Sikaman begins gold production in Ghana
The Goldenrae alluvial gold mine in Ghana, West Africa, has entered into production, two weeks behind schedule but 10% below budget. At operating costs of below US$130 per oz., part-owner Sikaman Gold…
The Goldenrae alluvial gold mine in Ghana, West Africa, has entered into production, two weeks behind schedule but 10% below budget. At operating costs of below US$130 per oz., part-owner Sikaman Gold…
St. Genevieve Resources (TSE) recently bought for cancellation, $10.7 million worth of its 5.625% convertible bonds, through a transaction on the Swiss bond market. The bonds were purchased for the eq…
A proposed joint venture agreement is setting the stage for Pacific Century Explorations (VSE) to take on a partner for continued exploration of the Pay Dirt property in northwestern British Columbia….
A recent joint venture agreement between Bethlehem Resources (TSE) and Goldnev Resources (VSE) will provide for ongoing exploration of several prospects in the vicinity of the Goldstream polymetallic …
Initial drilling results from the Quet property, 90 km northeast of Vancouver, returned wide intersects of low-grade gold. Noranda (TSE) is earning a 60% interest in the property from Aranlee Resource…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 16 October 15 October 12 October 11 October 10 Copper 1341-1343 1352-1353 13…
Drilling on the Illinois Creek project in the western interior of Alaska is returning wide intersections of gold mineralization. The property is owned by Vinta Exploration (VSE) which recently complet…
George Scott and Robert Barbero appointed directors succeeding Arthur Clemiss and John Ivany who resigned.
If you ask the chief executive of a large Canadian mining company what business he is in, he is likely to give you a funny look before replying, “Why, the mining business, of course.” If you ask him t…
Gold-producer Placer Dome (TSE) has put the fate of the 80-year-old Dome mine here in the hands of the United Steelworkers of America. On Oct. 11, the company delivered videotaped messages from Anthon…
Rea Gold (TSE) is carrying out a due diligence review of the mineral assets of Kookaburra Gold (VSE) as a first step in plans to acquire a controlling interest in the Australian- backed junior. Althou…
Montreal-based Canadian Liquid Air says it will build an on-site Vacuum Swing Adsorption (VSA) plant to supply oxygen to Placer Dome’s (TSE) new autoclave at the Campbell gold mill near Balmertown, On…
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