News



Kinross takes huge writedown

Kinross Gold (K-T) will take a writedown of US$216 million against its fourth-quarter results.The writedown consists of US$104.6 million from the company’s merger with Amax Gold, US$46.9 million on th…


Junior plans Quebec program

An exploration program is being planned by Tom Exploration (TUM-M) for the le Lefebvre copper-zinc property in Quebec’s Chibougamau mining district.The junior intends to drill the newly acquired prop…


Almaden stakes Alaskan ground

Almaden Resources (AMH-V) and Williams Creek Explorations (WCX-V) have jointly staked a 13,120-acre claim block in the Goodpaster gold mining district of east-central Alaska.The Sonora claim block adj…


DIAMOND PAGE — De Beers signs deal with Verena

An agreement between Verena Minerals (VMCO-C) and a unit of De Beers Consolidated Mines (DBRS-Q) sets the stage for ongoing exploration of Verena’s Porto Nacional concession in Brazil’s northern state…



Eldorado posts 9-month loss, writedown

Eldorado Gold (ELD-V), which operates mines in Mexico and Brazil, suffered a writedown of US$100 million in the third quarter as a result of low gold prices.The total writedown includes US$39.2 millio…


Inuvialuit get reprieve from Senate

An aboriginal group from Canada’s Northwest Territories is continuing its efforts to amend the boundaries of a proposed park covering a portion of their territory believed to be prospective for nickel…


Moss acquires discovery

A copper-silver-gold discovery near Quebec’s Val d’Or mining camp has caught the eye of Moss Resources (MRS-T).The Toronto-based junior recently signed an agreement to acquire 30 claims in Denain Twp….


Meetings (December 14, 1998)

Dec. 14, Cabo Dec. 14, Concho Dec. 14, High Desert Dec. 14, Leader Dec. 14, Ontex Dec. 15, Aurogin Dec. 15, Barramundi Gold Dec. 15, Brownstone Dec. 15, Caldera Dec. 15, CKD Dec. 15, Cons. Texas Dec. …


Greenstone weathers storm in Central America

Gold miner Greenstone Resources (GRE-T) has reported less-than-catastrophic hurricane damage to its facilities in Central America.Damage caused by Hurricane Mitch at the Cerro Mojon mine in Nicaragua …


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