Foxpoint fires up Macassa
Foxpoint Resources (FPR-V) has resumed gold production at the Macassa mill in Kirkland Lake, Ont.On a daily basis, the mill is running through 1,100 tons of tailings from the Lakeshore property. The t…
2002
Concentrator boosts PGM output at Lac des les
With the new concentrator at its Lac des les mine in Ontario nearing capacity, North American Palladium (PDL-T) almost tripled production during the first quarter.The concentrator received more than …
Rhonda perseveres at Coronation Gulf
Rhonda (RDM-V) is encouraged by results from glacial till sampling at the Inulik property in the north Slave Craton region of Nunavut.Two samples, 1.4 km apart, returned kimberlite indicator mineral c…
Kemess heads to mediation
About 300 unionized production and maintenance workers at Northgate Exploration’s (NGX-T) Kemess South gold-copper mine in British Columbia have rejected a recently negotiated 3-year collective agreem…
Trading Summary (May 17, 2002)
The S&P/TSX Composite Index slipped 11.08 points to finish the week off at 7,727.03 points. The Gold Index was the…
Moneta busy at Golden Highway
Moneta Porcupine Mines (ME-T) has cranked up exploration on its Golden Highway project on the Destor Porcupine faul…
Writedowns sink Ivanhoe in 2001
Ivanhoe Mines (IVN-T) ended 2001 with a net loss of US$85 million thanks to US$59.2 million in writedowns on its ir…
Anglo’s Zambian exit draws nearer
The government of Zambia said on Friday that it had agreed to a basic framework for the exit of Anglo American (AAU…
European Goldfields eyes $13.5 million
European Goldfields (EGU-V) has reached a deal with Dundee Securities and Sprott Securities to complete a best effo…
Trading Summary (May 16, 2002)
All of the Toronto Stock Exchange’s subindices finished modestly higher on Thursday. The Gold index led the way wit…
Bema, Kinross win US$20 m at Refugio
An arbitrator has ruled in favour of equal partners Kinross Gold (K-T) and Bema Gold (BGO-T) in a case related the…
TVX eyes exits in Greece
TVX Gold (TVX-T) has posted first-quarter net earnings of US$1.5 million (nil per share) on revenues of US$44.7 mil…