IAMGOLD Corporation

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…

Denver — A solid operating performance by AngloGold (AU-N) in the first quarter translated into income of US$43 million (or 40 per share), compared with a loss of US$18 million (16 per share) in th…

Ottawa-based Orezone Resources (ORZ-T) has picked up an option on the Kantela property, which adjoins the producing Sadiola Hill gold mine in western Mali.The deal, with a private syndicate, gives the…

When AngloGold (AU-N) was established in early 1998, it sought to transform itself from a company with aging South African mines and few growth opportunities into to a company with a broad portfolio o…

Western Mali’s Sadiola Hill gold mine, owned by AngloGold (AU-N), Iamgold (IMG-T), and the Malian government, has finished a record year of production.Sadiola poured 611,442 oz. gold in 2000, a record…

Vancouver — Markham, Ont.-based Iamgold (IMG-T) continues to post profits, thanks to record production during the third quarter.The company holds a 38% stake in the Sadiola gold mine through Mali-bas…

Denver — In response to low gold prices, Randgold Resources has suspended mining operations at the Syama gold mine in southern Mali. The company, a subsidiary of Randgold & Exploration Co. (RANGY-Q),…

For US$205 million in cash and help in obtaining project financing, AngloGold (au-n) has struck a preliminary deal to buy a 50% interest in Ashanti Goldfields’ (ASL-N) Geita gold project in Tanzania.T…

The world’s largest gold producer has set its sights on several prospective areas of South America as part of an ongoing effort to expand beyond its operating base in South Africa.In the past year, An…

Southern Metals (SUH-V) has begun a core drilling program at the Paccha gold property in southwestern Ecuador in an effort to test high-grade structures.The junior is earning a 70% interest in the pro…