Latest Tirisano auction a hit (April 15, 2003)
The last parcel of diamonds pulled from a test panel dug at the Tirisano alluvial diamond mine in South Africa has…
2003
More gold at Midway
Vancouver — Midway Gold (MDW-V) has tabled results from 13 more drill holes from the Discovery zone area on the Mi…
Trading Summary (April 15, 2003)
Tuesday was another generally positive day on financial markets, with the TSX Composite index rising 25.75 points t…
Water problems worsen at McArthur River
Cameco (CCO-T) has found that the water-infiltration problems first experienced on April 6 at its flagship McArthur…
Tournigan Gold closes $1.25 million financing
Vancouver –Tournigan Gold (TVC-V) has closed the $1.25 million brokered short form financing that it announced on…
Manhattan gets one-year extension
Vancouver The Peruvian government has granted Manhattan Minerals (MAN-T) a one-year extension to its option agree…
Q4 casts pall over Apollo Gold
Vancouver — Mid-tier miner Apollo Gold (APG-T) felt the impact of non-cash charges during its inaugural year of operation.The Denver-based company suffered a loss of C$4.8 million (or C25 per share)…
Limousine Butte returns to Nevada Pacific
Vancouver — Junior Nevada Pacific Gold (NPG-V) has reacquired sole ownership of the Limousine Butte project in Nevada.The company picked up the remaining 50% interest it did not already own from Newm…
The Russian market
It is estimated a third of the world’s mineral reserves are in Russia, where the mining market is dominated by Norilsk Nickel, diamond miner Alrosa, and oil and gas giant Sakhalin. These companies inv…
Geomaque reworks Defiance deal with Aussie miner St Barbara
Under a revised plan, Geomaque Resources (GEO-T) will play a larger role in the creation of an international gold mining company.In January, Geomaque announced plans to merge with Australia-listed St …
Anglo greases drills at Boyongan project
Vancouver — Anglo American (AAUK-Q) is sending eight drill rigs to explore the Boyongan project in the southern Philippines. The property is held equally by Anglo American and Philex Gold (PGI-V).Ang…
Cheviot mine on hold
Poor markets for metallurgical coal have caused Fording Canadian Coal Trust (fdg.un-t) to suspend development at its Cheviot coal project near Hinton, Alta., until markets improve.Cheviot, which had b…