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Landslide brings down Freeport

The period ended July 20 was punctuated by a hefty second-quarter loss by Freeport-McMoRan Copper & Gold, which stemmed primarily from a major rockslide last October at its giant Grasberg mine in Indonesia.


Drilling at Eldorado Gold's Kisladag project in Turkey in 2000.

Eldorado welcomes VAT exemption

Vancouver — Two mining-friendly laws passed by the Turkish government are expected to improve the profitability of the Kisladag project of Eldorado Gold (ELD-T). One of thee laws exempts the gold mining industry from the value…


Azimut, Kennecott pair up

Montreal-based junior Azimut Exploration has partnered with Rio Tinto (RTP-N) subsidiary Kennecott Exploration to explore for gold and base metals over a vast region of Quebec.



Canadian Stock Exchange Indices (July 26, 2004)


DRC outlines copper-gold zone at Ajax

Vancouver — Drilling between two previously mined pits at DRC Resources‘ (DRC-T) Ajax property, near Kamloops, B.C., has uncovered a large copper- and gold-mineralized system in a porphyry environment.




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