Spot Prices Wed., Sept. 17, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$372.90-8.25Silver$5.16-0.05Platinum$696.00-7.00P…
News
Exchange Rates (September 22, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 16Sept. 15Sept. 12Sept. 11Sept. 10US$ in C$1.36901.36591.3630…
Birim cuts gold in Ghana
Reconnaissance drilling by Birim Goldfields (BGI-T) has led to the discovery of several gold prospects at the Bui project in west-central Ghana.The program, entailing 3,411 metres in 59 reverse-circul…
TSE finds footing before closing bell
Despite some teeter-tottering, and no thanks to the golds, the Toronto Stock Exchange composite index ended the Sept. 10-16 period 28.98 points ahead at 7,625.37.Precious metal prices were down across…
Canadian Stock Exchange Indices (September 22, 2003)
DateSept. 16Sept. 15 Sept. 12Sept. 11 Sept. 10HighLowTSX Composite…
AfriOre cuts high-grade gold in Mali (September 22, 2003)
Best known for its coal-mining activities in South Africa, AfriOre (AFO-T) has created some heat as a result of exploration drilling at its new Banankoro gold project in Mali.Following the release of …
PMI targets Ghana gold
Vancouver — Encouraging results from the first 14 holes drilled at the Ashanti II gold project in Ghana have prompted operator PMI Ventures (PMV-V) to carry out further drilling.Advancing early-stage…
Gammon drills Ocampo (September 22, 2003)
Gammon Lake Resources (GAM-T) has completed the first round of 30 step-out and infill holes on its wholly owned Northeast Ocampo gold-silver project in Mexico.Highlights from the Aventurero zone inclu…
Boka drilling pulls up more gold (September 22, 2003)
Continued drilling by Southwestern Resources (SWG-T) at the Boka gold project in Yunnan province, China, has returned gold values at both the Boka 1 and Boka 7 targets.Hole B3-08, drilled between the …
Newmont picks Clover (September 22, 2003)
Vancouver — Just days after granting Great Basin Gold (GBG-T) the right to earn a 70% stake in its Golden Cloud property, Atna Resources (ATN-T) has dealt a second Nevada property, this time to the w…
Drilling resumes at Fort la Corne
The Fort la Corne joint venture will spend $3 million on drilling in Saskatchewan as it tries to learn more about the internal geology and diamond distribution of the kimberlite targets in question….
Gold output up in South Africa
South Africa’s gold production increased by 0.7% to 92.98 tonnes or almost 3 million oz. in the second quarter of 2003, compared with the corresponding period last year.However, on a year-over-year ba…