Damoti Lake drilling yields more gold (December 21, 2004)
After cutting high grade gold in drill holes, Anaconda Gold (ANX-V) is updating the gold resource at its Damoti Lak…
News
Sherritt, teachers’ pension fund offer Stelco bailout
Sherritt International (S-T) and its partners at the Ontario Teachers’ Pension Plan are offering a recapitalization…
Bema’s share swap bid for Arizona Star is latest twist
Vancouver – On the heels of Albert Friedberg’s apparent victory at wrestling control of Arizona Star (AZS-T) away f…
Thistle fizzles on restructuring deal
Shareholders of Thistle Mining (THT-T) bolted for the exits in early trading in Toronto on Dec. 21, after the compa…
U.S. Forest Service clears way for Kensington permitting
Vancouver – The U.S. Forest Service has cleared the path for all other federal and state permitting to be done on C…
Buenaventura to farm in on Rio Narcea property (December 20, 2004)
A deal between Minas Buenaventura (BVN-N) and Rio Narcea Gold (RNG-T) will see the Peruvian company earn a 51% inte…
Pele Mountain strikes gold zone at Wawa
Pele Mountain Resources (GEM-V) has found significant gold while prospecting at its Highland gold property, northea…
A South African thaw
In an about-face South African gold miner, and target of a hostile takeover bid, Gold Fields (GFI-N) has concluded…
Partners size up Valentine Lake (December 20, 2004)
Armed with nearly 7,000 metres worth of drilling in 24 holes, partners Richmont Mines (RIC-T) and Mountain Lake Res…
‘Tis the season for volume trading
The report period Dec. 8-14 saw the price of gold fall US$14.70 to close at US$437.10 per oz. in the afternoon in London. The gold index managed to hold its own and fell a mere 0.19 of a point to close at 209.11, and the diversified metals and min…
lonore adds oomph to Quebec camp
While still in the early stage of exploration, the lonore gold prospect in the James Bay region of north-central Quebec is shaping up to be quite a find.
Diavik’s success spawns new mine plan
The Diavik mine in Canada’s Far North has consistently exceeded design expectations and delivered better-than-expected diamond values during the ramp-up to full production.