Orezone drills Bondi, Essakan fails to grow
Orezone Resources (ORZ-T) has wrapped up a 41-hole, reverse-circulation drilling campaign on its Bondi gold propert…
News
Shear and Empire waive first right of refusal
Vancouver — BHP Billiton Diamonds, a subsidiary of BHP Billiton (BHP-N) will move ahead with the purchase of a 14%…
Queenstake moves forward at Jerritt Canyon
Vancouver — Queenstake Resources (QRL-T) has signed a purchase agreement with subsidiaries of AngloGold (AU-N) and…
People (June 02, 2003)
Melkior — Florent Bell and Francois Desrosiers appointed to board of directors.Pacific Minerals — Rui Feng resigned as director.Pasminco — Mark Rayner, Geoff Allen and Andrew Guy resig…
Samira Hill funding in place (June 02, 2003)
A group of lenders led by the African Development Bank (ADB) and including Semafo (SMF-T) has approved a US$27-million loan to La Socit des Mines du Liptako (SML) to develop the Samira Hill gold pro…
Ontario to spend more on mine rehab
The Ontario government has entered into a 2-year partnership with the Ontario Mining Association (OMA) to clean up abandoned mine sites.Under the program, the province will match OMA funds directed to…
The Northern Miner Indices (June 02, 2003)
North American Mining: 67.00 (-0.16)Small Producers: 70.31 (-6.97)(Sept. 30/98 = 100)…
Spot Prices Wednesday May 28, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$364.55-0.35Silver$4.59-0.15Platinum$671.00-9.00P…
Peruvian regulator reviews Tambogrande
The Instituto Nacional de Recursos Naturales (Inrena), the Peruvian government agency charged with advising the government on new mining projects, has completed its preliminary review of the environme…
New techniques in processing
Predicting the processing performance of an untried ore deposit is essential to determining its economic viability.In cases where an ore just makes product grade or is difficult to prepare for smeltin…
AngloGold sells Amapari to Eike Batista (June 02, 2003)
AngloGold (AU-N) will sell its Amapari project in northeastern Brazil’s Amapa state to Eike Batista’s Mineracao Pedra Branca do Amapari for US$18.2 million.AngloGold acquired Amapari in 1998 as part o…
Diavik receives engineering award
Diavik Diamond Mines has received the national award of achievement from the Canadian Council of Professional Engineers (CCPE) for the design and construction of the Diavik A154 dike.Building the dike…