News

Gold Fields doubles Radius stake (August 11, 2003)

Vancouver — South African-based Gold Fields (GFI-N) now holds a 12.9% stake in junior Radius Explorations (RDU-V).The major, which currently lays claim to 3.6 million shares of the Simon Ridgway-led …


Odyssey renews Altintepe drilling (August 11, 2003)

Odyssey Resources (ODX-V) has resumed drilling at the Altintepe gold project in north-central Turkey.The current work is focused on the Seyliktepe and Karakis areas, where 500-700 metres are planned. …


Aquiline sums up Calcatreu

With the final drill results now in hand, Aquiline Resources (AQI-V) has begun an independent resource estimate of the Calcatreu gold project in Argentina.The study, which will incorporate historic an…


Richmont buys into Patricia

Small gold producer Richmont Mines (RIC-T) is investing $1 million in Toronto-based junior Patricia Mining (PAT-V) in order to help the latter advance its wholly owned Island Gold project, near Wawa, …


Daily Metal Prices (August 11, 2003)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug. 5Aug. 4Aug. 1July 31July 30Al Alloy1365/1370…


Canada’s junior exchange continues run

Vancouver — Canada’s junior exchange continued its bull run as select resource stocks rallied over the week ended Aug. 5. The S&P-TSX Venture Exchange composite index added 22.73 points, or 1.9% of v…


Holiday hangover overcomes market

The holiday-shortened July 30-Aug. 5 report period was marked by more sellers than buyers, causing the Toronto Stock Exchange composite index to slip 37.81 points and land at 7,180.54.Gold reversed co…


Northern Miner Indices (August 11, 2003)

NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…


An aerial view in 1949 of the camps at the Giant gold mine, on the northern shore of Great Slave Lake, near Yellowknife, N.W.T. That year, 77,340 tons of ore were milled with an average headgrade of 0.8 oz. gold per tonne. Total production was worth $2.1 million. From 1947 to 1997 the mine produced almost 15 million oz. gold.

Gov’t proposes deep-freeze at Giant

After 10 years of engineering studies, the federal government has proposed freezing 237,000 tonnes of arsenic sitting in numerous underground chambers at the former Giant gold mine, near Yellowknife, …


Producer and Dealer Prices (August 11, 2003)

Antimony: Mid-mkt US$2,300/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$9.95-10.30/lb.Copper: Comex Sept. US$0.8085/lb.Indium: Indium Corp., ingot, US$180/kg.Irid…




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