Suppliers Roundup (March 15, 2004)
GLR picks Gekko at GoldfieldsGLR Resources has ordered a 2,000-ton-per-day Gekko Systems modular gravity concentrator for its Goldfields gold project, 15 km south of Uranium City in northern Saskatche…
News
Gold heads for fresh peak in first half
The rally in gold has become increasingly fuelled by the depreciating U.S. dollar, or, more accurately, is following the trend in the euro. However, it is important to note that this relationship is m…
Canyon posts loss for 2003
Colorado-based Canyon Resources (CAU-A) posted a net loss of US$10 million on revenue of US$13 million for 2003, based on sales of 37,506 oz. gold and 13,943 oz. silver from the Briggs mine in Califor…
Ecstall tests Okanagan targets
Ecstall Mining (EAM-V) will test the Vault and Dusty Mac gold-silver properties in the Okanagan district of British Columbia.The Vancouver-based junior has retained geologist Peter Read to examine the…
Sulliden boosts resource at Shahuindo
Montreal-based Sulliden Exploration (SUE-V) has released a new resource calculation for the Shahuindo gold-silver property in the Cajamarca region of northern Peru.In preparing the calculation, Met-Ch…
Gold Fields closes SA deal
A black empowerment company now controls a 15% beneficial interest in the South African gold mining assets of Gold Fields (GFI-N).Shareholders of Gold Fields and Mvelaphanda Resources (Mvela) voted ov…
Tipping point for the Liberals
Capt. Renault: I’m shocked — shocked! — to find that gambling is going on in here. . . .Emil (to Renault): Your winnings, sir.Capt. Renault: Oh, thank you, very much. . . Everybody out at once!– a …
Madison revs drills
Vancouver-based Madison Enterprises (MNP-V) is gearing up for more exploration at the Mt. Kare gold-silver project in Papua New Guinea and the Lewis gold property in Nevada.At Mt. Kare, Madison is pre…
Seabridge aims to expand Courageous Lake project
Summer drilling by Seabridge Gold (SEA-V) will test four main targets identified last year at the Courageous Lake project in the Northwest Territories.The company’s wholly owned project covers 53 km o…
South Atlantic buys Zinkgruvan mine
Vancouver — South Atlantic Ventures (SAA-V) has inked a deal with Rio Tinto (RTP-N) to buy the Zinkgruvan mine in southern Sweden.One of the largest underground mines in Europe, Zinkgruvan has been p…
Amera aims drills at Mogote deposit
A first phase of drilling is under way at the Mogote copper-gold project in Argentina’s San Juan province. Amera Resources (AMS-V), which holds rights to earn a 51% interest in Mogote from IMA Explora…
Daily Metal Prices (March 15, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 9March 8March 5March 4March 3Al Alloy1550/158…