News

Land being cleared for Bellavista's leach pads, as it appeared in January. With the pads being built on a slope, the undulating surface under the pads provides a crucial "key lock" that will prevent downslope movement of pad material.

Glencairn builds mine in Costa Rica

Miramar, Costa Rica — The long years of talk are over. More than five years after the completion of a positive feasibility study, construction of Glencairn Gold‘s (GGG-T) Bellavista mine is now under way, with the first gold ex…


Donald Nord, senior refiner at Goldcorp's Red Lake mine, holds a gold brick that contains the 5-millionth ounce of gold produced at the mine.

Bonanza grades at Red Lake mine

Goldcorp (G-T) has encountered more high-grade gold during underground exploratory drilling at its Red Lake mine in northern Ontario.


Uranium miners heat up

The Toronto Stock Exchange’s gold index jumped 5.21 points, or 2.7%, to 201.46 during the June 16-22 report period. Not surprisingly, the price of gold rose US$10.50 to an afternoon fix of US$395.75 per oz. in New York on June 22. The rest of the…


Resource tabled for Boyongan

A resource estimate has been calculated for the Boyongan copper-gold deposit on the island of Mindanao in the southern Philippines. The deposit is part of the 250-sq.-km North project, owned equally by Philex Gold (PGI-T) and a…


Gold rebound nudges juniors higher

The TSX Venture Exchange retook some ground over the trading period June 16-22, closing at 1,568.96, up almost 46 points. The junior market was propelled by a rebound in the gold price, closing at US$395 per oz., up about US$6. Gold seems to be en…



Canadian Stock Exchange Indices (June 28, 2004)




An Ashton Mining field geologist analyzes and logs core at Camp Lagopede, on the Foxtrot property in the Otish Mountains of northern Quebec.

Partnerships pay off for Ashton

Ashton Mining of Canada (ACA-T) is stepping up exploration efforts following its success in helping find new diamond districts in Quebec, Alberta, and the Coronation Gulf area of Nunavut.


Taparko-Bouroum feasibility positive

With a positive feasibility study for the Taparko and Bouroum gold deposits in eastern Burkina Faso in hand, High River Gold Mines (HRG-T) has concluded a deal with Axmin (AXM-V) to take over Bouroum.


Linear cuts high-grade

Vancouver — The first hole drilled on the Campamento zone at Linear Gold‘s (LRR-V) wholly owned Ixhuatan project in Chiapas state, Mexico, has returned some sweet gold intersections.


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