Calgary-based Newmex Minerals (NMM-V) has acquired an option to earn a 32% interest in the Borealis gold-siler propery in Nevada’s Mineral Cty.Owned 68% by Nevada-based Golden Phoenix Minerals (GPXM-Q…
Despite an increase in gold production, Glamis Gold (GLD-T) was unable to turn a profit in 1999. The company posted a loss of US$21.3 million (or US33 per share) on revenue of US$57.5 million, compar…
Canadian production of diamonds, potash, refined copper and zinc rose between December 1998 and December 1999, whereas output of uranium, primary copper and zinc, lead, nickel, gold and silver was dow…
Mid-tier gold producer Viceroy Resources (VOY-T) has struck a deal to explore a highly prospective gold-bearing horizon on properties immediately south of its Bounty mine in Western Australia.Under an…
Seeking to expand known copper-zinc mineralization and possibly snare a Buchans lookalike, Thundermin Resources (THR-T) and joint-venture partner Queenston Mining (QMI-T) have started a further phase …
Rising metal prices helped Billiton, the world’s third-largest aluminum producer, post a profit of US$241 million for the first half of the major’s fiscal year. Profits for the 6-month period ended De…
As part of a $120-million divorce settlement, Charles Fipke has agreed to transfer all his shares in Dia Met Minerals (DMM-T) to his former wife. The agreement makes Marlene Fipke the largest single s…
Stronger production and higher realized prices enabled marine diamond miner Namibian Minerals (NMR-T) to post a tidy profit in 1999.Earnings topped US$17.1 million (or 43 per share) on 1999 revenue o…
Junior Altoro Gold (ATG-V) has tabled encouraging rhodium assay results from drill core pulled from the Pedra Branca platinum-palladium project in Brazil.Half of the samples were derived from the Esba…
Following a visit to the newly opened El Peon gold mine in Chile, National Bank analyst Kerry Smith has issued a “focus buy” recommendation for the mine’s owner and operator, Meridian Gold (MNG-t).”T…
Junior Atna Resources (ATN-T) has purchased a 66.7% interest in the Marg polymetallic property, near Mayo, Y.T., for $250,000. (The remainder is held by uranium giant Cameco (CCO-T)The property hosts …
Channel-sampling by St. Elias Minerals (SLI-V) has outlined a promising gold zone at the Cueva Blanca property in western Peru.The 110-sq.-km property covers a large epithermal alteration system in th…
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