Meridian profits from El Peon
Reno-based Meridian Gold (MNG-T) made a net profit of US$36.8 million in 2003, reflecting the stellar operating performance of the El Peon mine, 160 km southeast of Antofagasta in Chile.The high-grad…
News
Canada overtakes South Africa in diamond value
With two diamond mines already established and three projects at the permitting stages, Canada will surpass South Africa this year in terms of diamond production value and move into third place, behin…
Ivanhoe honoured for Oyu Tolgoi
Ivanhoe Mines (IVN-T) Chairman Robert Friedland has been known to wax eloquently about his company’s mining projects scattered throughout the globe but before he took the stage at the annual awards ce…
StrataGold to drill Hyland
A $700,000 drilling program is planned for the “Carlin-type” gold project known as Hyland, 70 km northeast of Watson Lake, Y.T.Owner StrataGold (SGV-V) will perform the drillling, which is to be funde…
Trading Summary (March 19, 2004)
The Toronto market was in positive territory on Friday, as the TSX Composite index added 27.91 points to finish the…
Claude bumps resource at Seabee
The Seabee gold mine in northern Saskatchewan replaced its reserves and outlined a significantly larger inferred re…
Robex to raise money for Lacorne and Kolomba
Vancouver — Robex Resources (RBX-V) has arranged a private placement that will raise between $750,000 and $2.5 mi…
Ontzinc checks extensions at Balmat
Underground drilling by Ontzinc (OTZ-V) at the Balmat zinc mine in upstate New York has confirmed extensions of kno…
Ok Tedi back to the old grind (March 19, 2004)
The mill at the Ok Tedi copper-gold mine in northwestern Papua New Guinea is back to full capacity following a two-…
Pacific North West Capital raises $2 million
Vancouver — Pacific North West Capital (PFN-T)has arranged a non-brokered private placement for a gross proceeds o…
Trading Summary (March 18, 2004)
Thursday saw a US$8 increase in the gold price, possibly fed by increasing worry over terrorism. That translated in…
OSC may probe Agnico-Eagle (March 18, 2004)
After the closing bell on March 18, gold miner Angico-Eagle Mines (AGE-T) revealed that the Ontario Securities Comm…