Shareholders give nod to merger of Chase, Delta
Shareholders of Chase Resource (GQS-T) and Delta Gold Mining (DTG-V) have approved a merger agreement.Under the proposed amalgamation, Chase shareholders will receive one share of the new company for …
News
Busang audit expected May 5
Market-watchers are bracing themselves for a rough ride as Bre-X Minerals (BXM-T) and Freeport McMoRan Copper & Gold (FCX-N) await interim results of Strathcona Mineral Services’ technical audit on th…
NEW HORIZONS — Gold in the heavens
Whether in steady orbit around the earth or on a long journey to a distant planet, satellites and the success of their missions depend on gold.Handheld Global Positioning Satellite (GPS) units are bei…
EDITORIAL AND OPINION — Expect more media scrutiny, not less — Eye on Toronto
Jack Geller, acting chairman of the Ontario Securities Commission (OSC), has criticized the media for creating “a feeding frenzy” over Bre-X Minerals and the issue of whether or not there is gold at i…
Rosebud blossoms ahead of schedule
Commercial production at the Rosebud gold-silver mine in northwestern Nevada has begun, two months ahead of schedule and US$3 million under budget.Joint owners Hecla Mining (HL-N) and Santa Fe Pacific…
Battle Mountain hits gold on Birim’s Dunkwa property
Battle Mountain Canada (BMC-T) has recovered encouraging gold intersections from the Opon prospect, part of the 230-sq.-km Dunkwa property of Birim Goldfields (BGI-T) in the Ashanti gold belt of Ghana…
Barrick to buy Gold Bar in Nevada
Barrick Gold (ABX-N) is hoping to gain a foothold in Nevada’s Battle Mountain trend by purchasing the Gold Bar property from Atlas (AZ-N).The major can acquire more than 90% of the property with an op…
Voisey’s Bay project featured at CIM meeting
Although it is situated on the other side of the country, the Voisey’s Bay nickel-copper-cobalt project was among the deposits highlighted at the 99th annual meeting of the Canadian Institute of Minin…
Chocolate Reef taking shape
A preliminary resource estimate for the Chocolate Reef structure on the Kahama-Buzwagi property in Tanzania indicates a resource in excess of 1 million oz. gold.Pangea Goldfields (PGD-T) reports that …
ODDS ‘N’ SODS — Enlightened
After spending three years in the South Pacific, the Philippines and Japan during the Second World War, I returned to the U.S. in 1947 and spent a year in college as a chemistry major.That summer, I g…
LETTER TO THE EDITOR — Busang performances award-worthy
I have always been a sucker for fairy tales, perhaps because I’m a kid at heart and have always wished they were true.The rags-to-riches story of Bre-X Minerals, the small Canadian company that suppos…
DIAMOND PAGE — Redaurum acquires Colorado kimberlite
Redaurum (RRK-T) has augmented its Colorado holdings by acquiring the Maxwell kimberlite pipe property.The property, which had belonged to a private Colorado company, is 2 km west of Redaurum’s produc…