Economic uncertainty holds back gold demand
Overall gold demand for jewelry, retail investment, industrial and dental uses amounted to 729 tonnes in the second quarter of 2002, 14% lower than a year earlier, according to a report by the London-…
News
News – 14-OCT-02
Quebec gold juniors still on the move
Rouyn-Noranda, Que. — The annual convention of the Quebec Prospectors’ Association, held here recently in the heart of the Abitibi, is shining a spotlight on the many exploration and development proj…
Bema Gold makes ‘pre-emptive strike’
Eyeing some attractive South African gold assets, junior Bema Gold (BGO-T) has agreed to merge with fellow Vancouverite EAGC Ventures (YEV-V), formerly East Asia Gold.Under the deal, Bema is offering …
Namco sets production record
Marine diamond miner Namibian Minerals (NMR-T) cranked out 117,050 carats during the July-to-September period, eclipsing the quarterly record of 116,560 carats set in early 1999.”The third quarter is …
Trading Summary (October 11, 2002)
The Toronto Stock Exchange put in another positive day, regaining another 165.81 points or 2.85% to 5,978.66. The G…
Andean trenches gold at Carelo
Vancouver — An ongoing exploration program by Andean American Mining (AAG-V) has uncovered significant gold values…
Miramar hits more gold at Hope Bay (October 11, 2002)
Vancouver — A $3.4 million summer work program by Miramar Mining (MAE-T) has uncovered a new zone of mineralizatio…
NAP battles as crusher sleeps
Mill throughput and palladium production dipped slightly at North American Palladium’s (PDL-T) Lac des les palladi…
Aquiline takes a dip in Red Lake
Aquiline Resources (AQI-V) has entered into an option agreement to acquire a 60% stake in Global Consolidated Miner…
Matamec finds more Sakami gold (October 11, 2002)
Junior Matamec (MAT-V) has discovered several more gold showings at its Sakami property in the James Bay region of…
De Beers squashes Spider 3
De Beers Canada Exploration says it will not pursue any further diamond exploration on the 70-by-120-km Spider 3 pr…