American Bonanza Gold Corp. is developing and exploring gold projects in pro-mining areas of Canada and the United States. The main objective is to develop the advanced stage 100% owned Copperstone gold property in Arizona where a feasibility study is currently underway with the goal of achieving production by 2010.
Teck Cominco Ltd. announced that it has sold another gold mine as the company grapples with a massive debt load from its Fording takeover. For full story, click here
Teck Cominco Ltd. declared a gold deal aimed at lowering capital funding costs and paying down debt, but investors are saving their enthusiasm for a big-money transaction that will put a serious dent in multibillion-dollar loan payments coming due later this year. For full story, click here
Get our independent commentary on gold trends and companies delivered to your inbox.
