Golden Star takes over Mampon, Dunkwa
Three property deals have expanded the land package held by Golden Star Resources (GSC-T) around its Bogoso and Prestea gold mines on the Ashanti trend in Ghana.In the first of the three deals, Golden…
2003
Daily Metal Prices (April 28, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 22April 21April 18April 17April 16Al Alloy137…
Rubicon hits high-grade at McFinley
Vancouver — Rubicon Minerals (RMX-V) has cut several intervals of high-grade gold at the McFinley project in Ontario’s Red Lake camp.So far, 26 holes (or 8,465 metres) have targeted unexplored parts …
Benchmark, gold stage rally
The Toronto Stock Exchange composite index began the holiday-shortened April 16-22 report period in retreat mode but quickly found its footing to finish the week 97.74 points ahead. Fueling the rally …
New Brunswick offers variety of gold environments
The recent grassroots discovery of intrusion-related gold occurrences in the southwestern area of the province highlights the potential for economic precious metal deposits in New Brunswick. Coupled w…
Junior exchange bullish as Iraq fears subside
Vancouver — With the war in Iraq basically over, investors began to take money off of the sidelines. Over the week ended April 22, the S&P-TSX Venture Exchange composite index tacked on 9.41 points, …
SKN Resources seeks gold in northeastern Tibet
Vancouver — SKN Resources (SRL-V) has entered into an agreement with the Chinese government to acquire interests in nine exploration permits in northeastern Tibet (Xizang), site of the Zage gold pros…
More capital needed to reach lofty goals at President Steyn
Welkom, South Africa — There’s a buzz of energy permeating the staid, 1960s-style boardroom which Thistle Mining (TTH-T) inherited when it purchased the President Steyn gold mine in South Africa. Aft…
Financing mining in Quebec
In 2002, mining investment in Quebec amounted to roughly $752 million, a significant drop from the $1.2 billion recorded in 2001. The decline can be explained mostly by the completion of three major m…
Editorial: Quieter evolution
The defeat of the Parti Qubecois in the recent Quebec election sneaked up on news junkies, who were busy watching the invasion of Iraq. But there it was: the more-or-less federalist provincial Libera…
Drilling extends River Valley mineralization (April 28, 2003)
Results from a stepout hole at the River Valley property, near Sudbury, Ont., indicate potential for expanding the Dana North deposit.Partners Pacific North West Capital (PFN-T) and Anglo American Pla…
Spot Prices Wednesday April 23, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$333.80+9.95Silver$4.57+0.08Platinum$638.00+14.00…