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 …
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…
Bolivar Goldfields (BVG-T) will double, to 1,400 tonnes, the daily capacity of the mill it bought in Venezuela last June.The refurbished Revemin mill will continue to process gold ore. Bolivar says th…
Calgary-based Eurasia Gold (EGX-A) expects to raise $6 million for further work on its gold projects in Kazakstan through a private placement with Ourominas Minerals (OMI-T).Ourominas will purchase 60…
The Toronto Stock Exchange 300 index lost a modest 57.37 points in the report period ended Dec. 7, to end the week at 6,399.77.The precious metals and minerals sub-group suffered another dismal period…
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…
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…
Drilling by Cross Lake Minerals (CRN-V) at the Sheraton Twp. property, 40 km east of Timmins, Ont., has intersected more base metal mineralization along an exhalative horizon south of the Destor-Porcu…
With zinc prices remaining low and a newly developed ore zone failing to live up to expectations, Inmet Mining (IMN-T) is suspending operations at its troubled Winston Lake zinc-copper mine on the nor…
A prefeasibility study indicates that the Aljustrel mining complex in southern Portugal can be brought into production swiftly and economically.Rescan Engineering performed the prefeasibility study wh…
El Callao Mining (ECM-V) has increased by half a million ounces the overall resource estimate at its Lo Increible gold property in Venezuela.Indicated and inferred resources from six deposits now tota…
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