News

Canico cuts new zone in Brazil

Vancouver An ongoing 11,000-metre drill program has discovered a new zone of nickel laterite mineralization on th…


AfriOre adds to gold stable

Continuing its move into the gold business, AfriOre (AFO-T) has been awarded a special prospecting licence for the…



Glamis doubles Marlin resource

Halfway through a US$3-million drilling campaign, Glamis Gold (GLG-T) has more than doubled the resource of the Marlin gold-silver project in western Guatemala, expanding it to 3.3 million oz. gold-eq…





Correction (November 18, 2002)

The story “New tents pitched in Red Lake camp” (T.N.M., Oct. 21/02) incorrectly stated that Southern Star Resources (YSO-V) is a wholly owned subsidiary of Golden Star Resources (GSC-T).Southern Star …


PEOPLE (November 18, 2002)

Almos Gold — Chester Millar, John McCluskey, Steve Stine, James McDonald and Richard Hughes appointed directors.


Lending Rates (November 18, 2002)

as of 4 pm ET, Nov. 12, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Prime4.25LIBOR US$ 3-month1.40LIBOR US$ 6-month1.40LIBOR US$ 1-year1.54Gold lease 3-month0.35Gold leas…


Placer moves to complete AurionGold takeover

With more than 91% of AurionGold’s shares in its grasp, Placer Dome (PDG-T) intends to exercise its rights to acquire the remainder.Placer expects to have the remaining shares within two months, at wh…


Royal sees revenues rise on Pipeline production

A 2.6% increase in the sliding-scale royalty on production from the Pipeline operation in Nevada resulted in higher third-quarter revenue for Denver-based Royal Gold (RGL-T).The gold royalty company s…


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