News

Barrick earnings recover as production costs fall

Cash flow and earnings were both higher for Barrick Gold (ABX-T) in the first nine months of 1998, as the company benefited from a rationalization program begun in 1997.Barrick made US$218 million (58…


Kwale project one step closer to fruition

A metallurgical flow sheet designed for the Kwale heavy mineral sands project on the coast of Kenya indicates high mineral recovery rates.The pilot-plant study, conducted by Australian-based MD Minera…




Jusuf Merukh named in dispute with AG Armeno

Jusuf Merukh, a former partner of Bre-X Minerals at the Busang project in Indonesia, is once again making waves in Canadian mining circles.The Indonesian mining promoter had previously attempted to su…


Payback from Sadiola begins to flow

Third-quarter earnings for Iamgold (IMG-T) show that the Sadiola Hill mine in western Mali has remained one of the best cost performers in the gold-mining world.In the same period, the project’s last …



Index (November 16, 1998)

Book ReviewCareersClassifiedCommentaryDiamond PageDividendsDrillersEditorialInsider TradingInvestment CommentaryLetters to the EditorMetal PricesMining Markets and Investment NewsPhoto Ga…




Meadowbank enters prefeasibility stage

Cumberland Resources (CDB-T) has advanced its Meadowbank gold project in the Northwest Territories to the prefeasibility stage.Over the next five months, Mineral Resources Development Inc. (MRDI) will…


Rio Narcea extends gold zone in northern Spain

Drilling at the El Valle mine in northern Spain is expanding high-grade gold mineralization in the recently discovered Sienna zone.The southernmost of the 13 holes that have penetrated the zone so far…


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