Inmet, Aur cancel merger
Aur Resources (AUR-T) and Inmet Mining (IMN-T) have broken off the planned merger they announced May 4.Short st…
Inmet Mining Corporation
Jericho reaches milestone with federal OK
The managers of
Aur, Inmet reach merger deal (May 17, 2004)
A merger-of-equals deal struck at the beginning of May will see
Fears cripple Toronto Stock Exchange
With the May 5-11 report period dominated by headlines heralding impending interest rate hikes, China’s decision to try to slow its sizzling economy, and soaring oil prices, one could hardly fault investors for bolting for the doors. And bolt they…
Inmet triples earnings on higher metal prices
Stronger metal prices and increased copper and zinc production helped Inmet Mining (IMN-T) more than triple its ear…
Gold rockets as Hamas founder murdered
Continued geopolitical unrest during the March 17-23 report period saw the price of gold continue to rebound, climbing another US$13.50 to finish at US$416.25 per oz. in the afternoon in London on March 23. The TSX’s gold index responded by jumpin…
Ok Tedi back to the old grind (March 19, 2004)
The mill at the Ok Tedi copper-gold mine in northwestern Papua New Guinea is back to full capacity following a two-…
Broad market rises as golds and base metals heat up
With strong support from the resource sector, the S&P/TSX composite index jumped 90.81 points over the Feb. 4-10 report period to end the week at 8,751.51.Gold rose US$6.60 in overseas trading to sett…
Ok Tedi suit settled out of court
A class-action lawsuit launched in Victoria state, Australia, against Ok Tedi Mines and BHP Billiton (BHP-N), has b…
Inmet’s Cayeli back on track
Cayeli, Turkey — Now that areas affected by last year’s cave-in have been fully rehabilitated and repaired, the Cayeli underground copper-zinc mine in Turkey is experiencing high production rates.The…
Discoveries lure Placer Dome, Meridian Gold to Newfoundland
St. John’s, Nfld. — With little fanfare, Barrick Gold (ABX-T) walked away from the much-hyped Botwood Basin in Newfoundland earlier this summer after spending some 15 months assessing the potential f…
Fury finds two zones at Windfall Lake
A new structural model drawn at Windfall Lake, in northwestern Quebec, seems to be holding up for Fury Explorations (FUR-V).Fury can earn a 37.5% interest in the property, which covers 534 ha (5.3 sq….