African rains dampen Iamgold’s output
All in all, 2003 was a productive year for Iamgold (IMG-T), which cranked out 421,000 attributable ounces at a weighted cash cost of US$225 per oz.Still, output was 2% lower and cash costs 5% higher t…
News
Time to improve permitting
We begin the new year in anticipation of positive things for mining in Nevada. It appears metal prices are recovering from their years-long slump and that the overall economy of the state, despite cha…
Lamaque drilling cuts gold
Drilling by Kalahari Resources (kla-v) at its Lamaque project in northwestern Quebec has returned more gold intersections. The company tested two magnetic anomalies, T-06 and T-03, on the property. At…
Sunridge explores in Eritrea (February 09, 2004)
Two drills are testing the Debarwa copper-gold deposit in Eritrea. The near-surface, volcanogenic massive sulphide deposit is part of the 1,400-sq.-km Asmara project held by partners Sunridge Gold (SG…
Inca Pacific to consolidate Magistral
Vancouver — Inca Pacific Resources (IP-V) has inked a deal to purchase Anaconda Peru’s 51% interest in the Magistr…
Gold-Ore outlines drill targets at Yuscaran
Vancouver — Gold-Ore Resources (GOZ-T) is gearing up to drill its Yuscaran gold-silver project in eastern Honduras…
IMA continues Navidad celebration
An ongoing drill program at the Navidad polymetallic property in Argentina has returned the highest silver grades y…
Falconbridge’s earnings quadruple
Higher nickel, copper and zinc prices sent Falconbridge’s (FL-T) earnings soaring during the final three months of…
Axmin cuts new gold at Bambari
Shares in Axmin (AXM-V) were 8, or 10%, higher at 86 in afternoon trading on Feb. 5, after the junior announced t…
Trading Summary (February 05, 2004)
The Toronto Stock Exchange managed to reclaim just 10.29 points to end at 8,548.41 on Thursday. The golds made up t…
Mustang cuts more nickel at C-zone
Vancouver — Mustang Minerals (MUM-V) has released additional encouraging drill results on the C-zone from the Bann…
Grayd explores La India (February 04, 2004)
A surface exploration program by Grayd Resources (GYD-V) is assessing several showings on the India high-sulphidati…