News

Vancouver — The Kupol gold-silver project in the Chukotka region of northeastern Russia has received a positive preliminary economic assessment, Bema Gold (BGO-T) reports.

Emgold’s subsidiary, Golden Bear Ceramics, will build a Ceramext pilot plant, designed to produce ceramic tiles and bricks from mine tailings. The process is currently at the bench-scale testing phase.

At the beginning of April this space was given over to an editorial entitled “Consolidation, or not,” which questioned whether there was much consolidation left to be done in the gold industry. Within an hour of our placing that column, Iamgold an…

Vancouver — Early drilling by Viceroy Exploration (VYE-V) on its Gualcayamo gold project in west-central Argentina has returned positive results.

Vancouver — Drilling by St. Jude Resources (SJD-V) at its Benso project in western Ghana has delineated a trend of gold mineralization in the Subriso Block G zone over a strike length of 500 metres and to a depth exceeding 100…

It is a nice change indeed to be responding to the recent PriceWaterhouseCoopers report that describes the British Columbia mining industry as having had a positive year.

The boards of directors at Iamgold (IMG-T) and Wheaton River Minerals (WRM-T) have rejected co-ordinated bids by Golden Star Resources (GSC-T) and Coeur d’Alene Mines (CDE…

Afri-Can Marine — Howard Messias appointed director.

Cameco‘s (CCO-T) plan to acquire a 25.2% interest in the South Texas project, near Houston, Tex., has been scuppered by two current co-owners.

Antimony: Mid-mkt US$2,550/t.

Drilling by Nuinsco Resources (NWI-T) at the Mel nickel deposit, 25 km north of Thompson, Man., has hit good grades at minable widths.