Drilling cuts more bonanza grades in D zone
Staying true to its name, American Bonanza Gold Mining (BZA-V) has pulled more high grades from its Copperstone property in Arizona.Hole 4, collared at the southern end of the so-called D zone, yielde…
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Shakespeare tests positive
Test milling of drill core samples from the Shakespeare copper-nickel project west of Sudbury, Ont., has recovered a bulk copper-nickel concentrate.The testing, done by SGS-Lakefield Research for proj…
GFMS tables Russian report
Since emerging from its financial crisis in 1998, the Russian economy has improved significantly, which is reflected in its mining sector, according to a report from Gold Fields Mineral Services (GFMS…
What might have been
To almost nobody’s surprise, the past week saw another controversial mining development stalled. On Dec. 10, Minera de Centro del Peru (better known as Centromin) gave notice it was terminating the ag…
EPA seeks co-operation from Teck Cominco
The U.S. Environmental Protection Agency could proceed with legal action against Vancouver-based Teck Cominco over pollution of a river system that straddles the U.S.-Canada border.The EPA alleges tha…
Limousine Butte drilling turns up gold
Vancouver — Nevada Pacific Gold (NPG-V) reports impressive assay results from the first two holes drilled on its wholly owned Limousine Butte project, in Nevada’s White Pine Cty.The initial holes in …
Stealth moves ahead at Toodoggone
Vancouver — Stealth Minerals (SML-V) is exploring its land position in the Toodoggone region of north-central British Columbia.In the past year, the junior made three discoveries in the Toodoggone re…
Hydromet key to Voisey’s Bay
Inco recently opened a small pilot plant in Mississauga, Ont., to test its hydrometallurgical processing technology for treating concentrates from the Voisey’s Bay operation in Labrador.The plant is p…
WGC unveils new gold collection
The World Gold Council has unveiled a collection and marketing initiative dubbed “Gold Expressions,” aimed at bolstering the global market for Italian-made gold jewelry.Following its formal launch in …
FNX, Dynatec exercise Inco option (December 22, 2003)
The Sudbury joint venture of FNX Mining (FNX-T) and Dynatec (DY-T) has moved to full ownership of five properties it previously held under an option agreement with Inco (N-T).FNX, with a thr…
Ghana gov’t supports AngloGold-Ashanti tie
The government of Ghana has expressed its support of the planned US$1.7-billion merger between Ashanti Goldfields (ASL-N) and AngloGold (AU-N).The government agreed to vote its 16.9% stake in Ashanti …
Spot Prices Wednesday, Dec. 16, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$409.70+1.45Silver$5.66 +0.12Platinum$826.00+27.00…