Uranium giant helped by gold
Increased earnings from its gold business helped Cameco () boost fourth-quarter earnings by 36% despite flat revenues.During the three months ended Dec. 31, 2003, Cameco earned $30 million (or 53 per…
News
Pacific Minerals expands 217 project
Vancouver — Pacific Minerals (PMZ-V) has tabled a new, independent estimate of the gold resource at the 217 open-pit project in Inner Mongolia.The estimate, prepared by Westervelt Engineering of Vanc…
Revised numbers pave way for new study at Chapada
Revised resource and preliminary reserve estimates for the Chapada copper-gold project in Brazil’s Goias state will provide the basis for a new feasibility study planned by Yamana Gold (YRI-T).The rev…
People (February 02, 2004)
Alcan — Michael Hanely appointed president and CEO of Alcan Bauxite and Alumina; Michel Jacques appointed president and CEO of Alcan engineered products; Christel Bories appointed president and CEO o…
Trading Summary – TSX (January 30, 2004)
A US$4-per-oz. rise by gold helped Toronto’s gold stocks regain 3.67 points to end Friday’s trading session at 203.
Meadowbank grows for Cumberland
With some 21,000 metres of diamond drilling under its belt form 2003, Cumberland Resources (CBD-T) has boosted meas…
West African rains dampen Iamgold’s output
All in all, 2003 was a productive year for Iamgold (IMG-T), which cranked out 421,000 attributable ounces at a weig…
Mano River, DiamondWorks fancy Sierra Leone’s diamonds
Sierra Leone’s Ministry of Natural Resources has awarded London-based explorer Mano River Resources (MNO-V) an excl…
Majescor adds ground in Lac de Gras area
Majescor Resources (MAJ-V) has inked a deal to acquire Tyler Resources’ (TYS-V) interests the Carat and Kelsey diam…
Teck ups Highland Valley Copper stake
With the ink just drying on a new three-year labour deal, Teck Cominco (TEK-T) says it will boost to 97.5% its stak…
Red Back expands Chirano (January 29, 2004)
Perth, Australia-based Red Back Mining figures its latest round of drilling has boosted the size and economics of i…
Freewest closes $550,000 financing
Vancouver — Freewest Resources Canada (FWR-V) has completed a private placement with Teck Cominco (TEK-T) by issui…