Pan Am buys royalty
Pan American Silver (PAA-T) has bought back a 3% net smelter return royalty on its Huaron silver mine in Peru from a group of Peruvian companies for US$2.5 million. The buy-back will increase Huaron’s…
News
Coeur d’Alene active in South America
Vancouver — The world’s largest primary silver producer, Coeur d’Alene Mines (CDE-N) lost US$17.9 million (or US10 per share) in the recent third quarter, compared with a loss of US$12.3 million (US…
DFI eyes $8.1m as production resumes
Having recently resumed mining on the Marshall Fork marine diamond deposit in Luderitz Bay, Namibia, Diamond Fields International (DFI-T) is arranging a non-brokered private placement worth $8.1 milli…
J-Pacific renews exploration
Subject to regulatory approval, J-Pacific Gold (JPN-V) will privately raise $300,000 to renew exploration in British Columbia.The placement consists of 750,000 units, of which 550,000 will qualify for…
Bush flying in Manitoba
I first became acquainted with bush flying in the summer of 1952 when, as a third-year geology student, I was hired by Inco as a “geological assistant” for work in northern Manitoba.Actually, geology …
Codelco, Enami strike Ventanas deal (November 03, 2003)
After more than two years of cantankerous negotiations, Corporacion Nacional del Cobre de Chile (CODELCO), has inked a deal to acquire the Ventanas copper smelter and refinery from the Chilean copper …
Nevada Pacific drills Limousine Butte
Junior Nevada Pacific Gold (NPG-V) has renewed drilling at its Limousine Butte project in east-central Nevada.The 1,600-metre program will consist of eight holes in the Resurrection Ridge area, where …
Canadian Stock Exchange Indices (November 03, 2003)
DateOct. 27Oct. 24Oct. 23Oct. 22Oct. 21HighLowTSX Composite7664.197614.407560.207711.24…
El Peon lifts Meridian
Earnings season kicked off with Meridian Gold reporting a third-quarter net profit of US$7.9 million (or US8 per share), powered by a continued stellar performance by the El Peon high-grade undergro…
Band-Ore cuts more gold at Thorne (November 03, 2003)
Ongoing drilling at the Thorne gold property in Timmins, Ont., has returned encouraging results to Band-Ore Resources (BAN-T).The junior explorer has sunk seven more holes in the No. 7 zone, discovery…
Trading Summary (October 31, 2003)
Toronto’s diversified miners continued 4.1 points, 2.2%, higher to end Friday’s trading session at a new 52-week hi…
BC copper plays heat up
Vancouver Reminiscent of the 1970’s, copper-gold porphyry exploration has once again taken centre stage in the hu…