News

A view of the existing workings at Rosia Montana, as seen in 1999.

Projected costs rise for Gabriel’s Rosia Montana

Investors in Gabriel Resources (GBU-T) received a rude shock in late February as the company announced a US$181-million rise in projected costs for its 80%-owned Rosia Montana gold project in Romania….


Tenke advances Alto Rico (March 24, 2003)

Vancouver — Tenke Mining (TNK-T) has tabled encouraging early results from its geophysical program at the low-sulphidation epithermal gold-silver prospect known as Alto Rico, in the Argentine portion…




Lakota clears title on Tanzanian property

An agreement with its Australian partners has permitted Lakota Resources (YLA-V) to consolidate its ownership of the Ikina Reefs property in the Lake Victoria area of Tanzania.The 25-sq.-km property i…


Inco and LionOre strengthen ties

Already sourcing nickel in concentrate from LionOre Mining’s (LIM-T) Emily Ann mine in Western Australia, Inco (N-T) has agreed to another life-of-mine off-take agreement on the junior’s nearby Maggie…




Geoscientists bridge gap

Can geologists bridge the gap between Islamic countries and the West?Osman Shinaishin, a National Science Foundation senior officer who funds geoscience projects, thinks so. A native of Egypt who came…


Flat TVs depend on silver

The large-screen flat-panel-display (FPD) television sets featured in home entertainment showrooms rely on a new technology wholly dependent on silver.The FPD model has been on the market for four yea…


First Quantum trims its losses

A reduction of its interest in a money-losing subsidiary enabled First Quantum Minerals (FM-T) to trim its losses in 2002.For the 13 months ended Dec. 31, the copper miner recorded a loss of US$3.8 mi…



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