Imperial drills Mt. Polley
Vancouver — Looking to reinvigorate the dormant Mount Polley copper-gold mine in British Columbia, owner Imperial Metals (III-T) has a drill rig turning on a newly discovered zone, some 1.5 km northe…
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Glencairn, Black Hawk ink merger deal
Vancouver — Glencairn Gold (GLJ-V) and Black Hawk Mining (BHK-T) have signed a merger agreement.Black Hawk’s shareholders will vote on the deal at a meeting scheduled for early October. The company’s…
Shear, Stornoway add to Churchill discoveries
A second round of drilling on the Churchill diamond project, near Rankin Inlet in Nunavut, has resulted in the discovery of four new kimberlite bodies, bringing the total number of kimberlites found s…
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…
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…
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…
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…
Canadian Stock Exchange Indices (September 22, 2003)
DateSept. 16Sept. 15 Sept. 12Sept. 11 Sept. 10HighLowTSX Composite…
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 …
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…
Gammon drills Ocampo (September 22, 2003)
Gammon Lake Resources (GAM-T) has completed the first round of 30 step-out and infill holes on its wholly owned Northeast Ocampo gold-silver project in Mexico.Highlights from the Aventurero zone inclu…