Pechiney snubs Alcan sweetener (September 02, 2003)
Alcan (AL-T) has taken a sweetened takeover bid for Pechiney off the table after the French rival roundly rejected…
News
Sulliden targets oxides
Preliminary drilling at the Shahuindo gold-silver property in Peru has led to the discovery of further promising mineralization for Sulliden Exploration (SUE-T).Situated 15 km west of the city of Caja…
Andean aims for higher output at Santa Rosa
Vancouver — Junior producer Andean American (AAG-V) is stepping up efforts to expand production and lower operating costs at its Santa Rosa gold mine in Peru.The mine is at the southern end of the so…
Editorial Cartoon (September 01, 2003)
Broad market slips as gold miners rise
The Standard & Poor’s/TSX composite index began the Aug. 20-26 report period on a high note, only to succumb to bearish mentality by its close. The result was a value reduction of 32.09 points, as the…
Peruvian police nab murder suspect
Peru’s national police have arrested a suspect in the shooting death of Jorge Luis Injoque, a geologist working for Barrick Gold in that country. The suspect’s name was not released.Injoque died July …
Gold bugs support Chinese gold IPO
Zhongjin Gold Co., China’s first-ever gold producer, recently bowed on the Shanghai Stock Exchange, and by the end of its first day of trading, its A shares had closed at 8.82 yuan — more than double…
Good pay day for BHP’s Goodyear
BHP Billiton CEO Charles “Chip” Goodyear will receive an annual remuneration package worth almost A$6 million.The package consists of a base salary of A$1.9 million, another A$1 million in lieu of sup…
Gold glitters on junior exchange (September 01, 2003)
Vancouver — Canada’s junior exchange continued its bull run over the week ended Aug. 26 as it chased after rising bullion prices. The S&P-TSX Venture Exchange composite index tacked on 25.88 points, …
Save the Sphinx
Well, the Pyramids are secure from those nasty robber barons: the International Council on Mining and Metals (ICMM), following consultations with the World Conservation Union and the United Nations Ed…
Atna deals Golden Cloud to Great Basin Gold
Vancouver — Hunter-Dickinson-led Great Basin Gold (GBG-V) has inked a deal with Atna Resources (ATN-T) to acquire a 70% stake in the Golden Cloud property in Nevada.The project is connected to the so…
Camp Caiman advancing to feasibility
A preliminary economic assessment of the Camp Caiman gold project in French Guiana indicates that production of just under 100,000 oz. gold annually could be economic.The study, done for owner Ariane …