News

Costs at Eldorado Gold‘s (ELD-T) Kisladag project in western Turkey are being hampered by the effects of value-added tax (VAT).

High River Gold (HRG-T) incurred a $17 million loss for 2003, most ($14 million) of which is attributed to a writedown on the company’s share of the New Britannia mine in Manitoba. The mine is slated for closure later this year.

Vancouver — Three drills are testing the Sleeper project, a past-producing gold property in Nevada’s Humboldt Cty. The land package is held by New Sleeper Gold, a company owned equally by X-Cal Resources (XCL-T) and Ki…

Vancouver — After 18 months of engineering and environmental studies, Apollo Gold (APG-T) has received an operating permit for the Standard mine, near Winnemucca, Nev.

Drilling is ongoing at the Norman 2000 and Norman North copper-nickel deposits in the Sudbury area of Ontario, where FNX Mining (FNX-T) and Dynatec (DY-T) are preparing to begin feasibility work.