Minera Santa Cruz commissions feasibility study
Minera Santa Cruz has commissioned a feasibility study to be compiled and managed by MTB Project Management Profess…
News
Trading Summary (June 29, 2004)
Gold has fallen below the $400 mark once again. It closed down US$9.85, at US$394.40 per oz. in the afternoon in Lo…
Yamana sizes up Chapada
Having revised resource and preliminary reserve estimates earlier this year, Yamana Gold (YRI-T) has tabled a final…
Coeur d’Alene sweetens Wheaton River bid
Coeur d’Alene Mines (CDE-N) has again boosted its hostile takeover bid for Wheaton River Minerals (WRM-T). The Idah…
Kupol drilling confirms high-grade for Bema
Vancouver – Drilling by Bema Gold (BGO-T) on its Kupol project, in the Chukotka region of northeastern Russia, cont…
Golden Star increases bid for Iamgold
Golden Star Resources (GSC-T) has increased its bid for Iamgold (IMN-T) following a recommendation by independent I…
Inmet, Aur cancel merger
Aur Resources (AUR-T) and Inmet Mining (IMN-T) have broken off the planned merger they announced May 4.Short st…
Frontier Pacific acquiring Newmont’s Turkish mine
Vancouver – Frontier Pacific Mining (FRP-V) is purchasing the Ovacik gold mine in western Turkey from Newmont (NEM-…
Anaconda strikes gold (June 28, 2004)
Giant mine on last legs
After incurring significant losses in the first quarter at the flagging Giant gold mine in Yellowknife, N.W.T., and witnessing similar results in April and May, Miramar Mining has decided to close the aging operation.
Time to clean house
Canada’s national election is in the offing, and if there is no blue wave on the pattern of 1984, there is at least a ripple or two. They’re washing over Liberal hands, which are busy grasping at straws.
Mining looks good worldwide
The net profits reported by the world’s 30 largest listed mining companies increased by 95%, to US$11.5 billion from US$5.8 billion, in 2003, according to a report by PricewaterhouseCoopers.