Southern Rio cuts more gold at 3Ts
The program was designed to extend and define the Ted vein mineralization, as well as provide data to calculate an inferred resource. At last report, the Ted Vein had been defined along a strike lengt…
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Aurelian cuts more gold at Condor (February 02, 2004)
Vancouver — Aurelian Resources () has tabled encouraging results from drilling completed late last year at the Condor project in southeastern Ecuador.The company sunk 14 diamond drill holes on two of…
Ediorial Cartoon
IMC, Cargill create titan
The largest deal over the report period ending Jan. 27 was the announcement of a merger between Illinois-based fertilizer giant IMC Global and the fertilizer division of the secretive agri-business co…
Revised numbers pave way for new study at Chapada
Revised resource and preliminary reserve estimates for the Chapada copper-gold project in Brazil’s Goias state will provide the basis for a new feasibility study planned by Yamana Gold (YRI-T).The rev…
Junior exchange takes breather
Vancouver — Canada’s junior exchange tacked on a few points during the report period ended Jan. 27. The S&P-TSX Venture Exchange composite index closed at 1799.72, up 4.46 points, or 0.25%.EuroZinc M…
Aker Kvaerner settles Tonopah dispute
Equatorial Mining, based in Sydney, Australia, will receive US$101 million from engineering firm Aker Kvaerner to resolve legal claims surrounding the failed Tonopah gold mine in Nevada. The settlemen…
Carlin workers to vote on new deal
A ratification vote is set for early February on a contract between Operating Engineers Union Local 3 and Denver-based Newmont Mining.The balloting will be held at the Elko Convention Center in Nevada…
Northern Dynasty expands Pebble
Resources at Northern Dynasty Minerals’ () Pebble gold-copper project, 380 km southwest of Anchorage, Alaska, have swelled following 19,948 metres of drilling in 59 holes.Norwest Corp., an independent…
Mustang drills nickel
Vancouver — Drilling by Mustang Minerals (MUM-V) has resulted in the discovery of nickel mineralization at the Bannockburn project, 100 km southeast of Timmins, Ont.Nine drill holes tested 120 metres…
People (February 02, 2004)
Alcan — Michael Hanely appointed president and CEO of Alcan Bauxite and Alumina; Michel Jacques appointed president and CEO of Alcan engineered products; Christel Bories appointed president and CEO o…
Gold dips, producers trip, yet again
No thanks to resource issues, the S&P-TSX composite index slipped 35.47 points over the Jan. 21-27 report period, finishing the week at 8,588.15.Precious metals had a generally bad week, and so it was…