Barrick takes stake in Midway Gold (May 29, 2006)
Vancouver — In what has become an increasingly common strategy among majors, Barrick Gold (ABX-T, ABX-N) will participate in a financing by Nevada-focused explorer Midway Gold (MDW-V, MDWGF-O)….
Gold
Nevsun ships gold from Tabakoto
Vancouver — The first shipment of gold produced from the commissioning phase of the Tabakoto open-pit mine in Mali, West Africa, has elevated Nevsun Resources (NSU-T) to the ranks of junior gold prod…
Bema’s losses up, despite higher gold output
Vancouver — Record quarterly revenue and gold production was not enough to quell the red ink for Bema Gold (BGO-T, BGO-X, BAU-L), which posted a first-quarter loss of US$35.5 million, or 8 per share…
Eldorado pours first gold at Kisladag
Vancouver — Eldorado Gold’s (ELD-T, EGO-X) Kisladag mine in western Turkey is now producing, having recently poured its first gold following placement of 1.4 million tonnes of ore on the leach pads e…
Osisko extends Canadian Malartic mineralization (May 29, 2006)
Abitibi explorer Osisko Exploration (OSK-V, OSXLF-O) has finished off another phase of drilling at the Canadian Malartic gold project south of Malartic, Que., with indications of more mineralization t…
Mongolian President fails to veto new tax
Vancouver – Mongolia’s President Nambaryn Enkhbayar has opted for the populist course of strong nationalism and dec…
Linear cuts new gold at Ixhuatan
An initial pair of holes collared some 450 metres southwest of the Campamento gold deposit on the Ixhuatan project,…
Red Lake, Campbell see layoffs (May 26, 2006)
Goldcorp (G-T, GG-N) has started staff reductions at the Red Lake and Campbell mines in Balmertown, Ont., beginning…
Nautilus samples deep-sea deposits (May 25, 2006)
Vancouver – Ocean-floor explorer Nautilus Minerals (NUS-V, NUSMF-O) has returned high-grade copper-gold values from…
Miramar drill results from Hope Bay
Miramar Mining (MAE-T, MNG-X) issued its first results from the 2006 exploration program at its Hope Bay Project in…
New Gold hits deeper mineralization at Afton (May 25, 2006)
Vancouver – Underground drilling by New Gold (NGD-T, NGD-X) on its New Afton copper-gold deposit, just west of Kaml…
Cornerstone-Coastport cut high-grade massive sulphides at La Plata
Vancouver – This year’s initial step-out drill hole by joint venture partners Cornerstone Capital Resources (CGP-V,…