture with BHP Billiton (BHP-N).Under terms of the deal, inked a year ago, each …
Silver Standard drills Bowdens
Vancouver — Silver Standard Resources (SSO-V) is encouraged by further results from infill drilling at its wholly owned Bowdens project, in New South Wales, Australia.The results are part of a recent…
Trading Summary (May 23, 2003)
The Toronto Stock Exchange closed marginally higher on Friday, with the TSX Composite index up 3.56 points to 6,782…
Breakwater adds a year’s reserve at Langlois
An infill drilling program by Breakwater Resources (BWR-T) has upped reserves at the Langlois base metal mine in no…
LionOre posts a solid quarter
Vancouver The first quarter of 2003 proved to be a good one for LionOre Mining International (LIM-T).The nick…
AngloGold sells Amapari to Eike Batista (May 23, 2003)
AngloGold (AU-N) will sell its wholly-owned Amapari gold project in northeastern Brazil’s Amapa state to Eike Batis…
Yandal derivatives timebomb keeps ticking
Newmont Mining (NEM-N) has revealed that on May 21, its wholly owned Australian subsidiary Newmont Yandal received…