Drilling by Axmin (AXM-V) at the Bambari property in the Central African Republic has confirmed mineralization at depth below the surface gold occurrence knows as the French Camp prospect.The four mos…
After the Quebec election in early June, Jean Charest’s newly elected Liberal government said its 2003-2004 budget would pare back tax credits and tax holidays for businesses. Despite the cuts, Quebec…
Noranda buys Falco blockNoranda has quietly gone to the open market and emerged as Falconbridge’s largest shareholder.While the market was distracted by some heavy trading of the Falconbridge issue, N…
Talks regarding a new contract for miners in South Africa reached an impasse in mid-July, and workers in the world’s biggest gold-producing country set a deadline of late July for the first nationwide…
Alberta Star — Allan Feldman appointed head of investor relations.Aldridge — Brian Mountford resigned as president and director; Morris Beattie appointed president.Claude Res. — Robert…
Some of the shine on the Churchill diamond play in eastern Nunavut has tarnished following the release of microdiamond results from the Meliadine East project: they show that nine of the 11 kimberlite…
Vancouver — The second quarter of 2003 was a stellar one for Freeport-McMoRan Copper & Gold (FCX-N), which earned US$57.4 million (or US37 per share) in the three months ended June 30.The figure mar…
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 22July 21July 18July 17July 16Al Alloy1352/136…
DateJuly 22July 21July 18July 17July 16HighLowTSX Composite7185.18…
The biggest deal of the period was the proposed sale by Rio Tinto and BP of their 50-50 Indonesian joint venture, PT Kaltim Prima Coal, to Jakarta-listed Bumi Resources for US$500 million in cash and …
Vancouver — Canada’s junior exchange rallied near the end of the week ended July 22, with investors buying select diamond and gold-related stocks. The S&P-TSX Venture Exchange composite index gained …
After drill-testing 11 geophysical targets at its Portage project in Quebec, Majescor Resources (MAJ-V) reports that no kimberlite was intersected.The company used a reverse-circulation rig to sample …
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