McWatters limps to another quarterly loss
Troubled Quebec miner McWatters Mining (MWA-T) limped to a net loss of $5.9 million for the three months ended Sept. 30.The loss translates into a penny per share, and compares with a year-earlier los…
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American Bonanza proves up Copperstone
Vancouver — Initial results from an ongoing 9,000-ft. program of underground drilling have confirmed the high-grade nature of the D zone on the Copperstone gold project in Arizona.American Bonanza Go…
Thistle bulks up resources at Steyn (November 24, 2003)
Re-evaluation of existing drill data at the President Steyn gold mine near Welkom, South Africa, has identified two large blocks of mineralization, inducing owner Thistle Mining (THT-T) to carry out f…
‘Mineropoly’ wins Junior Miner contest
Ten-year-old Trevor Smith of Toronto has won this year’s Junior Miner of Ontario award for creating a board game that stresses the use of mined materials in everyday items.Smith took home the $150 top…
Trading Summary (November 21, 2003)
The Toronto Stock Exchange ended the week on a sour note dropping 26.19 points to 7,783.59. Pharmaceutical company…
Goldcorp eyes Rubicon ground
Vancouver Boosting the size of its Red Lake property portfolio, Goldcorp (G-T) has inked a deal to take a majorit…
Watered-down grades hurt Semafo’s quarter (November 21, 2003)
Montreal-based Semafo (SMF-T) closed out the third quarter of 2003 with a $3-million loss (4 per share), largely a…
European Minerals ups Varvarinskoye reserves
A review by Arizona-based Mintec has boosted proven and probable reserves at European Minerals’ (EPMu-T) Varvarinsk…
Gold Summit drills Tip Top
Drilling by Gold Summit (GSM-V) has cut some narrow intervals of high-grade gold down-dip and along strike from a s…
St. Jude cashes up
St. Jude Resources (SJD-V) has closed an $18 million private placement financing led by Haywood Securities and Salm…
Trading Summary (November 20, 2003)
After opening lower, the Toronto Stock Exchange recovered to end Thursday’s trading session 8.69 points higher at 7…
Kalahari cuts gold at Lamaque (November 20, 2003)
Exploration drilling by Kalahari Resources (KLA-V) at the Lamaque property in northwestern Quebec has intersected s…