Australian-based Resolute will pay US$40 million for the remaining half-interest in the Golden Pride mine that it does not already own. The half-interest in the Tanzanian mine is currently held by Ash…
Dusan Berka, Frank Lang, James Bryce, Vladimir Horvath and Walter Brenner appointed directors.
Robert Young appointed director.
Gold Funds as of April 22, 1999BGRCentralNet Value$14.055.72Price$9.40$5.
The government of British Columbia has awarded 13 mines in the province for their safe operating practices.For the second consecutive year, the winner of the John Ash Safety Award, presented to the op…
AnglogoldArgentina GoldArgosy MiningAsarcoAshanti GoldfieldsAshton MiningAtna ResourcesB.Y.G. Natural ResourcesBarrick GoldBattle Mountain GoldBolidenBroken Hill ProprietaryCaldera ResourcesCalliope M…
Alberta diamond explorer Montello Resources (MEO-A) and Kennecott Canada Exploration are expanding their joint-venture relationship to include diamond reconnaissance exploration in Manitoba.Kennecott …
A 10-for-1 consolidation of capital and a name change to Thistle Mining (THT-T) have capped the recent refinancing of Ourominas Minerals (OMI-T).The company, which will be converting from an explorati…
In a move aimed at cleaning up its balance sheet and financing its overseas projects, TVX Gold (TVX-T) has formed a partnership with Australia’s largest gold producer.The mid-tier producer is selling …
In stark contrast to its struggling peers, industry-leader Barrick Gold (ABX-T) has just turned in its best quarter ever, thanks to a potent combination of soaring production, falling costs and record…
Halfway through a $4.1-million drilling campaign that is testing 30-35 targets on ground shared with Tahera (TAH-T), Kennecott Canada Exploration has made its first kimberlite find.A vertically drille…
Cost-cutting programs by Eldorado Gold (ELD-T) failed to offset the damage caused by low gold prices in 1998. The Vancouver-based company tabled a year-end loss of US$121.4 million (or US$1.66 per sha…
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