News

Trading volume high for Wheaton River

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.



A giant leap for mining

After three years of research and development, “Leapfrog” automated three-dimensional modelling software could change the way the mining industry performs geological modelling.


Juniors weak as gold price climbs

Toronto Venture Exchange-listed companies picked up a bit of ground as gold prices rose on terrorist fears. Following suit, the S&P-TSX Venture Exchange index rose by nearly 44 points, or some 3%, over the trading period July 28-Aug. 3 to close at…


NRCan, Ontario produce mining video

Natural Resources Canada (NRCan) and the Ontario Ministry of Northern Development & Mines (MNDM) are jointly funding a DVD designed to educate Ontario aboriginals about the mining industry.



Etruscan, Semafo rev up Samira Hill

Partners Etruscan Resources (EET-T) and Semafo (SMF-T) expect to pour their first gold at the Samira Hill project in Niger in early September, now that commissioning of the 6,000-tonne-per-day carbon-in-leach…




Northgate’s profits soar

Vancouver — Northgate Minerals (NGX-T) delivered greatly improved earnings in the second quarter, coupled with record low net cash costs for gold production at the Kemess South mine in British Columbia.


People (August 09, 2004)

Aber Diamond — Peter Schneirla appointed VP; Ray Simpson appointed VP of corporate development; Charles Stanley appointed director of market research.


Partners expand Essakan resource (August 09, 2004)

Orezone Resources (OZN-T) and Gold Fields (GFI-N) have updated the resource estimate for the Essakan main zone at the Essakan property in Burkina Faso. As a result, the gold resouce has increased by 45%.


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