The introduction of the Euro-dollar by the European Monetary Union has experts speculating about the role of gold in the world economy. The World Gold Council has suggested that rivalry between the U….
Operator Atna Resources (ATN-T) and partner Energold Mining (EGD-V) have launched a 7-hole, 2,000-metre drill program on the San Antonio-1 concession in the Dominican Republic.The program will test th…
An option agreement with Cambior (CBJ-T) sets the stage for another round of exploration at Eastmain Resources’ (ER-T) Lac Elmer gold project, 300 km north of Matagami in northern Quebec.The Quebec mi…
Weak copper prices combined with a $6.6-million writedown on certain securities, properties and exploration costs resulted in a loss for Aur Resources (AUR-T) in 1998.The company posted a loss of $2.5…
A 36-hole shallow drill program by Holmer Gold Mines (HGM-T) has permitted a new resource calculation at the company’s Bristol Twp. project, west of Timmins, Ont.Holmer’s new estimate of 1.96 million …
Mindoro Resources (MIO-A) has extended a large epithermal gold system at the Tigris property on the Indonesian island of Sumatra.The gold system now measures more than 5.8 by 2.5 km, with multiple zon…
David Baker, vice president of Newmont Gold, will speak at the joint luncheon of the Prospectors & Developers Association and the Canadian Institute of Mining, Metallurgy and Petroleum, to be held Mar…
Shareholders of La Teko Resources (LAO-T) have voted 99% in favour of a proposed merger with Kinross Gold (K-T).Stockholders will receive 0.4 of a Kinross share in return for each La Teko share.La Tek…
Freeport-McMoRan Copper & Gold (FCX-N) has boosted proven and probable reserves by 12% at its Grasberg copper-gold mine in Irian Jaya, Indonesia.The figure now stands at 2.48 billion tonnes grading 1….
Auspex Minerals (APJ-V) and partner International Vestor Resources (IVS-V) have raised up to US$5 million to finance an ongoing feasibility study of the Aljustrel base metal project in Portugal.Resour…
Aber ResourcesAfriOreAlberta EnergyAltai ResourcesAmgoldAnglo AmericanAnglogoldArgentina GoldArizona Star ResourceAscot ResourcesAshanti GoldfieldsAshton Mining Of CanadaAshton MiningAtna ResourcesAur…
The Dow Jones industrial average climbed 247.39 points over the report period ended Feb. 23, to 9,544.42 — 100 points shy of a new high.Mining issues were mixed. Most copper producers continued to su…
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