Eldorado revises estimates at Sao Bento
Vancouver — A capital expansion plan, combined with the strengthening Brazilian currency, has led Eldorado Gold (ELD-T) to revise its anticipated gold production and production costs at the Sao Bento…
News
Protest won’t affect business: Tiffany & Co.
A protest in early May by the United Steelworkers of America (USWA) outside Tiffany & Co. in Chicago, Ill., will not affect the flow of silver and gold to the luxury goods retailer from Kennecott Utah…
AngloGold eyes top spot with Ashanti takeover
Looking to regain top spot among global gold producers, South Africa’s AngloGold (AU-N) has entered talks aimed at achieving a merger with Ghana-based Ashanti Goldfields (ASL-N).The talks are centred …
Fortune drilling cuts high gold grades (May 26, 2003)
Infill drilling by Fortune Minerals (FT-T) on the Nico polymetallic deposit, 160 km northwest of Yellowknife, N.W.T., has intersected high gold grades.Fortune, which has a 35-hole program under way to…
Trading Summary (May 23, 2003)
The Toronto Stock Exchange closed marginally higher on Friday, with the TSX Composite index up 3.56 points to 6,782…
Breakwater adds a year’s reserve at Langlois
An infill drilling program by Breakwater Resources (BWR-T) has upped reserves at the Langlois base metal mine in no…
LionOre posts a solid quarter
Vancouver The first quarter of 2003 proved to be a good one for LionOre Mining International (LIM-T).The nick…
AngloGold sells Amapari to Eike Batista (May 23, 2003)
AngloGold (AU-N) will sell its wholly-owned Amapari gold project in northeastern Brazil’s Amapa state to Eike Batis…
Yandal derivatives timebomb keeps ticking
Newmont Mining (NEM-N) has revealed that on May 21, its wholly owned Australian subsidiary Newmont Yandal received…
Trading Summary (May 22, 2003)
World stock markets mainly advanced strongly on Thursday, and the Toronto exchange was no exception. The TSX Compos…
Pan deposit gets a boost
Vancouver — A new resource estimate indicates that Castleworth Venture’s (WTH-V) Pan gold deposit in Nevada holds…
Drilling confirms copper-gold at Afton (May 22, 2003)
Vancouver — DRC Resources (DRC-T) has tabled more results from an ongoing infill drill program at its Afton copper…