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…
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Boka drilling pulls up more gold (September 22, 2003)
Continued drilling by Southwestern Resources (SWG-T) at the Boka gold project in Yunnan province, China, has returned gold values at both the Boka 1 and Boka 7 targets.Hole B3-08, drilled between the …
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 $3 million on drilling in Saskatchewan as it tries to learn more about the internal geology and diamond distribution of the kimberlite targets in question….
Gold output up in South Africa
South Africa’s gold production increased by 0.7% to 92.98 tonnes or almost 3 million oz. in the second quarter of 2003, compared with the corresponding period last year.However, on a year-over-year ba…
LME Warehouse Levels (September 22, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 16 (change from Sept. 9 in brackets):MetalStock(tonnes)ChangeAluminium1375375(+…
Metallic eyes Esmeralda production
Underground drilling at the Prospectus vein structure on the Esmeralda property, 100 miles southeast of Reno, Nev., is returning high gold and silver values for Metallic Ventures Gold (MVG-T).Among th…
American Bonanza revs up Gold Bar rig (September 22, 2003)
Targeting Carlin-type gold deposits, junior American Bonanza Gold Mining (BZA-V) will shortly resume drilling at the Gold Bar property in Nevada’s Battle Mountain trend.The core program will immediate…
Northern Miner Indices (September 22, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrick GoldABX-T19.4%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport McM BFCX-N7.1%GoldcorpG-T4.4%IncoN-T7.8%Kinross GoldK-T4.3%Newmont Minin…
Daily Metal Prices (September 22, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 16Sept. 15Sept. 12Sept. 11Sept. 10Al Alloy138…
Producer and Dealer Prices (September 22, 2003)
Antimony: Mid-mkt US$2,245/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.61/lb.Cobalt: Recent trades US$9.75-10.70/lb.Copper: Comex Dec. US$0.816/lb.Indium: Indium Corp., ingot, US$180/kg.Iridiu…
US gold producers hit
A sharp drop in gold prices dragged most southern producers to lower levels during the report period ended Sept. 16.Newmont Mining, the world’s largest producer of the yellow metal, lost US0.74, or 1…