AngloGold boosts Ashanti bid (October 27, 2003)
AngloGold (AU-N) has bumped its all-share offer for Ghanaian-based Ashanti Goldfields (ASL-N) by 11.5%.The world’s third-largest gold producer is now offering 0.29 of an AngloGold share for each share…
Newmont Mining Corporation
More issues soar to new heights
TORONTO STOCK EXCHANGEThe recent spat of record-breaking continued through the Oct. 8-14 report period, with some issues achieving the milestone on significant percentage gains.Junior Corriente Resour…
Midway drills Spring Valley
A reverse-circulation drill program is testing a strong gold prospect at the Spring Valley property in Nevada’s Pershing Cty.Midway Gold (MDW-V) will drill 3,000 metres in order to test a gold-bearing…
Axmin buoyed by Bambari results
Drilling by Axmin (AXM-V) at the Bambari property in the Central African Republic has traced mineralization at the French Camp prospect to a depth of 110 metres for at least 150 metres along a northwe…
Aquiline presses IMA for Navidad details
Just as a $4.5-million bought-deal financing was about to close, IMA Exploration (IMR-V) received a letter from Aquiline Resources (AQI-V) requesting details regarding the events and methods that led …
Metal traders run down gold
Gold bugs caught a chill in the first week of October: by the morning of Oct. 7, an ounce of the yellow metal was fetching US$376.20 in London markets, or US$8.30 less than a week earlier. Silver fare…
Newmont eyes Ghana for growth
Vancouver — Denver-based Newmont Mining (NEM-N) expects production to rise by 5.5% this year, reaching 7.2-7.4 million oz. (Thereafter, from 2004 to 2006, yearly output will settle down to 7 million …
Newmont outlines 5-yr plan
The Denver Gold Forum, held Sept. 22-24, provided a platform for 60 of the world’s biggest precious metals miners to strut their stuff in front of investors. This year, almost all the audio portion of…
Wheaton River cashes-up
Looking to continue its recent shopping spree, Wheaton River Minerals (WRM-T) has arranged its second $100-million equity financing in a month by lining up a group of underwriters led by Griffiths McB…
Defiance boosts Tasiast
With about 28,000 metres worth of reverse-circulation (RC) and core drilling under its belt, Defiance Mining (DM-T) has tabled an updated resource figure for its Tasiast gold project, 170 km east of t…
Newmont drops Kinross shares
Newmont Mining (NEM-N) has sold 28 million of its 43.2 million shares in Kinross Gold (K-T) to a group of dealers led by Griffiths McBurney & Partners and RBC Dominion Securities for US$218 million, b…
TSE finds footing before closing bell
Despite some teeter-tottering, and no thanks to the golds, the Toronto Stock Exchange composite index ended the Sept. 10-16 period 28.98 points ahead at 7,625.37.Precious metal prices were down across…