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A drill rig explores Newcrest Mining's Cadia East gold project in southeastern Australia. The underground resource now stands at 7 million oz. gold-equivalent.

News September 6, 2004

Newcrest is on a roll at Telfer, Cadia East

Newcrest Mining (NCMGF-O) has increased gold and copper resources at its Cadia East project in New South Wales, and is on track to begin production in mid-2005 at its Telfer project in Western Australia. The Kencana gold project…

A local geologist holds massive quartz-copper mineralization from the Baroi project in Indonesia.

News September 6, 2004

Kalimantan Gold pins hopes on the east

There’s persistence, then there’s Kalimantan Gold (KLG-V), one of the few companies to have stuck with exploration on the Indonesian island of Kalimantan after the gold rush of the mid-1990s ended in tears. Believing in the big…

News September 6, 2004

Burnstone’s Area 1 under study

Vancouver — Great Basin Gold (GBG-T) has started a prefeasibility study of Area 1 of its Burnstone property in South Africa.

News September 6, 2004

More gold, copper at Varvarinskoye

European Minerals (EPM.U-T) has completed infill drilling on the periphery of proposed open pits at its Varvarinskoye project, 130 km southwest of Kustanai in northern Kazakhstan.

News September 6, 2004

Fortescue eyes Chinese gravy train

Fortescue Metals Group is posing a challenge to the dominance of BHP Billiton (BHP-N) and Rio Tinto (RTP-N) in Western Australia’s iron ore sector.

News September 6, 2004

BHP Billiton, JFE Steel ink iron ore deal

BHP Billiton (BHP-N) and JFE Steel have entered into a joint-venture agreement that includes the proposed sale of 16 million tonnes of iron ore per year from BHP Billiton over the next 11 years.

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