Gold Fields inks empowerment deal with Mvelaphanda
Gold Fields (GFI-N) has agreed to sell a 15% stake in its South African gold mining assets to Mvelaphanda Resources…
News
Southwestern drills continue to turn at Boka
Vancouver — Southwestern Resources (SWG-T) has four diamond drill rigs spinning at its Boka gold project in Yunnan…
Trading Summary (June 09, 2003)
The Toronto Stock Exchange was lower across the board on Monday, falling 74.46 points to finish at 6,972.42. The go…
M.I.M. shareholders give Xstrata the nod
Shareholders of Australian-based miner M.I.M. Holdings have approved a A$4.9 billion cash-and-debt takeover offer f…
Work underway at Courageous Lake
Vancouver Junior Seabridge Gold (SEA-V) has launched a $1.6 million program over its wholly-owned Courageous Lake…
Interior disallows Pass Minerals claims
A United States Department of the Interior hearings office has ruled mining claims located over a supposed “desert gold” deposit in southern Nevada are invalid “for failure to make a discovery.”Admini…
The Northern Miner Indices (June 09, 2003)
North American Mining: 70.75 (+3.75)Small Producers: 64.71 (-5.60)(Sept. 30/98 = 100)…
Metallic Ventures advances Nevada projects
Reno-based Metallic Ventures (MVG-T) has had a busy spring furiously drilling two promising deposits on its Goldfield property in southwestern Nevada.The 24-sq.-mile Goldfield property, situated 270 m…
Global industrial production and what it means for mining, Part 2
The shift in the location of industrial production has significant implications for mineral transportation. Mineral production historically developed in response to, and in the vicinity of, industrial…
Gold shines on long-term dollar weakness
Investors in gold stocks have taken profits in one of the best years for investing in the precious metal in more than a decade.The high price of gold has been linked to the tensions with Iraq, but thi…
Imperial extends 114 zone at Sterling
The latest 13-hole drilling campaign by Vancouver-based junior Imperial Metals (III-T) on its 12.5-sq.-km Sterling gold property in southwestern Nevada has lengthened the 114 zone by 107 metres to abo…
Romios renews Scossa campaign
Junior Romios Gold Resources (YRW-V) is drill-testing several gold-bearing structures at its Scossa gold property in north-central Nevada.The program entails several deep holes to follow up mineraliza…