New estimate boosts resource at Cerro Casale
A new resource calculation has added 2.6 million oz. gold and 1.2 billion lb. copper to the Cerro Casale porphyry copper-gold project, situated in north-Central Chile.The property is held by Arizona S…
News
LETTERS TO THE EDITOR — Reporting of reserves deemed irresponsible
Although the details of the Busang affair will be emerging for a long time to come, recent weeks have seen a flurry of belated checking by writers and analysts, much of which should have been done las…
ASIAN EXPLORATION — Cameco Gold forms alliance with Menzies Gold
Cameco Gold, a wholly owned subsidiary of Cameco (CCO-T), is zeroing in on gold exploration opportunities in Southeast Asia by forging an alliance with Menzies Gold (MZG-AUS) of Australia.The two comp…
AMF, Gecamines continue partnership
The presence of Laurent Kabila’s forces has brought stability to this mineral-rich portion of Central Africa. It also has brought hope that better days are ahead for an economically devastated nation …
STOCK MARKETS — Little stirs on TSE as golds retreat to lower levels — Broad market fractionally higher, base metals slide marginally
The Toronto Stock Exchange traded in a narrow range throughout the report period ended May 20, finishing only a fraction higher than in the previous week. The TSE 300 composite index, now firmly back …
PEOPLE — RAINDROP RES.
A. Howe appointed director.
PEOPLE — PROCOLORO RES.
Raymond Savoie appointed director and Pierre-Jean Lafleur appointed vice-president of exploration.
LETTER TO THE EDITOR — Geological creativity
I had hoped that the Bre-X Minerals debacle would prove once and for all that the world’s largest gold deposit, wherever it may be, could only have been created by natural geological processes.Move ov…
DIAMOND PAGE — Ashton pulls diamonds from property in Alberta
Ashton Mining of Canada (ACA-T) has released results of diamond analyses from four additional kimberlite pipe-like bodies drilled earlier this year in the Buffalo Hills area of north-Central Alberta.T…
DIAMOND PAGE — Ashton to drill Mountain Ash
A drill program by Australian-based Ashton Mining will test the Mountain Ash diamond project in South Africa.The project is a joint venture held 51% by Ashton and 49% by Mountain Lake Resources (MOA-V…
MOST ACTIVE ISSUES, May 14-20
Exchg.Vol(000s)ClosePure Gld ResT167460.35Ashtn Mng CdaT…
St Andrew finds more gold at Stock
Drilling at the former Stock gold mine in the Matheson area of northwestern Ontario continues to provide encouraging results for St Andrew Goldfields (SAS-T).Stepout hole 7 intersected a narrow, high-…