Editorial: Quieter evolution
The defeat of the Parti Qubecois in the recent Quebec election sneaked up on news junkies, who were busy watching the invasion of Iraq. But there it was: the more-or-less federalist provincial Libera…
News
Drilling extends River Valley mineralization (April 28, 2003)
Results from a stepout hole at the River Valley property, near Sudbury, Ont., indicate potential for expanding the Dana North deposit.Partners Pacific North West Capital (PFN-T) and Anglo American Pla…
Golden Star takes over Mampon, Dunkwa
Three property deals have expanded the land package held by Golden Star Resources (GSC-T) around its Bogoso and Prestea gold mines on the Ashanti trend in Ghana.In the first of the three deals, Golden…
Rubicon hits high-grade at McFinley
Vancouver — Rubicon Minerals (RMX-V) has cut several intervals of high-grade gold at the McFinley project in Ontario’s Red Lake camp.So far, 26 holes (or 8,465 metres) have targeted unexplored parts …
Lowlands yields more sulphides (April 28, 2003)
Vancouver — The first two holes drilled by Spider Resources (SPQ-V) and partner KWG Resources have confirmed the presence of base metal sulphides on the newly dubbed McFauld’s Lake property in the we…
Goldminco cuts gold at Balabag (April 28, 2003)
Vancouver — Scout drilling at the Balabag Ridge project in the Philippines has returned encouraging gold-silver values for Goldminco (GCP-V).The 594-metre program tested for mineralization below a se…
Daily Metal Prices (April 28, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 22April 21April 18April 17April 16Al Alloy137…
Benchmark, gold stage rally
The Toronto Stock Exchange composite index began the holiday-shortened April 16-22 report period in retreat mode but quickly found its footing to finish the week 97.74 points ahead. Fueling the rally …
Junior exchange bullish as Iraq fears subside
Vancouver — With the war in Iraq basically over, investors began to take money off of the sidelines. Over the week ended April 22, the S&P-TSX Venture Exchange composite index tacked on 9.41 points, …
SKN Resources seeks gold in northeastern Tibet
Vancouver — SKN Resources (SRL-V) has entered into an agreement with the Chinese government to acquire interests in nine exploration permits in northeastern Tibet (Xizang), site of the Zage gold pros…
Higher gold boosts Grasberg
Vancouver — Freeport-McMoRan Copper & Gold (FCX-N), operator of the world’s largest copper-gold mine, earned an impressive US$49.2 million (or US33 per share) in the first quarter.The gain, which wa…
People (April 28, 2003)
America Mineral Fields — Former director Stephen Malouf resigned.Amerigo — Steven Dean and Klaus Zeitler appointed to board of directors; Jeffrey Giesbrecht appointed secretary; Irene Wilson resigne…