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Placer eyes AurionGold seats

Singing a common refrain, takeover target AurionGold has rejected Placer Dome’s (PDG-T) request for four seats on t…


Atlas maps its way to Quebec

Atlas Minerals (ATMR-O) has a 120-day option period in which to decide whether on not to acquire Western Gold Resou…


Economic data fails to convince

While economic data remain mixed, economic developments over the past few months have prompted downgrades to metal price forecasts. The Access Economics Survey, which monitors analysts’ commodities es…





This picture shows the exposures of the shallow high-grade mineralization at the Third Portage open-pit deposit at the Meadowbank gold project in Nunavut. Trenches expose four separate mineralized horizons at the deposit with a best width of 7.8 grams per tonne over 21 metres.

Cumberland looks to Canada’s Far North

Baker Lake, Nunavut — Convinced that its wholly owned Meadowbank gold project in the Canadian Arctic has the potential to deliver 250,000 oz. annually, Cumberland Resources (CBD-T) is spending $6.4 m…



Lending Rates (September 09, 2002)

As of 4 pm ET, Sept. 3, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.78LIBOR US$ 6-month1.75LIBOR US$ 1-year1.81Gold lease 3-month0.28Gold leas…



Newport gains Mantua option in Cuba

Newport Exploration (NWX-V) has an option to gain a half-interest in the Mantua copper project in Cuba from Northern Orion Explorations (NNO-T).To acquire its stake, Newport would take over Northern O…


Photo by Gerald HarperGeoscience textbooks arrive in Mongolia. Batmunkh Gandush (left), founder of the International Exchange Centre for Geologists and Miners; Gerald Harper; D. Chuluun, director of the MTU School of Geology; Prof. J. Lhamsuren, emeritus director of the school.

PDAC helps send books to Mongolia

The Prospectors & Developers Association of Canada has been helping deliver textbooks to a university in Mongolia in an attempt to set up a library for geology students.The books are part of a shipmen…


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