El Callao district abuzz with activity
El Callao, Venezuela — It’s a story that would make a Goldcorp shareholder nod and smile in recognition: workers at a tired, high-cost underground gold mine in a historic gold camp drill into a new z…
Hecla Mining Company
Atna adopts mostly-gold strategy
Elko, Nev. — After years of trying to develop a string of base metal projects, Atna Resources (ATN-T) has reinvented itself as a gold explorer in Nevada’s Carlin trend.The company had tried to fund e…
Bolivar Gold fast-tracks Choco 10
El Callao, Venezuela — Newly listed in January, Toronto-based Bolivar Gold (BGC-V) has lost no time acquiring a prime, undeveloped gold asset and putting it on the fast track to be a producing mine b…
People (July 14, 2003)
Beartooth — Craig Smith appointed CFO.Brigadier Gold — Roger Dufresne and Robert MacGregor appointed to board of directors.Coeur d’Alene – James Arnold appointed VP of technical service…
US markets have tough week
If the U.S. equity markets were indeed beginning a bullish phase, then the trading period June 18-24 was another slide down the wall of worry. The Dow Jones industrial average gave back 213.17 points,…
Castleworth boosts Pan
Vancouver — According to a new resource estimate, Castleworth Ventures’ (WTH-V) Pan deposit in Nevada contains 467,000 oz. gold.The new figure, calculated by Reno-based Mine Development Associates, m…
Hecla advances Don Sergio
Having drilled off a modest resource, Hecla Mining (HL-N) plans to develop a satellite operation at Cerro Pedernalillo, 6 km from its San Sebastian silver mine in Durango state, Mexico.The new develop…
Miners have volatile week
U.S. stock markets advanced modestly over the five trading days May 7-13, with the Standard & Poor’s 500 index up 7.91 points at 942.30 and the Dow Jones industrial average 90.89 points higher at 8,67…
People (May 19, 2003)
America Mineral Fields — Gregg Sedun resigned from board of directors and as secretary.Amerigo — Klaus Zeitler appointed president; Seven Dean appointed chairman; Roger Moss appointed VP exploration…
Broad advance for US miners
The trading period April 30-May 5 was broadly positive for U.S. markets, with the Dow Jones Industrial Average advancing 85.37 points to 8,588.36 and the broader-based Standard & Poor’s 500 index up 1…
San Sebastian powers Hecla Mining
With gold and silver prices on the rise, and mining costs on the slide, Hecla Mining (HL-N) ventured further into the black during the first three months of 2003.The Idaho-based miner made US$6.7 mill…
Alcoa trims more workers
The biggest news of the week was Alcoa’s announcement it will cut production and staff at three smelters, in Rockdale, Tex., Massena, N.Y., and Ferndale, Wash.After cutting 10,000 jobs in 2002, the co…