San Gold, Gold City team up to buy Bissett mine
The Bissett gold mine, north of Winnipeg, Man., is about to change hands yet again.South Africa’s Harmony Gold Mining (HMY-N) has inked a deal to sell the project to San Gold Mining (SGR-V), a junior …
News
Placer Dome eyes US$2.2-billion gold project pipeline
Vancouver — Maintaining production levels following a period of rapid growth is never easy, but with four major gold deposits sitting in its property pipeline, Placer Dome (PDG-T) aims to do just tha…
Suppliers Roundup (March 08, 2004)
ALS expands in South AfricaALS Chemex is preparing to open a new, full-service lab in Johannesburg.The lab will service the growing need for sample analysis in Africa and help ALS Chemex expand its pr…
Gold gives Nicaragua much-needed boost
Few countries have as sad a tale to tell as Nicaragua. Ravaged by a decade of civil war and strangled by a U.S. trade embargo in the 1980s, her economy was just beginning to recover when Hurricane Mit…
Agnico-Eagle’s gold reserves approach 8 million oz. (March 08, 2004)
A year of furious drilling has allowed Agnico-Eagle Mines (AGE-T) to nearly double reserves to 7.9 million oz. gold at the LaRonde mine and nearby Lapa and Goldex exploration properties in northwester…
Trans Am drills for gold
A bitterly cold winter has slowed, but not stopped, plans by Trans America Industries (TSA-V) to drill targets in the Lynn Lake gold camp of Manitoba.The Vancouver-based junior holds 26 contiguous cla…
Kimber aims to advance Carmen to feasibility
Stronger precious metals prices have re-ignited interest in Mexico’s Sierra Madre gold-silver belt, and among the beneficiaries is Kimber Resources (KBR-V), which plans to complete a feasibility study…
Noranda takes another kick at the can in Bathurst
With a little encouragement from a province anxious to secure its mining future, Noranda (NRD-T) has sent an exploration team back to northern New Brunswick to investigate the 50-year-old Bathurst bas…
Rare Earth explores nickel find at South Bay
Vancouver — With more than $3 million in its coffers, Rare Earth Metals (REM-V) is busy exploring its four mineral properties — three in Manitoba and one in Nevada.In Manitoba, the company is engage…
Candente aims drills at Peruvian targets
Vancouver — Candente Resource (DNT-V) is preparing to drill its Alto Dorado and Canariaco properties in northern Peru.At Alto Dorado, the company intends to complete at least 2,000 metres in the firs…
Minco goes east for ‘Carlin’ gold
Barring unforeseen events and assuming exploration continues apace, the Qinling Gold Triangle is poised to become China’s equivalent of Nevada’s Carlin trend — one of the premier gold-mining camps in…
Producer and Dealer Prices (March 08, 2004)
Antimony: Mid-mkt US$2,700/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$24-28/lb.Copper: Comex Mar. US$1.376/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: Mi…