Survival in September
Survival 2001, a conference on how to cut costs and increase productivity at mining operations, is slated for Sept. 10-11 at the Airport Hilton Hotel in Toronto.Speakers will present case studies, amo…
Kinross Gold Corporation
Rate cuts power Toronto rise
Strong gains among the interest-sensitive sectors helped move the Toronto Stock Exchange up over the period Aug. 22-28. The Bank of Canada took advantage of recent easing by the Federal Reserve Bank t…
Wheaton looks north as Golden Bear naps
With little ore left to tap at its Golden Bear mine in northwestern British Columbia, Wheaton River Minerals (WRM-T) saw its earnings slip to $525,000 in the three months ended June 30.The profit, whi…
Golds evade Toronto stock slide
The Toronto gold stocks were higher over the report period Aug. 8-14, picking up substantial gains as the rest of the market declined. The Toronto Stock Exchange’s TSE 300 composite index was down 166…
Placer’s Cristinas deal stirs up controversy
Although trading volumes were low during the holiday-shortened report period of Aug. 1-7, there were nonetheless several developments in the Canadian mining scene.Reuters reported that Venezuelan stat…
Kinross improves bottom line
Although still mired in the red, Kinross Gold (K-T) has lessened the load by increasing production and lowering cash costs at all of its primary operations.Losses in the three months ended June 30 tot…
Kinross to test depth of Goose (August 06, 2001)
Kinross Gold (K-T) has begun drilling at the Goose Lake deposit of Wheaton River Minerals (WRM-T). It is the largest of six deposits that constitute the George Lake project in Nunavut.Kinross can earn…
Placer Dome shuffles off Las Cristinas to Vannessa
While gold prices sat in a listless, US$265-per-oz. funk during the July 11-17 report period, there was a flurry of news from Canada’s biggest gold miners.Placer Dome announced an eleventh-hour deal t…
Analyst sees best buys at bottom of food chain
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…
UK gold auction gives producers a lift
Hammered by poor showings in the industrial products sector, the Toronto Stock Exchange 300 index tumbled 189.63 points over the five trading days to end the July 4-10 period at 7,558.69.Gold dropped …
Conquest picks up gold producer
Buying-in when political risk is at its highest is permitting Conquest Resources (YQR-V) to assemble a large land package in Zimbabwe’s Midlands gold field.Conquest, which has already acquired five fo…
X-Cal, Kinross extend deal Prairie Creek
A newly extended agreement with Kinross Gold (K-T) allows X-Cal Resources (XCL-T) to acquire 100% of the Sleeper gold project in Nevada.X-Cal will pay 500,000 shares to Kinross as consideration for th…