2005

High-value diamonds for Monroe Minerals

Monroe Minerals (MMX-V) sold 2,412 carats of diamonds on a run-of-mine basis in the first quarter, reaping an average of US$443 per carat. Total proceeds were US$1.1 million….


Higher gold price boosts Barrick’s profit

Barrick Gold (ABX-T) earned US$51 million in the first quarter, almost double that of the corresponding period a year earlier, thanks chiefly to higher gold prices. The income trans…



Chile’s royalty debate enters final phase

Santiago, Chile — After two years of debate, the Chilean government’s attempt to extract extra tax revenue from the country’s powerful mining industry appears to be entering the final stage….


Claude outlines gold at Santoy

Claude Resources (CRJ-T) has cut significant gold at its Santoy Lake property, 125 km northeast of La Ronge, Sask. The drilling focused on Zones 8 and 8E….


YGC launches drill program at Ketza River

Vancouver — Newly revived YGC Resources (YGC-T) has launched a $5-million exploration program at the dormant Ketza River gold mine property, 50 km south of Ross River, Y.T….



The Pollyanna pit at Taseko Mines' Gibraltar copper-moly operation in south-central British Columbia.

Partners overcome rocky start at Gibraltar

Williams Lake, B.C. — Whether ramping up a new mine or reviving an old one, mining companies typically encounter problems in the first few months of production. In the case of Taseko Mines


Photo by Pattie BealesEquinox Minerals personnel at the Mulandwe RC sample farm, from left: Kevin van Niekerk, vice-president investor relations and corporate development; Greg Winch, chief exploration geologist; Bruce Nisbet, vice-president exploration; Michael Richards, exploration manager for Africa; Craig Williams, president; Noel McNee, Lumwana site operations and technical manager; and Harry Michael, chief operating officer.

Equinox forges ahead at Lumwana

Solwezi, Zambia — The engineering and development contract for Equinox Minerals‘ (EQN-T) Lumwana copper project has been awarded to GRD Minproc, a unit of Australian-based


The adit at the Maggie Hays nickel mine in Western Australia.

LionOre’s growing Australian presence

Perth, Western Australia — Australia has been good for LionOre Mining International (LIM-T), but the Toronto-based company has also been a boon for Australia….


Tsodilo bullish on Ngamiland

Tsodilo Resources (TSD-V) is encouraging by mineral chemistry results from the A15 kimberlite on the Ngamiland project in Botswana….


Falco buys share in Barrick’s Kabanga

An agreement with Barrick Gold (ABX-T) gives Falconbridge (FL-T) a half-interest in the Kabanga nickel deposit in northwestern Tanzania, a property Barrick inheri…


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