DiamondWorks, Magma reach new deal on Koidu
DiamondWorks (DMW-T) and its joint venture partner, private South African company Magma Diamond Resources, have ink…
News
Trading Summary (September 09, 2003)
A US$6.60-per-oz. rise in the price of gold to US$381.50 per oz. saw Toronto’s gold index rebound to the tune of 2.
Outokumpu takes control in Boliden reorganization
Scandinavian metal producers Outokumpu and Boliden (BLS-T) have announced plans for an asset swap that will move al…
Bema Gold extends Kupol
Vancouver Impressive drill results continue to roll in from the Kupol gold property in Russia’s Far East region….
Trading Summary (September 08, 2003)
A 4.5% rise by the information technology subindex nearly single-handedly kept the Toronto Stock Exchange out of th…
Boka drilling pulls up more gold (September 08, 2003)
Continued drilling by Southwestern Resources (SWG-T) at the Boka gold project in Yunnan province, China, has return…
West Raglan yields good nickel grades (September 08, 2003)
Vancouver The promise of additional nickel-copper discoveries in the Raglan belt of northern Quebec got a shot in…
Goldcorp joins Metalcorp at Black Bear
Goldcorp (G-T) has agreed to take up to a 70% interest in Metalcorp’s (MTC-V) 4.3-sq.-km Black Bear property covering the northeast extension of the East Bay deformation zone in the Red Lake gold camp…
Pechiney snubs Alcan sweetener (September 08, 2003)
Alcan (AL-T) has taken a sweetened takeover bid for Paris-listed Pechiney off the table after the latter rejected the bid as too low.The French aluminum maker says the revised bid of 47-48 euro per sh…
WMC pairs up with China’s Jinchuan
Australia’s WMC Resources (WMC-N), the world’s third-largest nickel producer, has signed a US$650-million nickel-supply contract with China’s leading nickel producer, the Jinchuan Group.Under the deal…
Queenston eyes Duquesne West
Queenston Mining (QMI-T) is sending a geological field crew to the Duquesne West gold property near Rouyn-Noranda, Que., having recently acquired the right to earn a 60% interest.To earn its interest,…
Committee Bay yields high-grade gold (September 08, 2003)
Vancouver — A 1,477-metre drill program by partners Committee Bay Resources (CBR-V) and Gold Fields (GFI-N) has returned impressive values from the Three Bluffs zone on the Committee Bay gold project…