Golden Star granted licence
Denver — Ghana’s Ministry of Lands, Forests and Mines has granted a mining lease to Golden Star Resources (GSC-T) for the Prestea property.The Denver-based junior has the right to mine surface minera…
News
Alcoa earnings soar
Denver — Despite lower prices for alumina and aluminum ingots, a weak automotive sector and production cuts, Alcoa (AA-N) posted a record US$429 million (49 per share) in second-quarter profits, bef…
Semafo reduces resource
A re-evaluation of the resource at the Segala gold deposit in western Mali, by owner Semafo (SMF-T), has produced an estimate that is smaller but higher-grade than previous figures.The new estimate sh…
Cancor picks up Joutel
Montreal-based Cancor Mines (KCR-M) has taken up an option from Quebec Crown corporation Soquem, allowing it to earn a half-interest in the Kistabiche base metal property near Joutel, Que.The 17-sq.-k…
Canadian Stock Exchange Indices (July 23, 2001)
DateJuly 17July 16July 13July 12July 11HighLowTSE 3007694.137643.687765.637670.827570.7…
Halmahera put on the shelf
Vancouver — Political uncertainty in Indonesia has come home to roost for prospective nickel laterite miner, Weda…
Veladero reserves upped
A second year of drilling at the Veladero property in Argentina has nearly doubled gold reserves and upped silver r…
Newmont warns on lower production
Denver-based Newmont Mining (NEM-N), one of the world’s largest gold miners, has indicated that lower production an…
Haoya out, Yunnan in for Southwestern
Vancouver — Low gold prices have prompted Southwestern Resources (SWG-T) to stop exploring the Haoya project in Mo…
Vannessa releases details of Las Cristinas deal (July 20, 2001)
Junior Vannessa Ventures (VVV-V) purchased a 95% interest in the Las Cristinas gold project in Venezuela for a “nom…
Round one misses at Mann
Vancouver — A six-hole drill program by juniors Broadlands Resources (BDL-V) and Tres-Or Resources (TRS-V) has fai…
Antam smelter furnace damaged
Following an accident on Tuesday night, mining company Aneka Tambang (Antam) has temporarily closed the first ferro…