De Beers leads next diamond wave
As part of a second wave of new diamond mines coming on-stream in Canada, De Beers is spending $1.6 billion to build two new mines — the Snap Lake underground mine in the Northwest T…
2006
Not your grandfather’s Abitibi
Malartic, Que. — When James Norrie sent his steam drills up the trails from the railway line in the 1930s, the only exploration model in his head was the wildcatter’s principle: drill it and see. Sev…
Rio Narcea axes marginal mines (March 06, 2006)
Rio Narcea Gold Mines (RNG-T, RNO-X) has decided to pull the plug on its marginal El Valle and Carles underground gold mines in Spain’s Asturias province….
Intelligent approaches to mining ethics
EDITORIAL…
New secondary market liability in Ontario
COMMENTARY…
People (March 06, 2006)
Golden Phoenix Mnrls — David Caldwell appointed president and COO….
Toronto Stock Exchange february 21-27
The Toronto Stock Exchange retreated 159.29 points to 11,706.47 during the five trading days ended Feb. 27. The gold index fell 4% to 265.39 as the underlying commodity shed US$1.25 to US$553.25. The…
TSX Venture Exchange february 21-27
Stronger precious metal prices helped the junior-resource-dominated S&P-TSX Venture Composite Index inch up 4.15 points to close the Feb. 21-27 trading session at 2,543.33. Average daily trading v…
Centerra earnings shrink on Kumtor performance (March 06, 2006)
Lower head grades at the Kumtor gold mine in Kyrgyzstan increased production costs at Centerra Gold (CG-T, CAGDF-O) in 2005, leaving the gold miner with net earnings of US$42.4 millio…
Newmont net earnings drop 27% in 2005 (March 06, 2006)
Vancouver — Strong bullion prices helped offset some higher mine operating costs for Newmont Mining (NMC-T, NEM-N) in 2005, resulting in annual net earnings of US$322 million, or 72…
Wolfden picks Lupin (March 06, 2006)
Thunder Bay, Ont., junior Wolfden Resources (WLF-T, WFDNF-O), with a significant presence in the Arctic already, has gone on a Slave Province shopping spree….
Canadian Gold Mutual Funds (March 06, 2006)
Close: Feb. 24, 2006…