Claude buoyed by higher gold sales
Increased gold and sales and a higher gold price helped Claude Resources (CRJ-T) achieve net earnings of $1 million during the three months ended Sept. 30.The profits translate into 2 per share, and …
News
Southern Rio drills 3Ts showings
Vancouver — Southern Rio Resources (SNZ-V) has begun drilling at its 3Ts epithermal gold-silver project, 125 km southwest of Vanderhoof, B.C.The program is targeting the Ted vein, where previous dril…
Partners fizzle at Headway property
A second phase of drilling at the Headway property in the Red Lake camp of Ontario has returned mixed results for King’s Bay Gold (KBG-V) and Solitaire Minerals (SLT-V).The highest reported result was…
Daily Metal Prices (November 24, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 18Nov. 17Nov. 14Nov. 13Nov. 12Al Alloy1382/140…
Glamis gives nod to Marlin
The board of directors of Glamis Gold (GLG-T) has authorized the final design and construction phase at the Marlin gold-silver project in Guatemala.Under a revised feasibility study, Marlin is expecte…
Etruscan tests anomaly in Mali
Nova Scotia-based Etruscan Resources (EET-T) has begun a program of soil sampling and auger drilling over a regional gold-in-soil anomaly on the 200-sq.-km Nianembale permit in Mali, West Africa.The 3…
Fifteen Years Ago / November 1988
Inco sinks cash into ManitobaStill under fire for a recapitalization plan designed to fend off a hostile takeover, Inco is setting aside $100 million to sustain production in its Manitoba division. Ov…
Silver zone found at La Pitarrilla (November 24, 2003)
Preliminary drilling by Silver Standard Resources (SSO-V) has intersected a new silver zone at the Pitarrilla project, 170 km northwest of Durango, Mexico.The 16-hole program, 2,500-metre program was …
E3 to be free of charge
Beginning in March 2004, the E3 Environmental Excellence in Exploration program will be available on the Internet free of charge.The program was launched by the Prospectors & Developers Association of…
LME Warehouse Levels (November 24, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 17 (change from Nov. 10 in brackets):MetalStock(tonnes)ChangeAluminium1384225(+1…
Shahuindo suit heads to Lima (November 24, 2003)
Ruling that a lower court judge is legally incompetent, the Supreme Court of Peru has voided a previous decision favouring the plaintiff in a legal battle over the Shahuindo gold property.The Supreme …
Partners advance Tulawaka gold project
Tanzania’s Ministry of Energy and Mineral Resources has granted partners Barrick Gold (ABX-T) and Northern Mining Explorations (MDN-T) a special mining licence for the commercial development of the Ea…