News

Sulliden targets oxides

Preliminary drilling at the Shahuindo gold-silver property in Peru has led to the discovery of further promising mineralization for Sulliden Exploration (SUE-T).Situated 15 km west of the city of Caja…


Save the Sphinx

Well, the Pyramids are secure from those nasty robber barons: the International Council on Mining and Metals (ICMM), following consultations with the World Conservation Union and the United Nations Ed…


Atna deals Golden Cloud to Great Basin Gold

Vancouver — Hunter-Dickinson-led Great Basin Gold (GBG-V) has inked a deal with Atna Resources (ATN-T) to acquire a 70% stake in the Golden Cloud property in Nevada.The project is connected to the so…


LME Warehouse Levels (September 01, 2003)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 26 (change from Aug. 19 in brackets):MetalStock(tonnes)ChangeAluminium1336700(+1…


Camp Caiman advancing to feasibility

A preliminary economic assessment of the Camp Caiman gold project in French Guiana indicates that production of just under 100,000 oz. gold annually could be economic.The study, done for owner Ariane …


Diavik pleased with Tlicho deal

Diavik Diamond Mines President Joe Carrabba says it will be business as usual following a deal signed by federal, territorial and aboriginal leaders that gives the Tlicho (or Dogrib) nation exclusive …


Aurizon narrows loss in second quarter

Higher gold prices helped Vancouver-based Aurizon Mines (ARZ-T) narrow its losses during the second quarter.The loss was trimmed to $212,000 (or nil per share), from a loss of $1 million (2 per share…


Producer and Dealer Prices (September 01, 2003)

Antimony: Mid-mkt US$2,270/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.68/lb.Cobalt: Recent trades US$9.80-11.25/lb.Copper: Comex Sept. US$0.80/lb.Indium: Indium Corp., ingot, US$180/kg.Iridiu…



Rio goes ahead at Aguablanca project

Rio Narcea Gold Mines (RNG-T) has arranged a US$47-million debt facility to mine the Aguablanca nickel sulphide deposit in southwestern Spain.The facility, arranged with Investec Bank (U.K.) and Macqu…


Peruvian police nab murder suspect

Peru’s national police have arrested a suspect in the shooting death of Jorge Luis Injoque, a geologist working for Barrick Gold in that country. The suspect’s name was not released.Injoque died July …


Gold bugs support Chinese gold IPO

Zhongjin Gold Co., China’s first-ever gold producer, recently bowed on the Shanghai Stock Exchange, and by the end of its first day of trading, its A shares had closed at 8.82 yuan — more than double…


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