Vancouver — The stalled permitting process at Glamis Gold’s (GLG-T) Imperial project in southern California got a boost after the Department of Interior’s Bureau of Land Management (BLM) reversed a l…
A study by TD Economics into the causes of gold’s misfortunes over the past two decades concludes that prices are likely to trend modestly higher in the coming years.The report, titled Gold’s Lost Lus…
A kimberlite discovery at the Kikerk Lake property in the north Slave Craton region of Nunavut has returned a significant number of microdiamonds.Ashton Mining of Canada (ACA-T) unearthed the Potentil…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 30/01 (change from Oct. 23 in brackets):Metalstock (tonnes)ChangeAluminium700175…
Ghana-based Ashanti Goldfields (ASL-N) saw its profits nearly double during the third quarter, thanks in part to increased production at its 50%-owned Geita mine in Tanzania.Earnings totalled US$14.5 …
Vancouver — A US$292-million writedown on the Getchell mine, near Winnemucca, Nev., pushed North America’s fourth-largest gold miner deep into the red during the third quarter.The one-time charge cau…
Vancouver — North America’s largest gold producer has tabled a solid third-quarter profit on the back of improved sales and a strong contribution from its Batu Hijau copper-gold mine in Indonesia.New…
When Echo Bay Mines (ECO-T) closed the Lupin mine in Nunavut in early 1998, few were taken by surprise. After all, the remote underground operation — difficult to reach and getting deeper every year …
Algoma Steel is expected to lay off 800-1,000 people from its workforce of 3,900.The layoffs are part of a plan of arrangement and reorganization filed under the Companies’ Creditors Arrangement Act (…
Precious MetalsPrice (US$/oz.)ChangeGold$280.95+$4.80Silver$ 4.28+$0.03Platinum$427.00+$…
With its decline more than half-finished, the Storliden project is taking shape as Sweden’s newest copper-zinc mine.Situated in the Skelleftea district, the project is owned by Swedish-based North Atl…
The annual convention of the Prospectors and Developers Association of Canada, slated for March 10-13, 2002, at the Metro Toronto Convention Centre, will feature a keynote session on exploration hot s…
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