Queenstake drives into snowbank at Jerritt Canyon
Now entering its seventh month as owner and operator of the Jerritt Canyon gold mine in northeastern Nevada’s Indep…
News
Diagem takes McFauld’s Lake stake
Vancouver – KWG Resources (KWG-V) has sold its 8% stake in Spider Resources’ (SPQ-V) McFauld’s Lake joint venture p…
Alcoa wins PM award Down Under
Two companies operating Down Under — Alcoa World Alumina Australia and Greening Australia — have been given that country’s Prime Minister’s Award for Excellence in Community Business Partnerships.Th…
Tournigan Gold expands in Ireland
Vancouver — Tournigan Gold (TVC-V) has purchased two more exploration permits in the Republic of Ireland, increasing its land position in the region to 2,022 sq. km.The permits host two gold zones re…
Golds mixed
U.S. markets were a little stronger in the first few days of 2004, with the S&P 500 index adding 14.03 points over the trading period Dec. 30-Jan. 6 to finish at 1,123.67.The U.S.-listed golds were mi…
Barrick proceeds at Tulawaka
Barrick Gold (ABX-T) has unveiled plans to put the Tulawaka gold deposit, about 100 km west of its Bulyanhulu mine in Tanzania, into production.Tulawaka, in which Barrick holds a 70% interest and Mont…
Nevada Pacific to buy Castle Mountain
Vancouver — Nevada Pacific Gold (NPG-V) has agreed to buy the Castle Mountain mine, 105 km south of Las Vegas, Nev., in California’s San Bernardino Cty.Currently, Quest Capital (QC-T), formerly Vicer…
Cassidy cuts gold in Guinea (January 12, 2004)
Vancouver — A second phase of drilling by Cassidy Gold (CDY-V) has confirmed the high-grade nature of the Kouroussa property in Guinea, West Africa.Last year, the Kamloops, B.C.-based junior tested t…
SouthernEra pulls plug on Klipspringer
The rising South African rand has forced SouthernEra Resources (SUF-T) to suspend operations at its Klipspringer diamond project in the Limpopo province of South Africa.The company, which holds half o…
Bogoso/Prestea delivers
Denver-based Golden Star Resources (GSC-T) ended 2003 with better-than-expected output from its flagship Bogoso/Prestea open-pit mine in Ghana.The mine was expected to produce 160,000 oz. last year at…
Sighs of relief
It was a long time coming, but from the vantage point of early 2004, we can probably screw up our courage and declare the long resource-industry slump over, and maybe call 2003 the Year of the Bullion…
Wyoming’s geology augurs well for diamond discoveries
Wyoming is a vast state covering nearly 260,000 sq. km of surface area that houses fewer people than most large cities (fewer than 500,000 call Wyoming home). The state has no state income tax, is dri…