American Gold gains Metates
Vancouver-based American Gold Capital (AAU-V) has acquired the Metates gold-silver project in the Mexican state of Durango.The company issued 12 million shares for the acquisition, as required under t…
News
Golden Goose ponders Magino options
Location matters in the mining industry, which explains why management of Golden Goose Resources (GGR-V) is tracking the pending closure of the Hemlo gold mines in Ontario.The company’s Magino gold pr…
Loulo project shows potential of Senegal-Mali shear zone
Kniba, Mali — If West Africa has been the gold industry’s elephant country in the past decade, it is the Senegal-Mali shear zone where the biggest trophies have been bagged.The biggest, certainly, …
Falconbridge ratifies new deal in Sudbury
Falconbridge (FL-T) has avoided another strike at its nickel operations in Sudbury, Ont., by signing 220 unionized office, clerical and technical employees to a 3-year labour pact just hours before th…
Southwestern Res. soars on Boka discovery
With shares trading at about $35, Southwestern Resources (SWG-T) has been given a rousing vote of confidence for its exploration efforts at the Boka gold project in southern China.The Vancouver-based …
Glencairn looks for new veins at El Limon
Leon, Nicaragua — Glencairn Gold (GGG-T) has begun a major hunt for new reserve ounces around its aging El Limon gold mine in Nicaragua.The Toronto-based junior acquired a 95% stake in the mine last …
Trans Am drills for gold
A bitterly cold winter has slowed, but not stopped, plans by Trans America Industries (TSA-V) to drill targets in the Lynn Lake gold camp of Manitoba.The Vancouver-based junior holds 26 contiguous cla…
Noranda takes another kick at the can in Bathurst
With a little encouragement from a province anxious to secure its mining future, Noranda (NRD-T) has sent an exploration team back to northern New Brunswick to investigate the 50-year-old Bathurst bas…
Rare Earth explores nickel find at South Bay
Vancouver — With more than $3 million in its coffers, Rare Earth Metals (REM-V) is busy exploring its four mineral properties — three in Manitoba and one in Nevada.In Manitoba, the company is engage…
Candente aims drills at Peruvian targets
Vancouver — Candente Resource (DNT-V) is preparing to drill its Alto Dorado and Canariaco properties in northern Peru.At Alto Dorado, the company intends to complete at least 2,000 metres in the firs…
Minco goes east for ‘Carlin’ gold
Barring unforeseen events and assuming exploration continues apace, the Qinling Gold Triangle is poised to become China’s equivalent of Nevada’s Carlin trend — one of the premier gold-mining camps in…
Producer and Dealer Prices (March 08, 2004)
Antimony: Mid-mkt US$2,700/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$24-28/lb.Copper: Comex Mar. US$1.376/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: Mi…