Barrick up US$59m in Q2
Second-quarter earnings by Barrick Gold (ABX-T) were steady at US$59 million, as the company completed its first six months as a half-hedger in the gold market.Barrick’s profit of US11 per share came…
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IGI to open Toronto lab
The International Gemological Institute (IGI), based in New York, N.Y., will open a lab in Toronto to certify diamonds for the Canadian market.The Toronto lab will include seven Canadians and three IG…
More miners killed in China
A gas explosion has killed 18 miners at an unlicensed pit in China’s southwestern province of Guizhou, and seven more miners were injured in another blast at the nearby Taojiawan coal mine.The latest …
Pacific Minerals confirms grades (August 05, 2002)
Vancouver — The first nine holes of a planned 2,500-metre underground drill program on the JBS platinum-palladium-nickel-copper deposit in southwestern China have returned high-grade values for opera…
Trading Summary (August 02, 2002)
The gold index was the leading mover and shaker on the Toronto Stock Exchange on the Friday before the long weekend…
Placer Dome, AurionGold squabbling continues
Placer Dome (PDG-T) says it is disappointed by AurionGold’s continued rejection of its unconditional cash-sweetened…
St. Jude cuts bonanza grade at South Benso (August 02, 2002)
Vancouver — St. Jude Resources (SJD-V) and joint venture partner Montreal-based Fairstar Explorations (FFR-T) have…
Sadiola debt retired, earnings down
Junior producer Iamgold (IMG-T) is eyeing “significantly” higher cash flow now that all remaining debt relating to…
Pacific Rim cuts high-grade at El Dorado (August 02, 2002)
Vancouver — Pacific Rim Mining (PMU-V) has cut high-grade gold at its El Dorado gold project located in El Salvado…
Trading Summary (August 01, 2002)
The gold index was stood out from the pack on the Toronto Stock Exchange on Thursday posting a 3.23-point or plus-2…
Arctic resources snowball (August 01, 2002)
Drilling by South Africa’s Gold Fields (GFI-N) and Finnish-based Outokumpu has boosted the resources estimate at th…
Northgate takes a shine to Brenda
Vancouver –Northgate Exploration (NGX-T) has inked a deal with Canasil Resources (CLZ-V) to earn a majority intere…