Far West banks on Chilean results
Proceeds from a private placement are enabling Far West Mining (FWM-V) to resume its search for iron-oxide copper-gold deposits in the prospective Candelaria belt of northern Chile.In late July, Far W…
Anglo American Platinum Limited
US gold producers hit
A sharp drop in gold prices dragged most southern producers to lower levels during the report period ended Sept. 16.Newmont Mining, the world’s largest producer of the yellow metal, lost US0.74, or 1…
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…
People (September 01, 2003)
Anglo American Lazarus Zim appointed deputy CEO and chairman of Anglo Operations.Apollo Gold — Robert Watts appointed to board.CYPlus — Robert Warriner appointed regional sales manager…
SpectrumGold picks up Galore Creek
Vancouver — SpectrumGold has inked a deal with mining giants Rio Tinto (RTP-N) and Anglo American (AAUK-Q) to buy the Galore Creek gold-silver-copper deposit in northwestern British Columbia.
Juniors advance Philippine projects
Vancouver — Despite an array of political and legal hurdles, a growing number of Canadian and Australian exploration companies are reporting progress at projects in the Philippines.Among the Canadian…
Ashanti bidders rebound
Mid-tier producer Randgold Resources made headlines during the week ending Aug. 12 by topping AngloGold’s bid for Ashanti Goldfields by about US$100 million. Randgold is offering one of its own…
PNWC bullish at River Valley
Vancouver — Harry Barr-led Pacific North West Capital (PFN-T) has tabled further encouraging drill results from its River Valley platinum group metal property, 60 km northeast of Sudbury, Ont.The pro…
De Beers boasts strong first half
Although the De Beers name is inevitably associated with polished diamonds and diamond jewelry, its core business remains the exploration for, and mining and marketing of, rough diamond gems.In 2002, …
Harmony ties knot with African Rainbow
South Africa’s Competition Commission has approved the proposed merger of Harmony Gold (HMY-N) and black empowerment company African Rainbow Minerals Gold.The decision paves the way for the creation o…
WMC exits Canada
One of the most significant deals of the report period was the agreement to merge WMC Resources’ Canadian subsidiary WMC International with Canadian junior gold explorer Comaplex Minerals.Comaplex wil…
Good widths at Morro do Vento
The first three holes drilled by Desert Sun Mining (DSM-T) at the Morro do Vento prospect in the Jacobina area of Bahia state, Brazil, have intersected multiple zones of gold mineralization.Desert Sun…