Dios finds kimberlite
Diamond explorer Dios Exploration (DOS-V) has uncovered a couple of kimberlitic occurrences on its wholly owned Hotish project, 100 km south of the Renard cluster in north-central Quebec.Crews interse…
Articles by Northern Miner Staff
AfriOre cuts high-grade gold in Mali (September 22, 2003)
Best known for its coal-mining activities in South Africa, AfriOre (AFO-T) has created some heat as a result of exploration drilling at its new Banankoro gold project in Mali.Following the release of …
Canadian Stock Exchange Indices (September 22, 2003)
DateSept. 16Sept. 15 Sept. 12Sept. 11 Sept. 10HighLowTSX Composite…
PMI targets Ghana gold
Vancouver — Encouraging results from the first 14 holes drilled at the Ashanti II gold project in Ghana have prompted operator PMI Ventures (PMV-V) to carry out further drilling.Advancing early-stage…
Spot Prices Wed., Sept. 17, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$372.90-8.25Silver$5.16-0.05Platinum$696.00-7.00P…
Exchange Rates (September 22, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 16Sept. 15Sept. 12Sept. 11Sept. 10US$ in C$1.36901.36591.3630…
Trendy trinkets and exotic accessories
Take a peek into a jewelry store, and diamonds, emeralds, rubies and sapphires are pretty much all you’re likely to see. These are the gemstones most widely considered to be “precious,” and those that…
Birim cuts gold in Ghana
Reconnaissance drilling by Birim Goldfields (BGI-T) has led to the discovery of several gold prospects at the Bui project in west-central Ghana.The program, entailing 3,411 metres in 59 reverse-circul…
Newmont picks Clover (September 22, 2003)
Vancouver — Just days after granting Great Basin Gold (GBG-T) the right to earn a 70% stake in its Golden Cloud property, Atna Resources (ATN-T) has dealt a second Nevada property, this time to the w…
Drilling resumes at Fort la Corne
The Fort la Corne joint venture will spend $3 million on drilling in Saskatchewan as it tries to learn more about the internal geology and diamond distribution of the kimberlite targets in question….
Gold output up in South Africa
South Africa’s gold production increased by 0.7% to 92.98 tonnes or almost 3 million oz. in the second quarter of 2003, compared with the corresponding period last year.However, on a year-over-year ba…
TSE finds footing before closing bell
Despite some teeter-tottering, and no thanks to the golds, the Toronto Stock Exchange composite index ended the Sept. 10-16 period 28.98 points ahead at 7,625.37.Precious metal prices were down across…