Poor choice of headline
Having been a long time reader of your publication, I am disappointed by how negative you can sometimes be about our industry.In particular, I draw your attention to the headline above an article deal…
2003
The Russian market
It is estimated a third of the world’s mineral reserves are in Russia, where the mining market is dominated by Norilsk Nickel, diamond miner Alrosa, and oil and gas giant Sakhalin. These companies inv…
Geomaque reworks Defiance deal with Aussie miner St Barbara
Under a revised plan, Geomaque Resources (GEO-T) will play a larger role in the creation of an international gold mining company.In January, Geomaque announced plans to merge with Australia-listed St …
Golds flat as broad market rebounds
The Toronto Stock Exchange’s S&P/TSX composite index advanced 27.56 points to end the April 2-8 report period at 6,438.71 as the U.S.-led coalition marched into Baghdad and raised hopes for a quick co…
Anglo greases drills at Boyongan project
Vancouver — Anglo American (AAUK-Q) is sending eight drill rigs to explore the Boyongan project in the southern Philippines. The property is held equally by Anglo American and Philex Gold (PGI-V).Ang…
Ivanhoe expands Far North with high-grade gold-copper zone
The discovery of deep high-grade copper-gold mineralization in stepout drilling on the Far North zone in Mongolia’s South Gobi region is changing the complexion of the Turquoise Hill project.Ivanhoe M…
Cheviot mine on hold
Poor markets for metallurgical coal have caused Fording Canadian Coal Trust (fdg.un-t) to suspend development at its Cheviot coal project near Hinton, Alta., until markets improve.Cheviot, which had b…
Northern Orion joins Wheaton
Vancouver — the Unidentified Third Party That Agreed to Share the Us$180-Million Price Tag for a 25% Stake in the Bajo De La Alumbrera Gold-Copper Project Has Been Unmasked. Northern Orion Exploratio…
Andes cuts new zone at San Jose
Vancouver — Spokane-based Minera Andes (MAI-V) has intersected a new zone of high-grade gold and silver mineralization at its San Jose project in southern Argentina.The best drill intercept returned …
Suncor unveils $3b expansion plan
Calgary-based integrated oil giant Suncor Energy (su-t) intends to spend C$3 billion to boost its projected daily oil-sands output to 330,000 barrels by the end of 2007 from 260,000 barrels in 2005.Th…
Glencairn plants itself at Bellavista
Miramar, Costa Rica — A strong sense of goodwill has gone a long way toward advancing the Bellavista gold project, about 3 km northeast of this small coastal community.In early 2002, Glencairn Gold (…
War jitters weaken junior exchange
Vancouver — Canada’s junior exchange drifted lower during the report period ended April 8, as investors elected to lighten their positions ahead of further geopolitical and economic developments. The…