Bema Gold Corporation

The report period July 28-Aug. 3 saw the price of gold close down US$9.05 at US$390.95 per oz. in the afternoon in London. The Toronto Stock Exchange was closed Aug. 2 because of a civic holiday.

Vancouver — A US$60-million loan by a major German bank is encouraging Bema Gold (BGO-T) to develop the Kupol gold-silver project in northeastern Russia. The loan should ease investors’ concerns over jurisdictional issues surro…

The following insider trading transactions in June and early July were reported in the Ontario Securities Commission Bulletin:…

Vancouver — Victoria Resource (VIT-V) has hit a 355-metre alteration zone containing high gold grades while testing the new RJR zone on its Mill Canyon property in Nevada.

Vancouver — Arizona Star Resource (AZS-V) and Bema Gold (BGO-T) are threatening to go to arbitration to gain Placer Dome‘s (PDG-T) 51% stake in the Cerro Casale porphyry gold and copper pro…

A late-period slide erased earlier gains and helped the Toronto Stock Exchange’s gold index end the July 7-13 report period 0.23 of a point lower at 202.97. The gold miners mirrored the yellow metal, which managed to retain some of its earlier gai…

Vancouver — Drilling by Bema Gold (BGO-T) on its Kupol project, in the Chukotka region of northeastern Russia, continues to return high gold and silver values.