News



Agnico-Eagle reports second-quarter loss

Lower gold prices and production, as well as reduced interest income, led to a loss for Agnico-Eagle Mines (age-t) in the second quarter.The company recorded a net loss of $1.2 million (or 3 cents per…



International Pursuit joins White Knight in Nevada

International Pursuit (ipj-t) has signed an agreement-in-principle to acquire interests in two Nevada gold properties of White Knight Resources (wkr-v).White Knight, which holds properties in Nevada’s…


Restructuring fills Minorca’s coffers

A stock restructuring program has given Minorca Resources (mar-t) an influx of $67 million for potential project development.Eleven million special warrants were issued on March 13, and holders of 10….




Rains force work suspension at Poura

A flash flood has caused Sahelian Goldfields (shgi-c) to suspend its underground rehabilitation and development program at the Poura gold mine in Burkina Faso.Sahelian reports that 70 mm of rain, fall…


Cumberland ups holding in Meadowbank

Vancouver-based Cumberland Resources (cbd-t) has completed its previously announced acquisition of a further 40% interest in the Meadowbank gold project from Comaplex Minerals (cmf-t) (T.N.M., June 30…


Soup project canned in British Columbia

Based on results from this year’s drilling program, Vital Pacific Resources (vpr-v) has decided not to carry out a second phase of drilling at the Soup gold-copper property in northern British Columbi…



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