El Peon lifts Meridian
Earnings season kicked off with Meridian Gold reporting a third-quarter net profit of US$7.9 million (or US8 per share), powered by a continued stellar performance by the El Peon high-grade undergro…
2003
Anglo, Philex hit second porphyry
Vancouver — Perseverance and a good-sized exploration budget have enabled partners Anglo American (AAUK-Q) and Philex Gold (PGI-V) to find a second mineralized copper-gold porphyry body near the high…
New kimberlite discoveries in Quebec
Ashton Mining of Canada (ACA-T) and Soquem have discovered two new small kimberlites while wrapping up a fall drilling program on their Foxtrot property in the Otish Mountains region of northern Quebe…
Met tests augur well for Cerro de Maimon
Results from metallurgical tests point to higher recovery rates at the advanced Cerro de Maimon copper-gold project in the Dominican Republic.In July, a resource update prepared for Globestar Mining (…
Suppliers Roundup (November 03, 2003)
China eyes HIsmelt technologyAustralia-based HIsmelt, a wholly owned subsidiary of Rio Tinto, has signed a licensing agreement with the Laiwu Steel Group of China to develop an iron-making plant using…
Most Russian miners rescued
At presstime, 33 Russian miners trapped 800 metres underground had been rescued from the flooded Zapadnaya coal mine, about 1,000 km south of Moscow. However, 13 miners remain unaccounted for.The mine…
Trading Summary (October 31, 2003)
Toronto’s diversified miners continued 4.1 points, 2.2%, higher to end Friday’s trading session at a new 52-week hi…
BC copper plays heat up
Vancouver Reminiscent of the 1970’s, copper-gold porphyry exploration has once again taken centre stage in the hu…
Partners advance Taparko
A feasibility study of a combined operation at High River Gold Mines’s (HRG-T) Taparko and Axmin’s (AXM-V) Bouroum…
South Malartic cuts new gold at Croinor
South Malartic Exploration (MSU-X) plans a winter drill program after encountering a new zone of gold mineralizatio…
Trading Summary (October 30, 2003)
Toronto’s gold stocks slipped 4.8 points, or 2.3%, to 205.04 on Thursday, as the yellow metal shed US$2.70 to settl…
Profit plunges for Gold Fields
Vancouver — The world’s fourth largest bullion producer posted a 40% drop in profits during the three month period…