AMI samples high grade at Adumasa project
AMI Resources (AMU-V) has tabled impressive results from ongoing pitting and trenching at the Adumasa project in Ghana, West Africa.The program is testing surface mineralization between holes ADDD007 …
News
Cumberland looks to Canada’s Far North
Baker Lake, Nunavut — Convinced that its wholly owned Meadowbank gold project in the Canadian Arctic has the potential to deliver 250,000 oz. annually, Cumberland Resources (CBD-T) is spending $6.4 m…
Aurion sheds stake in Zimbabwe platinum miner
Vancouver — Australian gold miner AurionGold has sold its 21% interest in Australian-listed Zimbabwe Platinum Mines (Zimplats) for A$35.3 million.Impala Platinum Holdings picked up the shares at A$1….
GREATEST VALUE TRADED, AUG. 28 – SEPT. 3
ExchgVal($000s)HighLowCloseChangeEcho Bay MinesT67111.661.431.65+0.17…
Cambior readies Rosebel as Omai declines
With mining at the Omai open-pit gold mine in Guyana slated to finish by the end of 2005, Cambior (CBJ-T) is preparing for construction at the Rosebel open-pit gold project in neighbouring Suriname.To…
News – 09-SEP-02
Alcan receives award
Alcan has won an award from the United Nations and the International Chamber of Commerce for excellence in sustainable development.The award was presented to the aluminum company’s International Micro…
PEOPLE (September 09, 2002)
BHP Billiton — David Munro appointed vp.Dofasco — Walter Bilenki appointed vp, finance; Joe Neri appointed president, powerlasers and Howard Woods appointed general manager, Dofasco USA.Mineral I…
Net-based software helps users make decisions
Perth, Australia-based Intierra has developed software that monitors the global resource industry.Subscribers will receive, via the Internet and in map form, information on Australian geoscience and f…
Redcorp aims drill at Hawk in BC
Redcorp Ventures (RDV-T) has launched a 1,500-metre drill program on its Hawk gold project in north-central British Columbia.Surface sampling traced two parallel veins over a 3-km strike length at the…
LME Warehouse Levels (September 09, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 3 (change from August 27 in brackets):Metalstock (tonnes)ChangeAluminium1299525…
Placer cuts hedge book, extends Aurion offer
A day after deciding to reduce its hedge book, Placer Dome (PDG-T) extended its takeover offer for AurionGold, an Australian producer that is itself heavily hedged.By year-end, Placer expects to have …