Orezone tests Bondi project
The first seven infill holes drilled on the Bondi gold property in Burkina Faso have returned encouraging results for Orezone Resources (ORZ-T).The reverse-circulation (RC) program focused on the Main…
BHP Billiton
Monument Bay yields gold
Drilling by partners Bema Gold (BGO-T) and Wolfden Resources (WLF-T) has intersected two gold-mineralized shoots near the Twin Lakes West zone on the Monument Bay property, 650 km northeast of Winnipe…
Miners hit new highs
With base metal prices rising across the board in response to a weakening U.S. dollar, U.S.-listed base metal majors basked in new multi-year highs during the 4-day period ended Dec. 22.Alcoa led the …
Ok Tedi suit settled out of court
A class-action lawsuit launched in Victoria state, Australia, against Ok Tedi Mines and BHP Billiton (BHP-N), has b…
People (December 15, 2003)
Alamos — John McCluskey appointed president; John Van De Beuken appointed VP and COO; Leonard Harris appointed director; Chester Millar and Stephen Stine resigned as directors.Becker — John Berezowe…
Gold stocks down as bullion rises
This was a week of mainly sideways motion in the U.S. equity markets, with the Dow Jones Industrial Average rising 69.78 points to 9,923.42, as the Standard & Poor’s 500 Index fell 6.44 points to 1,06…
Stornoway reports strong microdiamond count
Summer drilling on the AV-1 kimberlite showing on the Melville Peninsula in eastern Nunavut has returned highly significant microdiamond counts showing good potential for larger, commercial-size stone…
BHP Billiton to sell stake in Highland Valley
Vancouver — BHP Billiton (BHP-N) has inked a deal with privately owned Quadra Mining to sell its 33.6% stake in the Highland Valley Copper mine, in British Columbia, as well as its 100% interest in t…
Aber to buy Harry Winston
Aber Diamond (ABZ-T) has struck a preliminary deal to acquire Harry Winston, the prestigious New York-based “jeweler to the stars.”The deal would take place in stages, beginning with a 51% stake invol…
Andina on strike
Vancouver – The supply of copper concentrates on the world’s market got a little bit tighter after workers walked…
BHP Billiton sells Highland Valley Copper interest
Vancouver — BHP Billiton has inked a deal with privately-owned Quadra Mining to sell its 33.6% interest in the Hi…
Orezone cuts prospect at Essakan
Ongoing rapid-air-blast drilling by Orezone Resources (ORZ-T) has turned up a new gold prospect at the Essakan property in Burkina Faso, West Africa.The prospect, which overlies the Soka gold anomaly,…