Broad market slips as gold miners rise
The Standard & Poor’s/TSX composite index began the Aug. 20-26 report period on a high note, only to succumb to bearish mentality by its close. The result was a value reduction of 32.09 points, as the…
Orezone Resources Inc
Bondi results warrant follow-up
Orezone Resources (ORZ-T) says results from reverse-circulation drilling on the Bondi gold property in Burkina Faso have exceeded expectations.The 2,250-metre, 31-hole program targeted a portion of a …
Orezone finds north extension at Essakan
Vancouver — Ongoing drilling by Orezone Resources (ORZ-T) at the Essakan gold deposit in Burkina Faso has uncovered a northern extension.Results show that the zone has the same geology and style of m…
Stronger gold pays off in Burkina Faso
The recent surge in the price of gold has revitalized exploration in Burkina Faso, a pocket of Africa known more for its poverty than for its wealth of mineral resources.Burkina Faso first emerged as …
Analysts pick best bets for 2003
The Northern Miner asked five analysts of the junior mining sector for their recommendations and predictions for 2003. The list includes John Kaiser, publisher of the Kaiser Bottom Fishing Report, Don…
Iamgold execs cash in options
Recent insider trading transactions reported by the Ontario Securities Commission include the following:n Aurizon Mines (ARZ-T) — Ian Walton, director, sold 10,000 shares at $1.32 apiece to hold 764,…
2002 marked by further consolidation
It did not feel as momentous as 2000 or 2001, when we saw the creation of several global mining giants, but 2002 was full of smaller-sized mergers, particularly in the precious metals sector.Among the…
Equities bounce back at gold’s expense
The widespread rally in the global stock markets, which started on July 25, pulled the Toronto Stock Exchange TSX Composite index up 350.1 points in the report period July 24-30. The index closed at 6…
Corrections (December 03, 2001)
In our Nov. 26-Dec. 2 report on the Canadian Mining Hall of Fame, we neglected to mention that the Mining Association of Canada is a sponsor.The Hall of Fame is also supported by the Canadian Institut…
Orezone nabs Seguenega from Repadre Capital
Toronto-based Orezone Resources (ORZ-T) has added the Seguenega gold project in Burkina Faso to its exploration portfolio in West Africa.In return for a 90% stake, Orezone issued 200,000 shares to Rep…
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…
Gold rally fizzles (sigh)
Gold bugs had little time to celebrate during the May 23-29 report period, as the mid-May gold rally quickly fizzled after a few exhilarating days. Coming off an earlier peak exceeding US$290 per oz.,…