News


Midway cuts more gold in Nevada

Vancouver — Midway Gold (MDW-V) has been focusing its efforts on its namesake gold property in Nevada’s Nye Cty., where it is engaged in a joint venture with Newmont Mining (NEM-N).Midway lies betwee…


Junior explorers target Tonopah district

Vancouver — LEH Ventures (LEH-V) has become the latest junior exploration company to join the hunt for gold in the Tonopah region of Nevada.The company inked a deal to earn a 60% stake in the Baxter …


PFN, Freegold ink deal with Lonmin

Vancouver — Harry Barr-led Pacific North West Capital (PFN-T) and Freegold Ventures (ITF-V) have entered into an agreement with London-based Lonmin, the world’s third-largest primary producer…



Exchange Rates (June 09, 2003)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 3June 2May 30May 29May 28US$ in C$1.37581.36951.37081.3769…


Castleworth boosts Pan

Vancouver — According to a new resource estimate, Castleworth Ventures’ (WTH-V) Pan deposit in Nevada contains 467,000 oz. gold.The new figure, calculated by Reno-based Mine Development Associates, m…



Terraco assembling Nevada property package

Through a series of three property deals, Terraco Gold (TEN-V) hopes to assemble a package of drill-ready gold targets in Nevada.In a deal with Newmont Mining (NEM-N), Terraco can acquire the Tuscaror…


Dumont drills Cane Springs

A three-hole drilling program at the Cane Springs gold project in western Utah, about 100 miles southwest of Salt Lake City, has turned up altered shear zones along strike from previously known minera…



First Quantum profitable (June 09, 2003)

An expansion program and higher head grades enabled First Quantum Minerals (FM-T) to pump out twice as much copper cathode in the recent first quarter as a year earlier.The mid-tier producer mines the…


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