Golds bleed and bleed
Gold stocks were absolutely slaughtered today as gold prices nosedived US$11 to the US$312-per-oz. range between 11…
News
Inco takes US$1.6-billion Voisey’s writedown, sells 25% of Goro
Finally facing the inevitable, Inco (N-T) today wrote down the carrying value of the Voisey’s Bay nickel project in…
Teck Unplugged: plunging power profits take their toll
Vancouver — The second quarter of 2002 was not a good one for the world’s largest zinc producer as low commodity p…
Positive drill intercepts expand Turquoise Hill
Vancouver — Ivanhoe Mines’ (IVN-T) ongoing drilling campaign at the Turquoise Hill (Oyu Tolgoi) project in Mongoli…
Cambior still losing money (July 23, 2002)
Hampered by falling gold production, heavily hedged gold miner Cambior (CBJ-T) turned in another loss during the se…
Broad markets crushed, again
North American markets suffered another brutal day of sell-offs, with declines coming in across the board as trauma…
Miramar hits production targets (July 22, 2002)
Vancouver — Despite feeling the impact of the temporary suspension of the Con autoclave, Miramar Mining (MAE-T) ex…
Drill turns at Elk
Vancouver — Aiming to expand the known resource of the Siwash North and WD vein systems, junior Almaden Minerals (…
Queenston begins drilling at Kirkland Lake
On the heels of last week’s $5-million financing, Queenston Mining (QMI-T) has closed the buying-out of Newmont Min…
PEOPLE (July 22, 2002)
Anglovaal — Richard Menell appointed chairman; David Murray appointed CEO; Jan Steenkamp appointed COO.Athlone — Henk Van Alphen appointed director.
NovaGold cuts high-grade gold at Donlin (July 22, 2002)
Stepout drilling by NovaGold Resources (NRI-T) has cut high-grade gold near the Donlin Creek deposit in southwestern Alaska.The holes were collared halfway between the Acma deposit and the Akivik zone…
