Vancouver — DRC Resources (DRC-T) has tabled results from two infill holes drilled at its Afton copper project, near Kamloops, B.C.The two holes were collared near previous hole 2K01-49 and are part …
High River Gold (HRG-T) has finished 2002 with earnings of $1.7 million, an improvement over 2001 when asset writedowns left it with a loss for the year.Earnings for 2002 amounted to 2 per share but …
Anaconda Gold (ANX-V) has inked a deal to acquire up to a 60% stake in New Island Resources’ (NIS-V) Pine Cove gold project, near Baie Verte, Nfld.New Island Resources is based in St. John’s, Nfld.Tor…
Barrick Gold (ABX-T) has budgeted up to US$500 million for a share buyback program aimed at propping up its faltering share price.The world’s third-largest gold producer plans to buy up to 35 million …
Florida Canyon Mines, a subsidiary of Denver, Colo.-based Apollo Gold, has joined forces with the Nevada Division of Wildlife (NDOW), the Bureau of Land Management (BLM), and Bat Conservation Internat…
Kinross Gold says it will lay off 75 workers at the Lupin gold mine, 80 km south of the Arctic Circle in Nunavut.The miner posted a US$13.3-million loss in the recent quarter and says the layoffs woul…
Anglo American and Gold Fields have rebuffed an offer by Anglican Archbishop Ndungane Njongonkulu to mediate in a lawsuit against the companies for alleged human rights abuses during apartheid.Anglo a…
Annual meeting season has seen some of its usual theatrics and high jinks this year, but one theme has popped up in several places: shareholders, especially large ones, are tired of capital structures…
You don’t need hyperspectral imaging or the latest in magnetotellurics to figure out that the impact of consolidation on exploration has been substantial. The last half-decade has been one of the hars…
Vancouver — Southwestern Resources (SWG-T) has tabled further encouraging results from the Boka gold project in the southern Chinese province of Yunnan.The latest drilling was focused on the area kno…
Montreal, Que. — The technical sessions at the recent convention of the Canadian Institute of Mining, Metallurgy and Petroleum began with a 2-day symposium on the country’s iron ore industry, which h…
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