Base metal miners shine
While gold producers enjoyed the limelight in early December, it was the base metal miners that powered forward during the 4-day period ended Dec. 22 as the S&P/TSX Metals and Mining index rocketed 12…
2003
Anooraq drills Drenthe
Infill drilling by Anooraq Resources (ARQ-V) has reduced, by half, the drill-hole spacing on the central portion of the Drenthe farm, in South Africa’s Bushveld igneous complex.Highlights from the pro…
Sur samples gold-bearing skarn at Comval (December 29, 2003)
Surface exploration at the Comval property in the Eastern Mindanao mineral belt of the Philippines has turned up more of the yellow metal for Sur American Gold (SUR-V).Channel sampling at a recently d…
Metals Commentary: Bright outlook for precious metals
All the key trends that have contributed to rising gold prices over the past year remain in place. The strong price recovery in commodities across all sectors continues to attract investment into prec…
Aurelian cuts high grades in Ecuador
Zamora, Ecuador — Aurelian Resources (ARU-V) has intersected spectacularly high-grade gold values in the first hole drilled at its 100%-owned Condor project in southeastern Ecuador.The Toronto-based …
Rubicon expands Jaclyn’s dimensions
Midway through a drilling program at the Golden Promise project in central Newfoundland, Rubicon Minerals (RMX-T) has determined that the deposit’s Jaclyn vein zone is bigger than expected.Rubicon opt…
Editorial Cartoon (December 29, 2003)
Exchange Rates (December 29, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 22Dec. 19>Dec. 18Dec. 17US$ in C$1.33151.33971.32921.3251…
Radius tallies Tambor gold
Vancouver — An independent estimate commissioned by Radius Explorations (RDU-V) suggests that the Tambor property in Guatemala has a resource equivalent to 274,000 oz. gold.Based on a cutoff grade of…
Sabotage
The following is an excerpt from Glitter & Greed: The Secret World of the Diamond Cartel. The author, a journalist and human rights activist, has written about De Beers Consolidated Mines for roughly …
Monument Bay yields gold
Drilling by partners Bema Gold (BGO-T) and Wolfden Resources (WLF-T) has intersected two gold-mineralized shoots near the Twin Lakes West zone on the Monument Bay property, 650 km northeast of Winnipe…
Ghana gives nod to Newmont’s Ahafo
The Parliament of Ghana has unanimously approved a foreign investment agreement with Newmont Mining (NEM-N), paving the way for construction of the Ahafo gold project in the Brong Ahafo region.The agr…