Vancouver — As impressive drill results keep rolling in from the Boyongan copper-gold prospect in the Philippines, reconnaissance drilling to the south continues to yield indicators of a second miner…
Inmet Mining (INM-T) has discovered a high-grade zinc-copper massive sulphide deposit in the Northeastern Goldfields region of Western Australia, the same area where LionOre Mining International (lim-…
The Dow Jones Industrial Average had an anything-but-average week, shedding 2.7% to finish the March 20-26 period at just over 10,353 points. The Standard & Poor’s 500 was also down an equivalent perc…
Exploration in Australia is at its lowest level in two decades, but this belies the country’s geological potential, Robert Champion de Crespigny told delegates attending the annual convention of the P…
U.S. markets enjoyed a small boost over the March 13-19 report period, with the Dow Jones Industrial Average rising 2.9 points to finish at just over 10,635 and the Standard & Poor’s 500 adding 4.7 po…
Vancouver — Drilling at the Boyongan copper-gold prospect in the Philippines has returned impressive values for partners Anglo American (AAUK-Q) and Philex Gold (PGI-V).Hole 35 was drilled 80 metres …
The biggest news during the report period was Anglo American’s revelation that it had spent US$701 million last year increasing its stake in Anglo American Platinum to 59.6% from 50.1%. The strategic …
Aussie laterite nickel miner Anaconda Nickel, engaged in talks with bond holders amid fears it may default on a US$420-million bond series, announced a large half-year loss that was echoed on the book…
Vancouver — Mining companies willing to face considerable political risks have been rewarded with impressive exploration results in the Philippines. However, advancing discoveries to the development …
Drilling by Anglo American (AAUK-Q) to test an electromagnetic conductor on the Aripuana property in northern Mato Grosso state, Brazil, has intersected sulphide mineralization along strike from two z…
De Beers saw its profits halved in 2001 as the global economic downturn took its toll on rough diamond sales.The major’s core business is the mining and marketing of rough gem diamonds. Hampered by th…
With fewer writedowns and a merger under its belt, Barrick Gold (ABX-T) finished 2001 with modest earnings in contrast to the loss it took in 2000. But the big gold producer had other news to deliver:…
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