Newmont picks Clover (September 22, 2003)
Vancouver — Just days after granting Great Basin Gold (GBG-T) the right to earn a 70% stake in its Golden Cloud property, Atna Resources (ATN-T) has dealt a second Nevada property, this time to the w…
Newmont Mining Corporation
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…
Annual Aussie talkfest starts with a bang
Kalgoorlie, Australia — While the August weather may have been chilly, the kick-off of the 11th annual Diggers & Dealers mining conference in Western Australia provided some heat for the record 1,200…
Tan Range’s royalty structure unique among explorers
Amongst all the junior exploration companies out there, Tan Range Exploration (TNX-V) stands alone in fully embracing the royalty business model to advance its grassroots mineral projects.Based in Van…
De-hedging accelerates
Against a backdrop of higher gold prices and lower interest rates, the global gold hedge book saw 5.2 million oz. trimmed from its pages during the three months ended June 30, helping to underpin the …
Blanchard proceeds with lawsuit
New Orleans-based Blanchard and Co., the largest retail gold dealer in the U.S., received word from the U.S. District Court for the Eastern District of Louisiana that its lawsuit against Barrick Gold …
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…
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…
Newmont buys Ntotoroso
Newmont Mining (NEM-N) will consolidate its holdings in the Yamfo-Sefwi belt in Ghana by buying Moydow Mines International’s (MOY-T) half-interest in the gold project known as Ntotoroso.The major will…
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.
Metallurgical tests positive at Casposo
Metallurgical tests on drill core from the Casposo gold-silver deposit in Argentina suggest the mineralization may be easy to mill and leach.Project operator Intrepid Minerals (IAU-V) engaged the Inst…