Eldorado Gold posts feasibility for Kisladag
Vancouver — Eldorado Gold (ELD-T) has tabled a positive feasibility study for its wholly owned Kisladag gold project in western Turkey.The study points to an after-tax internal rate of return of 32.6…
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Editorial Cartoon (April 14, 2003)
PEOPLE (April 14, 2003)
Phelps Dodge — Jon Madonna appointed to board of directors.QGX — Paul Zweng appointed chief operating officer. Surf’s up!Seabridge — Eliseo Gonzalez-Urien appointed senior technical ad…
Ivanhoe expands Far North with high-grade gold-copper zone
The discovery of deep high-grade copper-gold mineralization in stepout drilling on the Far North zone in Mongolia’s South Gobi region is changing the complexion of the Turquoise Hill project.Ivanhoe M…
Suncor unveils $3b expansion plan
Calgary-based integrated oil giant Suncor Energy (su-t) intends to spend C$3 billion to boost its projected daily oil-sands output to 330,000 barrels by the end of 2007 from 260,000 barrels in 2005.Th…
Anglo American faces apartheid suit (April 14, 2003)
U.S. lawyer Edward Fagan, known mostly for forcing Swiss banks into a US$1.25-billion settlement for Holocaust victims, has filed suit in a U.S. court for up to US$6.1 billion in damages against Anglo…
W.Va. allows diesel power underground
Regulators in West Virginia have approved the experimental use of diesel-powered equipment at two Peabody Coal operations, ending a longtime ban on the use of internal combustion engines in undergroun…
Project boosts search for uranium in Alberta
EXTECH IV study sees potential for unconformity-type depositsApproximately 10% of the Athabasca Basin is in northeastern Alberta, but this region has yet to yield a uranium deposit comparable in size …
TSX reviewing Crystallex
Changes to accounting practices at Crystallex International (KRY-T) have obliged the company to restate its earnings for three quarters in 2002.The restatements became necessary because of changes to …
Freeport-McMoRan sweetens redemption price
A tepid reception has prompted Freeport-McMoRan Copper & Gold (FCX-N) to spruce up an offer for early redemption of its 7.5% senior notes due in 2006.The major is now offering US$1,030 per US$1,000 pr…
RJK cuts gold at Wedge (April 14, 2003)
The first hole drilled by RJK Explorations (RJX.A-V) on its Wedge property, near Shebandowan, Ont., has intersected significant gold mineralization.The hole was testing the Creek zone, where grab samp…
Soquem inks joint ventures with Quinto Technology
Vancouver — Quinto Technology (QU-V) has signed an agreement with provincially owned Soquem to establish two 50-50 joint ventures in the Lac Gueret area of Quebec.Soquem recently performed an airborn…