Gulf International axes non-compete payments
Gulf International Minerals (GIM-T) has decided not to make any post-termination payments to recently ousted president and CEO Alastair Ralston-Saul.Earlier this year, the company agreed to pay Ralsto…
Gulf International Minerals (GIM-T) has decided not to make any post-termination payments to recently ousted president and CEO Alastair Ralston-Saul.Earlier this year, the company agreed to pay Ralsto…
Cameco’s (CCO-T) 53.2%-owned Boroo gold mine, 110 km northwest of Ulaanbaatar in Mongolia, has started commercial production.The open-pit operation is owned and operated by Boroo Gold, an indirect sub…
Rising metal prices sparked the Alaska mining industry last year, according to the Geological Survey of Alaska.The total value of mineral exploration, development, and production is expected to hit US…
Vancouver-based Eldorado Gold (ELD-T) posted a net loss of US$45 million for 2003, largely because of a US$39.5-million writedown of the value of the Sao Bento gold mine in Brazil. By comparison, the …
The Indonesian government will allow 13 mining companies to continue operations despite violations of the country’s forestry law.The move provides a boost to the mining industry after a controversial …
Antimony: Mid-mkt US$2,915/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$24-28.50/lb.Copper: Comex May US$1.366/lb.Indium: Indium Corp., ingot, US$485/kg.
With the new primary crusher at its Lac des les mine, near Thunder Bay, Ont., fully operational, North American Palladium (PDL-T) enjoyed a profitable fourth quarter.During the three months ended Dec…
Falconbridge (FL-T) has approved a US$368-million program of definition drilling underground at its Nickel Rim South deposit in Sudbury, Ont.The program is expected to last five years and will begin i…
Toronto-based Silk Road Resources (SIL-V) is gearing up to explore a large package of gold properties in China’s Gansu province.Chris Sennitt, newly appointed vice-president of exploration, has mobili…
The following is an excerpt from The Trouble with Gold . . . a promising treasure from Cripple Creek, a novel by Jim Davis, a Colorado geologist and prospector. The story concerns a man searching for …
We’ve mentioned before in this space that the annual convention of the Prospectors and Developers Association of Canada is the best place to judge the mood of the mineral exploration business, but not…
The biggest corporate shuffle during the period ended March 16 was carried out by the world’s largest mining company, BHP Billiton. The major has brought its customer-sector-groups division under thre…
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