Birim cuts gold in Ghana
Reconnaissance drilling by Birim Goldfields (BGI-T) has led to the discovery of several gold prospects at the Bui project in west-central Ghana.The program, entailing 3,411 metres in 59 reverse-circul…
2003
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…
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…
People (September 22, 2003)
Alcoa — Klaus Kleinfeld appointed director.Corriente — Anthony Holler appointed to board; Catherine Mcleod-Seltzer resigned as director.European Goldfields — Gordon Toll appointed dire…
Odyssey trenches Tavsan
Junior Odyssey Resources (ODX-V) has begun trenching its Tavsan property in hopes of uncovering a near-surface sediment-hosted gold deposit.Situated in western Turkey, Tavsan was first explored by Tec…
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…
Pacific NW cuts high grade at River Valley
Vancouver — Pacific North West Capital (PFN-T) has intersected impressive intervals of platinum and palladium at its River Valley project, 60 km northeast of Sudbury, Ont.The project is a 50-50 joint…
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…
Imperial drills Mt. Polley
Vancouver — Looking to reinvigorate the dormant Mount Polley copper-gold mine in British Columbia, owner Imperial Metals (III-T) has a drill rig turning on a newly discovered zone, some 1.5 km northe…
Glencairn, Black Hawk ink merger deal
Vancouver — Glencairn Gold (GLJ-V) and Black Hawk Mining (BHK-T) have signed a merger agreement.Black Hawk’s shareholders will vote on the deal at a meeting scheduled for early October. The company’s…