News

Yatela officially opens

After pouring its first 22.8-kg gold bar in early May, a month ahead of schedule and US$2 million below budget at U…


McKenzie Bay sells Kelsey Lake

Junior McKenzie Bay International (MKBY-O) has inked a deal to sell the Kelsey Lake open-pit diamond mine, a past-p…





Inca Pacific, Anaconda wrap up drilling

Vancouver — Inca Pacific Resources (IP-V) has tabled encouraging drill results from the Magistral copper porphyry-skarn property in Peru.The 49-hole, 4,000-metre diamond drill program was managed by …


Sultan steps up exploration near Nelson

Vancouver — Having completed initial drilling at the Kena gold property in southeastern British Columbia, Sultan Minerals (SUL-V) is expanding its exploration efforts.The junior has kicked off two ne…


Gold demand steady in 2001

In the first half of the year, gold demand held its ground despite the global economic slowdown.For the first six months of 2001, gold jewelry sales and personal investment in the world’s leading gold…


Ontario releases treasure maps

There is buried treasure in Ontario and the provincial government is determined to help companies find it.The Ontario Geological Survey (OGS) has released 115 new map sheets from seven airborne geophy…


CAMESE to meet in Sudbury

Wayne Smith, manager of purchasing, warehousing and traffic at Inco, will present an overview of e-commerce procurement practices at annual meeting of the Canadian Association of Mining Equipment and …


Tagish to test Skukum

An exploration program by Tagish Lake Gold (TLG-V) is testing the Skukum gold-silver property, 80 km south of Whitehorse, Y.T.The road-accessible property includes the past-producing Mt. Skukum mine. …


Aussie dollar not alone in its woes

The experience of the Australian dollar paralleled that of most major currencies in the past three years, as capital flowed into U.S. markets and into greenback-denominated investments. The Aussie ave…


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