Financing in hand for Samira Hill project (October 30, 2002)
The African Development Bank (ADB) has approved a US$12.5-million loan to La Societe des Mines du Liptako (SML) to…
2002
Trading Summary (October 29, 2002)
On Tuesday, a downbeat session on the markets set the Toronto Stock Exchange Composite index back to 6,294.81 point…
Ariane confirms C88 grades
Vancouver – The initial results from an ongoing drill program by Ariane Gold (AGD-T) have confirmed that high grade…
Ashanti ends profitable quarter (October 29, 2002)
Ghanaian gold producer Ashanti Goldfields (ASL-N) maintained its profitablility in the quarter, while the pressure…
Bema looks to Russia for high grade
Vancouver – Bema Gold (BGO-T) has inked a deal with the government of the Chukotka, an autonomous region in northea…
Trading Summary (October 28, 2002)
The Toronto Stock Exchange was marginally better on Monday, with the S&P Composite advancing 13.50 points to 6,419.
Iamgold, Repadre ready to combine
Two of the smaller but richer companies in the gold business, Iamgold (IMG-T) and Repadre Capital (RPD-T), have ann…
Grupo Mexico eyes Mission closure
Vancouver – Diversified miner BHP Billiton (BHP-N) may not envision any further production cuts from its copper ope…
Drills spin at St. Jude’s Subriso and Hwini-Butre
Vancouver — St. Jude Resources (SJD-V) has kicked off its fall drilling campaign at its Subriso and Hwini-Butre pr…
Meridian falls slightly in Q3 (October 28, 2002)
Reno, Nev.-based Meridian Gold (MDG-T) has chalked up another profitable quarter, pocketing US$9.2 million for the three months ended Sept. 30 as revenue soared to US$33.6 million.The US10-per-share …
King Eider kimberlite proves complex
Eager to get a better handle on the diamond distribution of the known King Eider kimberlite on Victoria Island, partners Diamonds North Resources (DDN-V) and Canabrava Diamond (CNB-V) have drilled two…
OM whacked by UN report
Shares in Cleveland-based cobalt refiner OM Group crashed to a three-and-a-half-year low during the report period following its mention in a UN Security Council report on illegal mining activity in th…