News


A geotechnical drill operates in farm fields at the Efemcukuru project in Turkey. Much of the area around the project is under cultivation.

Eldorado Gold eyes production in Turkey

Open-pit mining, heap leaching planned for KisladagVancouver — With its debt now under control and production expected to rise from the Sao Bento mine in Brazil, Eldorado Gold (ELD-T) intends to spee…


Photo by Brancote HoldingsA rig drills the Football field prospect at Brancote's Esquel project in Argentina, in the Chubut province, close to the Chilean border.

Brancote positions Meridian for growth

Convinced that the high-grade Esquel project in Argentina has the potential to be a company-maker like its El Peon mine in Chile, Meridian Gold (MNG-T) has agreed to merge with Brancote Holdings, a L…



Winter drilling at the Arctic Platinum project, a joint venture with Outokumpu, in north-central Finland, has outlined a further 5.1 million oz. combined platinum group metals.

Gold Fields, Outokumpu expand Finnish PGM play

Feasibility, local support augur well for Arctic Platinum projectWith a mandate to grow and diversify geographically, management of South Africa’s Gold Fields (GOLD-Q) is optimistic about the potentia…




Lending Rates (April 15, 2002)

as of 4 pm ET, Apr. 9, 2002(%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.97LIBOR US$ 6-month2.23LIBOR US$ 1-year2.97Gold lease 3-month0.48Gold lease…



Battle for Lihir begins

Placer Dome (PDG-T) and South African giant AngloGold (AU-N) have already been named as possible combatants in the battle for the Lihir gold mine on the island of the same name, northeast of mainland …


Canabrava, Navigator resume drilling Kat

Canabrava Diamond (CNB-V) and Navigator Exploration (NVR-V) have returned to the Attawapiskat area of northern Ontario to drill-test a kimberlite target on their jointly held Kat project.The target si…


La Motte uneconomic: Soquem

We read with great interest your article on Raymor Industries (T.N.M., March 11-17). While very interesting, the article stated that a prefeasibility study funded by Soquem on the La Motte property, h…


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