Shares in Agnico-Eagle Mines (AGE-T) lost about a fifth of their value after the mid-tier producer posted a third-quarter loss on the poor performance of its LaRonde gold-copper mine in Quebec.The com…
I am writing in response to your article on the activities of a junior exploration company in Guatemala (T.N.M., Oct. 17/03) in which you make several wild and unsubstantiated assertions regarding Exp…
A feasibility study considering the combination of the Taparko and Bouroum gold deposits in Burkina Faso, West Africa, envisages total average production of 91,000 oz. per year over 7.5 years.Taparko …
Higher gold prices combined with lower exploration and accounting expenses to keep Glamis Gold (GLG-T) profitable in the third quarter.Net earnings topped US$3.5 million (or 2 per share) on revenue o…
Wheaton River Minerals (WRM-T) has taken full control of the Los Filos gold project in Mexico’s Guerrero state, putting it on-track to increase annual gold-equivalent production by 40%.In late October…
It was a generally good trading period in the U.S. equity markets, with the major indices up modestly but the mining stocks generally strong. The Dow Jones Industrial Average picked up 90.52 points to…
Looking for cash to help in its bid to revitalize the struggling Sigma-Lamaque open-pit gold mine, McWatters Mining (MWA-T) has agreed to sell its nearby Kiena mine complex on Parker Island, west of V…
Diamond junior Dianor Resources (DOR-V) has picked up an option to earn into Eastmain Resources’ (ER-T) Abitibi Extension project, north of Dianor’s Cluster project, near Kirkland Lake in northern Ont…
Gold took a pounding over the Oct. 29-Nov. 4 report period, withering US$8.25 in overseas trading to settle at London morning fix of US$378.30 per oz. Silver also got smacked, losing US22 to finish a…
Vancouver — Gold Fields (GFI-N) posted a 40% drop in profits between the 3-month period ended Sept. 30 and the previous quarter.The world’s fourth-largest bullion producer earned US$61 million in the…
Vancouver — Higher bullion prices enabled Newmont Mining (NEM-N) to post dramatically higher profits for the third quarter.The Denver-based company earned US$114.4 million (or US28 per share), compa…
Vancouver — Despite record production and strong operating cash flow in the third quarter, Placer Dome (PDG-T) suffered a loss in profits, owing to a derivatives expense.The major earned US$21 millio…
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