US golds take hit as price falls
A steep dip in the price of gold pushed U.S. gold producers lower over the April 2-8 report period. The yellow metal was fixed at US$324.10 per oz. on the morning of April 9, for a loss of $6.15 on th…
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PEOPLE (April 14, 2003)
Phelps Dodge — Jon Madonna appointed to board of directors.QGX — Paul Zweng appointed chief operating officer. Surf’s up!Seabridge — Eliseo Gonzalez-Urien appointed senior technical ad…
Steep cost for those who don’t support US
The Liberal government reminds me of the pacifists who tried to convince the European masses that Hitler was just “saber rattling” as he was arming his gang of goose-steppers to go on the rampage, whi…
Poor choice of headline
Having been a long time reader of your publication, I am disappointed by how negative you can sometimes be about our industry.In particular, I draw your attention to the headline above an article deal…
IMA ups allotment in financing
Vancouver — Investor demand has prompted IMA Exploration (IMR-V) to increase both the allotment size and price of its latest financing.The original, $1.2 million non-brokered private placement consis…
Letter to the editor: U.S. reader assails Chretien
If Canada desires to follow a narrow-minded, provincial Quebecois as its leader, so be it. You make your bed, . . .In the future, I hope other Americans remember Canada’s spinelessness. Actually it is…
New Macassa discovery shapes up
Follow-up underground drilling has extended the newly discovered D zone at the Macassa mine, west of Kirkland Lake, Ont.Kirkland Lake Gold (kgi-t) sunk six stepout holes on 15-to-30-metre centres from…
Two upstarts challenge the coal giants
Last year’s deals between Fording Coal, Sherritt International (s-t), the Ontario Teachers’ Pension Plan, and Teck Cominco (tek-t) neatly divided the world of Canadian coal production; thermal coal as…
The Russian market
It is estimated a third of the world’s mineral reserves are in Russia, where the mining market is dominated by Norilsk Nickel, diamond miner Alrosa, and oil and gas giant Sakhalin. These companies inv…
EXTECH IV brings co-op spirit to Athabasca Basin
According to government figures, the amount of nuclear energy used in the production of world electrical power between 1971 and 1990 jumped more than eight times, from 2% to 17%. In 2001, Saskatchewan…
Geomaque reworks Defiance deal with Aussie miner St Barbara
Under a revised plan, Geomaque Resources (GEO-T) will play a larger role in the creation of an international gold mining company.In January, Geomaque announced plans to merge with Australia-listed St …
Golds flat as broad market rebounds
The Toronto Stock Exchange’s S&P/TSX composite index advanced 27.56 points to end the April 2-8 report period at 6,438.71 as the U.S.-led coalition marched into Baghdad and raised hopes for a quick co…