News


Peruvian tax changes could hurt miners

The Peruvian congress has passed a bill aimed at removing many of the existing financial incentives for mining.The bill, presented by President Alberto Fujimori, who was recently re-elected to a third…


De Beers, Winspear make peace as bid extended

The sabre-rattling between De Beers Consolidated Mines (DBRSY-Q) and takeover target Winspear Diamonds (WSP-T) has ended with an agreement that allows the offer to be extended to Aug. 15 from July 28….


PEOPLE (July 31, 2000)

Canyon — David Fagin appointed director.Crystallex — C.W. Longden and David Matheson appointed directors.Dia Met — James Rothwell appointed president and CEO.Inter-Citic…


Yukon environment group funds research

The Whitehorse-based Mining Environment Research Group (MERG) is funding five projects in the Yukon.The projects are designed to reduce environmental compliance costs through the development of new te…


Barrick earnings steady in second quarter

Barrick Gold (ABX-T) posted earnings of US$72 million (US36 per share) for the second quarter of 2000, the same profit it made in the first quarter of the year. Revenue for the second quarter amounte…



Hope Bay exceeds expectations

Partners Hope Bay Gold (CBX-T) and Miramar Mining (MAE-T) have added a high-grade finish to their newly completed underground work program at the Boston deposit in Nunavut.Boston is one of several dep…


CDNX remains adrift in summer doldrums

Canada’s junior exchange remained steady over the report period ended July 25, with all indices edging slightly downward.The Canadian Venture Exchange added 0.88 point to its value and finished the we…




Exploration keeps Eagle Plains busy

Eagle Plains Resources (EPL-V) holds an impressive portfolio of gold and base metal properties in British Columbia and the Yukon, and the junior intends to carry out more than 2,900 metres of diamond …


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