Yatela props up Iamgold
Thanks to newfound production from the Yatela mine in western Mali, Iamgold (IMG-T) set a production record in 2001.The company, which owns 40% of Yatela and 38% of its bigger sister, Sadiola, produce…
Thanks to newfound production from the Yatela mine in western Mali, Iamgold (IMG-T) set a production record in 2001.The company, which owns 40% of Yatela and 38% of its bigger sister, Sadiola, produce…
Looking to shift gears again, metal-explorer-turned-coal-miner AfriOre (AFO-T) intends to bring another South African coal operation into production with an eye toward becoming a gold producer.The com…
The most bullish of Bay Street’s gold bugs, John Ing of Maison Placements Canada, says we are about to enter a period of inflation that will dramatically improve gold prices in the medium term.In an O…
Toronto-based Orezone Resources (ORZ-T) has added the Seguenega gold project in Burkina Faso to its exploration portfolio in West Africa.In return for a 90% stake, Orezone issued 200,000 shares to Rep…
With production already in full swing at the Yatela gold mine in western Mali, all that remained to do was open the mine officially.Partners AngloGold (AU-N) and Iamgold (IMG-T) did that on Sept. 8, c…
Still buoyed by the performance of the Sadiola Hill mine in western Mali, Iamgold (IMG-T) has posted second-quarter earnings of US$2.6 million (or 4 per share) on revenue of US$15.2 million.Sadiola, …
Gold analysts have watched the yellow metal’s sluggish performance for several years now, with some keeping the faith better than others. John Ing of Maison Placements Canada still ranks among the mos…
Recent exploration has prompted Iamgold (IAM-T) to walk away from the FSC project, in South Africa, and consider a similar action at the Moeda and Retazos projects in Brazil and Ecuador, respectively….
Drilling by Orezone Resources (ORZ-T) and its Australian partner, Delta Gold, has intersected more near-surface gold at the Intidougou project in Burkina Faso.The partners sank 15 reverse-circulation…
West African explorer Etruscan Resources (EET-T) is expanding its presence in that region by acquiring properties in Mali and Ivory Coast.The Malian acquisition is the Djelimangara exploration permit …
Teck (TEK-T) is funding an exploration program at Orezone Resources’ (ORZ-T) Kantela gold property in Mali.The major can earn 60% interests in the Kantela and Shea gold properties (the latter is in Gh…
As the gold price rallies, only to sink again, the measure of a good gold project is less and less its production and more and more its operating margin. The need to make money in a small way is winni…
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