News

Costa Rica rethinks Bellavista ruling

Costa Rica’s ministry of environment and energy has annulled last year’s decision to reject an environmental impact statement (EIS) for the Bellavista gold project.Operator Minera Rayrock (MRN-T) will…


Cristobal in Peru

Cristobal Resources (CTV-M) has begun exploration at one of its 35 newly acquired properties in Peru. Sampling and geophysical surveys are under way at the Anita property near Barrick Gold’s (ABX-T) P…




Busang’s fate still uncertain

The Indonesian Ministry of Mines and Energy has sent a letter to Bre-X Minerals (BXM-T) and Barrick Gold (ABX-T) that reportedly gives the two companies one month to complete a development agreement f…


Wheaton River arranges financing

After experiencing frustration in its attempts to obtain permits and financial backing, Wheaton River Minerals (WRM-T) has secured financing for its Golden Bear heap-leach project in northwestern Brit…


Echo Bay to launch two new gold mines

Echo Bay Mines (ECO-T) has announced production plans for two new gold mines — one in Canada, the other in Mexico.Over the next two years, the major plans to contribute a total of US$167 million towa…


COMMENTARY — Gold and the Euro

Europe should have a new currency on Jan. 1, 1999, but the role gold will play (if indeed it plays any) has yet to be determined.Planning for the new European currency, the Euro, gathered momentum in …




PEOPLE — PANGO

Benjamin Gibson appointed director; Wayne Tisdale appointed exploration manager.



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