MacMillan Gold sews up Cerro de Oro surface rights
It’s a sort of rent-to-own. Seeking security of tenure over surface rights at the Cerro de Oro gold and silver prop…
2004
TSX rejigs tickers
The TSX Group (X-T) is taking steps to clarify the much-maligned multiple and subordinate classes of shares that no…
Russia’s Mechel Steel prices IPO, begins trading
Just hours before the opening bell, Russian steel maker and base-metal miner Mechel Steel (MTL-N) set the price of…
Denton-Rawhide pit eyed as garbage dump
Vancouver – The Denton-Rawhide joint venture hopes to generate millions in tipping fees through a new deal that cou…
Xstrata bids for WMC (October 28, 2004)
Swiss-based, diversified base metal miner Xstrata (XTA-L) has launched a hostile, all-cash offer for the world’s th…
Placer posts US$148-million Q3 profit
Vancouver – It gold mines on track for 2004 operational targets, Placer Dome (PDG-T) saw third quarter earnings of…
Alexis hitting high grade at Lac Herbin
Assays are back from a 7,900-metre drill program that will expand the gold resource at Alexis Minerals’ (AMC-V) Lac…
Newmont’s 3rd Quarter Results boosted by gold
Newmont Mining (NEM-N) has increased its third quarter net income by US$14.3 million compared with last year.Bo…
Equinox looks to develop Lumwana
A change in the development plan at the Lumwana copper project in Zambia promises to reduce capital costs for opera…
Gold Fields circles the wagons (October 27, 2004)
In its latest gambit to derail Harmony Gold’s (HMY-N) unwanted advances, Gold Fields (GF-N) has asked South Africa’…
Northgate sees record third quarter
Vancouver – Buoyant gold and copper prices have given Northgate Minerals (NGX-T) record quarterly income of US$10 m…
Centerra’s first quarter turns out well (October 26, 2004)
Newly minted gold producer Centerra Gold (CG-T) has shown good form out of the gate, earning US$28.7 million on rev…