News
Scandinavian Gold busy at Tepsa in Finland
At the Tepsa project in northern Finland,
Gold near 16-year high, keeps market active
The S&P-TSX Venture Composite Index, along with its junior miner-explorer component, had a relatively even week, closing out the Oct. 20-26 trading period at 1,652.62, up just over two points from the previous week’s close. The session saw average…
St. Jude to fast-track Benso
Vancouver With over 1.3 million oz. gold tabled on St. Jude Resources’ (SJD-V) combined Benso and Hwini Butre pro…
MacMillan Gold sews up Cerro de Oro surface rights
It’s a sort of rent-to-own. Seeking security of tenure over surface rights at the Cerro de Oro gold and silver prop…
TSX rejigs tickers
The TSX Group (X-T) is taking steps to clarify the much-maligned multiple and subordinate classes of shares that no…
Russia’s Mechel Steel prices IPO, begins trading
Just hours before the opening bell, Russian steel maker and base-metal miner Mechel Steel (MTL-N) set the price of…
Denton-Rawhide pit eyed as garbage dump
Vancouver – The Denton-Rawhide joint venture hopes to generate millions in tipping fees through a new deal that cou…
Xstrata bids for WMC (October 28, 2004)
Swiss-based, diversified base metal miner Xstrata (XTA-L) has launched a hostile, all-cash offer for the world’s th…
Placer posts US$148-million Q3 profit
Vancouver – It gold mines on track for 2004 operational targets, Placer Dome (PDG-T) saw third quarter earnings of…
Alexis hitting high grade at Lac Herbin
Assays are back from a 7,900-metre drill program that will expand the gold resource at Alexis Minerals’ (AMC-V) Lac…
Newmont’s 3rd Quarter Results boosted by gold
Newmont Mining (NEM-N) has increased its third quarter net income by US$14.3 million compared with last year.Bo…