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…
A sharp drop in the price of power, combined with downward-spiraling metal prices, had a negative impact on Teck’s (TEK-T) second-quarter results.The company, which, as a result of its recent merger w…
The latest results from reverse-circulation (RC) drilling at the Cukurdere project in central Turkey have confirmed previous values.Partners Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-…
Vancouver — Yet another junior producer feeling the pinch of historically low gold prices is Richmont Mines (RIC-T), which posted a loss of $4.35 million (or 29 per share) in the quarter ended June …
Harmony Gold and Goldfields have presented the National Union of Mineworkers (NUM) with a new offer in hopes of averting a strike at the companies’ South African mines, which employ about 50,000 worke…
Just days before its rights to the Nakety and Bogota nickel-cobalt concessions in the French Pacific territory of New Caledonia were set to expire, Argosy Minerals (AGY-V) announced it had brought Rus…
In the first half of the year, Toronto-based High River Gold Mines (HRG-T) produced a record amount of gold at lower costs at its 50%-owned New Britannia mine in Manitoba, and at the mines of JCS Bury…
Lower production and higher power costs at key mines took a bite out of Barrick Gold’s (ABX-T) second-quarter earnings, but the major says it still expects year-end earnings to ring in at about US70 …
Vancouver — Canada’s junior exchange lost ground over the report period ended July 31, with the mining index slipping considerably. The Canadian Venture Exchange composite index lost 10.69 points, or…
The Toronto Stock Exchange moved modestly higher during the report period July 25-31, adding 103.18 points to finish at 7,689.69, for a gain of 1.4%.Base metal shares outpaced the broad market with a …
Drilling by Altius Minerals (ALS-V) is under way at Bumble Bee Bight on the Robert’s Arm property in northeastern Newfoundland.Inmet Mining (IMN-T) is funding the program, which will include at least …
Denver — The Dow Jones industrial average climbed 281.69 points, or 2.8%, during the report period ended July 31 to close at 10,522.81, while spot gold on the Comex division of the New York Mercantil…
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