Sulliden Exploration (SUE-M) has received mixed results from the latest six holes drilled at its Las Huaquillas property in the Cajamarca department of northern Peru.All six were collared in the San A…
First Marathon’s Kerry Smith is one of a growing number of mining analysts giving high marks to the financial performance of Iamgold (IMG-T) and the operating success of its Sadiola Hill gold mine in …
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec. 7/98 (change from Dec. 1 in brackets):MetalStocks (tonnes)Change…
Trenching by Orezone Resources (ORZ-M) has revealed a high-grade gold zone at the Intidougou property in Burkina Faso.Eight channel samples from a continuous zone of highly silicified, brecciated bed…
Eldorado Gold (ELD-V), which operates mines in Mexico and Brazil, suffered a writedown of US$100 million in the third quarter as a result of low gold prices.The total writedown includes US$39.2 millio…
Barrick Gold (ABX-T) has announced its intention to buy all outstanding shares Argentina Gold (ARP-V) for $4 each.With about 35.6 million shares outstanding, the takeover bid is worth $142 million pro…
A recent report about TVI Pacific Inc’s (TVI-T) plans to expand the Canatuan polymetallic project in the Philippines stated that two alternatives being considered would yield rates of return in excess…
Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have resumed discussions regarding a possible amalgamation.The companies are 50-50 partners in the 684,000-acre Jericho project in the Northwes…
Volcanic igneous rocks play a critical role in the formation of volcanogenic massive sulphide (VMS) deposits, which are important producers of copper, lead and zinc, as well as lesser amounts of gold …
Thomas Allen and Cole McFarland appointed directors.
Six Canadian companies are spearheading an effort to help control acid drainage at mining projects.Majors Placer Dome, Inco, Noranda, Teck, Rio Algom and Falconbridge are among 17 companies that forme…
Argentina has been chosen as the site of a branch office of the Potash and Phosphate Institute of Canada.The new office, situated in Buenos Aires, is intended to improve access to South American marke…
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