News

Michael Ross, Ryan Hanson, Souhail Abi Farrage and Glen Macdonald appointed directors.

Believing there is potential to double the current resource of 220,000 contained ounces, Energold Mining (EGD-V) has embarked on a minimum 50-hole drill program on the Higo gold concession in the Domi…

George Plewes appointed director.

Coeur d’Alene Mines (CDE-N) and Australian-listed Sons of Gwalia are selling the Indonesian asset of Gasgoyne Gold Mines, an Australian-based company they are in the process of acquiring.Gasgoyne will…

Australia and Brazil are expected to remain the dominant exporters of iron ore, according to a report conducted by Sydney, Australia-based AME Mineral Economics.The study estimates operating costs for…

Toronto-based Inter-Rock Gold (IRO-T) has poured its first gold from the Daisy mine in Beatty, Nev.The gold, totalling 439 oz., was poured at Rayrock Yellowknife Resources’ (RAY-T) Marigold mill in no…

Coal may not be the most glamorous commodity mined in North America, but, in some parts of this continent, it is the most valuable.British Columbia is a case in point. The province’s existing coal ope…

The Mining Association of Canada (MAC) reports that 31 of its member companies have reduced their emissions of 12 major substances by 68% since 1988.These reductions are close to the 71% target origin…

Gold Funds as of January 2, 1997BGRCentralNet Value$22.29$6.13Price$16.20…

ExchgVol(000s)CloseMaymac ExpV87910.27TVX Gold IncT…

In South Africa, Botswana Diamondfields (BWD-V) is cleaning up after a mud slide that killed 20 people at its Rovic diamond mine in late November.The Vancouver-based company has launched a recovery pr…

Infill drilling by Kinross Gold (K-T) on the Main zone of the Goldbanks project, near Winnemucca, Nev., indicates a substantially larger gold resource than previously estimated.The new figure, estimat…