News



Constellation goes supernova

The Toronto Stock Exchange’s S&P-TSX composite index rose steadily over the Feb. 25-March 2 report period, ending 170.7 points higher at 8,808 despite a 1.5% drop at the period’s end. The gold index m…


Tenke raises funds for Vicuna

Vancouver — Tenke Mining (TNK-T) will sell 3 million shares to a syndicate of underwriters in return for $8.25 million, some of which will be used to explore the Vicuna copper-gold-silver project in …


Gold Fields takes pass on Miyabi

In spite of some significant intersections in recent drilling, South African mining house Gold Fields (GFI-N) has turned down its option on the Miyabi project in the Lake Victoria goldfields of Tanzan…


Apollo Gold sizes up Black Fox near Timmins

Armed with nearly 83,000 metres of drilling in 296 holes, Apollo Gold (APG-T) has tabled an initial reserve estimate for the Black Fox gold project, near Timmins, Ont.Based on a gold price cutoff of U…


Newmont Mining Chairman and CEO Wayne Murdy greets the locals in Ghana, where the company is developing its multi-million-ounce Ahafo and Akyem gold projects.

Gold miners stalk quarry in elephant country

Ghana was once known as “the gold coast of Africa,” and, with annual production of 2.3 million oz., the country remains the second-largest gold-producing nation on the continent.With the recent upswin…


Drilling by Sargold Resources at the Furtei gold-copper property in Sardinia.

Island of Sardinia wakes up to mineral exploration

Geologists are a rugged bunch, usually working without many of the amenities we commonly take for granted and in places where most of us would fear to tread. Well, that’s true of most geologists. Then…


Examining data in the Minas de Corrrales district.

UME whips San Gregorio into shape

Montevideo, Uruguay — One man’s poison has proved to be another man’s meat in Uruguay, thanks to Australian ingenuity, persistence, and good timing.Uruguay Mineral Exploration (UME-V) has not only tr…



SEC nabs ‘Runaway Ron’ (March 08, 2004)

American regulators have filed a civil suit against Ronald V. Markham, a promoter described by securities regulators on several continents as “the ultimate con man.”A report by Brent Mudry in Canada S…


LME Warehouse Levels (March 08, 2004)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 2 (change from Feb. 24 in brackets):MetalStock(tonnes)ChangeAluminium1393675(+8…


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