Outokumpu to divest copper
Outokumpu (OUTOF-O) has put its copper businesses up for sale.It plans to divest itself of copper products and…
Europe
Gabriel soars on Newmont subscription (August 30, 2004)
Shares in Gabriel Resources (GBU-T) shot up as much as 54% to $2 in mid-afternoon trading in Toronto on Aug. 30, af…
Ovacik mine shut down – sale on hold
Vancouver – The recent shut down of Newmont’s (NEM-N) Ovacik gold mine in Turkey has deferred its proposed sale to…
German bank loans US$60 million for Kupol
Vancouver – Bema Gold (BGO-T) sees a US$60 million loan by a major foreign bank as a strong vote of confidence in i…
Tournigan steps closer to pot of gold (July 23, 2004)
Vancouver – With its legal issues resolved, Tournigan Gold (TVC-V) has commissioned AMEC to conduct a prefeasibilit…
Sa Perrima yields best gold grades yet
Vancouver — Drilling for metallurgical testing purposes at Sargold Resources’ (SRG-V) Sa Perrima deposit on the Fu…
Kisladag costs lowered by pro-mining stance
Vancouver – Two mining-friendly laws recently passed by the Turkish government are expected to improve the profitab…
No delight for Frontier Pacific in Turkish mine legal decision
Vancouver – A Turkish court decision may cause disruption to operations at Frontier Pacific Mining’s (FRP-V) soon t…
Partners cut copper at Kizilviran
Drilling on the Tunceli project in east-central Turkey has returned encouraging results for partners Rio Tinto (RTP…
Scandinavian Gold garners results in Finland
Scandinavian Gold (SGL-T) has reported promising results from metallurgical work conducted on a sample from its 100…
Rio Narcea eyes Tasiast in share-swap deal
With an increasingly hostile four-way merger battle raging elsewhere, Rio Narcea Gold Mines (RNG-T) and Defiance Mi…
Frontier Pacific acquiring Newmont’s Turkish mine
Vancouver – Frontier Pacific Mining (FRP-V) is purchasing the Ovacik gold mine in western Turkey from Newmont (NEM-…