Far West tops up till
Proceeds from a private placement are enabling Far West Mining (FWM-V) to resume its search for iron-oxide copper-g…
News
Trading Summary (September 15, 2003)
The Toronto Stock Exchange joined the other North American exchanges dipping 4.78 points to 7,575.29 in directionle…
Kisladag’s reserves grow
Some 7,057 metres of reverse-circulation drilling by Eldorado Gold (ELD-T) has increased minable reserves at the Ki…
PMI targets Ghana
Vancouver Encouraging results from the first 14 holes into the Ashanti II gold project has prompted operator PMI…
Newmont drop two-thirds of Kinross shares
Newmont Mining (NEM-N) has sold 28 million of its 43.2 million shares in Kinross Gold (K-T) to a group of dealers l…
Blanchard proceeds with lawsuit
New Orleans-based Blanchard and Co., the largest retail gold dealer in the U.S., received word from the U.S. District Court for the Eastern District of Louisiana that its lawsuit against Barrick Gold …
Aussies to spend A$7b on gold sector
Australia’s gold-mining industry will spend roughly A$7 billion, or an increase of 3.6%, on capital investment, exploration and operations in 2003-04, according to a recent survey by accounting firm D…
Fundamental reasons to own gold
1. Existence of a huge and growing gap between mine supply and traditional demand.Gold mine supply is roughly 2,500 tonnes per annum and traditional demand (jewelry, industrial users, etc.) has exceed…
West Raglan yields good nickel grades (September 15, 2003)
Vancouver — The promise of additional nickel-copper discoveries in the Raglan belt has turned into a reality with partners Knight Resources (KNP-V) and Anglo American (AAUK-Q) tallying encouraging dr…
Spot Prices Wed., Sept. 10, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$381.15+8.95Silver$5.21+0.23Platinum$703.00-9.00P…
Quebec’s engineers honour Dufour
The Order of Engineers of Quebec, representing 46,000 engineers in la belle province, has awarded its 2003 Excellence Award to Ren Dufour, long-time educator and present-day chairman of Montreal-base…
Wheaton River takes out Miranda (September 15, 2003)
Vancouver — Wheaton River Minerals (WRM-T) is continuing its strategy of growth through acquisition by inking deals with Teck Cominco (TEK-T) and Miranda Mining (MRM-V) to acquire the Los Filo…