More gold at Intidougou
Drilling by Orezone Resources (ORZ-T) and its Australian partner, Delta Gold, has intersected more near-surface gold at the Intidougou project in Burkina Faso.The partners sank 15 reverse-circulation…
News
Gold rally fades
Denver — The Dow Jones industrial average sunk 218.10 points, or 1.9%, to 11,039.14 during the report period May 23-29.Fears of Russian gold sales brought the yellow metal rally to an abrupt halt, wi…
MOST ACTIVE ISSUES, MAY 23-29
ExchgVol(000s)HighLowCloseChangeDenison MinesT155400.240.190.20-0.02…
GREATEST VALUE TRADED, MAY 23-29
ExchgVal($000s)HighLowCloseChangeAlcoa*N49398844.0042.3943.46-0.14…
Golden Star acquires Prestea concession
Denver-based Golden Star Resources (GSC-T) has reached an agreement with Ghana’s Prestea Gold Resources (PGR), a worker-owned company, to acquire its namesake concession.Control of the Prestea deposit…
Positive prefeasibility at Kisladag
Vancouver — Junior Eldorado Gold (ELD-V) has tabled a positive prefeasibility study for its wholly owned Kisladag project in western Turkey.The study proposes a 3.4-million-tonne-per-year operation t…
NAME CHANGES (June 04, 2001)
Quinto Mining (QU-V) has changed its name to Quinto Technology (QU-V) on a 1-new-for-1-old-share basis.Wamco Resources (WAM-V) has changed its name to Wamco Technology Group…
Crew advances Nalunaq project
Having confirmed the high-grade nature of its 67%-owned Nalunaq gold project in South Greenland, Crew Development (CRU-T) is proceeding with a $28.7-million private placement in order to finance furth…
Friedland back at Bakyrchik mine
Not for nothing has the huge Bakyrchik gold mine in northeastern Kazakstan been called “the money-pit of the steppes.” The Russians, the Australians, and then a North American company all tried to mak…
LME Warehouse Levels (June 04, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 29/01 (change from May 22 in brackets):MetalStock (tonnes)ChangeAluminium570525(+…
Rio Grande shows copper
Vancouver-based junior Mansfield Minerals (MDR-V) is encouraged by results from the first round of drilling on the Rio Grande iron oxide-copper-gold prospect in northwestern Argentina. The program has…
Slash-and-burn tactics exposed The eco-industry
Congressman James Hansen of Utah is no bleeding-heart liberal, yet he has sponsored and supported enough environmental legislation to have been labelled “too green” by some of his Republican colleague…