Merger trio almost in black
Two of the three mid-tier gold producers planning a friendly merger made money in the third quarter of 2002, but the biggest, Kinross Gold (K-T), is still in the red.Echo Bay Mines (ECO-T) made US$3.7…
Fort Knox Operation
Freegold looking to feed Fort Knox
Fairbanks, Alaska — With what appears to be an upturn in the gold market, International Freegold Mineral Development (ITF-V) is focusing its exploration efforts on Alaska.The company’s flagship prope…
Refugio’s fate in doubt as losses mount
Despite the best efforts of partners Kinross Gold (K-T) and Bema Gold (BGO-T), the Refugio mine in Chile’s Maricunga district seems unable to turn a profit in today’s brutal price environment.Represen…
EXPLORATION ’99 – NovaGold outlines targets near Pogo
NovaGold Resources (NRI-T) has identified three drill targets at the Caribou project, 40 km northwest of the promising Pogo deposit in the Tintina gold belt of Alaska.Caribou comprises about 48 sq. km…
Careers (October 11, 1999)
Endako MinesBag 4001, Fraser Lake, B.C. V0J 1S0…
Resource grows at Timmins project
The Hoyle Township project owned by Black Hawk Mining (BHK-T) east of Timmins, Ont., has a substantial gold resource and could be economic at improved gold prices, according to a recent report.The stu…
Kinross throws in towel at Macassa
The Macassa mine in Kirkland Lake, long Canada’s deepest mine and still the country’s deepest gold mine, has closed its doors at the ripe age of 66.The mine’s operator, Kinross Gold (K-T), will contin…
PRECIOUS METALS — Newmont picks up Alaskan gold play
The Alaskan subsidiary of Newmont Mining (NEM-N) has optioned the Gold Dust property in the Tintina gold belt of eastern Alaska from Vancouver’s Great Quest Metals (GQ-V).Newmont Alaska can buy the 5,…
Size matters for Kinross Gold — Good year at Amax operations balances bad one at Hoyle
Even as it expanded production and reduced costs, Kinross Gold (K-T) suffered the effects of low gold prices. The Toronto-based company incurred a loss both for 1998 and the first quarter of 1999.Foll…
Careers (April 26, 1999)
KINROSS GOLD CORPORATION,p>Kinross Gold Corporation is an entrepreneurial mining company, which in a span of just over five years has become a million-once gold producer. With seven primary, low cost …
Kinross tightens grip on Fairbanks district
Newmont Mining (NEM-N) is selling its 65% interest in Alaska’s True North gold project to Kinross Gold (K-T) for US$28 million.As a result, Kinross, which already owns a minority stake in the 10,000-a…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Gold industry transforms
The years 1997 and 1998 were trying times for the U.S. gold industry. Gold prices fell to an 18-year low and were clearly the driving force behind changes in the industry. This price decline spurred e…