Am Bonanza tests Gold Bar
Vancouver — American Bonanza Gold Mining (BZA-V) has begun drilling at the Gold Bar property in the prolific Battle Mountain-Eureka mineral trend of central Nevada.The junior is testing for bonanza-g…
News
Mouska team wins rescue prize
A team representing Cambior’s Mouska mine in northwestern Quebec won the provincial mine rescue competition held recently in Val d’Or.Four teams that had won preliminary competitions last fall compete…
Junior exchange active despite bullion slump
Vancouver — Canada’s junior exchange followed the major bourses higher over the week ended July 8. The S&P-TSX Venture Exchange composite index closed up 3.42 points, or 0.3%, to 1107.31.ITL Capital…
Northern Miner Indices (July 14, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrick GoldABX-T19.4%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport McM BFCX-N7.1%GoldcorpG-T4.4%IncoN-T7.8%Kinross GoldK-T4.3%Newmont Minin…
People (July 14, 2003)
Beartooth — Craig Smith appointed CFO.Brigadier Gold — Roger Dufresne and Robert MacGregor appointed to board of directors.Coeur d’Alene – James Arnold appointed VP of technical service…
LME Warehouse Levels (July 14, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 8 (change from July 1 in brackets):MetalStock(tonnes)ChangeAluminium1,177,750(+3…
Birim guts more gold in Ghana
Vancouver — A 12-hole program of reverse-circulation drilling by Birim Goldfields (BGI-T) has enhanced the economic prospects of the Mansiso target, part of the Dunkwa concession in southern Ghana.Bi…
Ashanti exec knighted
Sam Jonah, chief executive officer of Ghana-based Ashanti Goldfields, has been awarded an honourary knighthood at St. James’s Palace in London.The knighthood, which is honourary because the recipient …
Odyssey applies geological know-how in Turkey
Fatsa, Turkey — Having determined the mineral potential of its properties near this coastal town on the Black Sea, Odyssey Resources (ODX-V) is attempting to raise funding to renew drilling.The compa…
Alcan attempts takeover of Pechiney
Looking to cut costs and entrench itself in the aerospace supply industry, Montreal-based aluminum giant Alcan (AL-T) is taking another run at French rival Pechiney (PY-N) via a cash-and-stock offer t…
Placer Dome gains East African Gold Mines
Placer Dome (PDG-T) has inked share purchase agreements to acquire 98% of privately owned Australian-based East African Gold Mines, thereby securing that company’s cornerstone operation, the North Mar…
Cassidy Gold proves up Guinean deposit
Vancouver — A 6-hole drilling program by Kamloops, B.C.-based Cassidy Gold (CDY-V) has returned promising grades from the Kouroussa property in Guinea, West Africa.The project is 570 km east of the c…