Midway sparks Tonopah revival (March 17, 2003)
Vancouver — Drill results from the Midway prospect have intensified interest in exploring for gold in Nevada’s Nye Cty.Midway Gold (MDW-V), previously known as Red Emerald Resource, holds the propert…
News
Higher gold price adds pizzazz to PDAC convention
Consolidation, sustainability, and the allure of the mysterious East: the 71st annual convention of the Prospectors & Developers Association of Canada (PDAC) did not want for themes.It seems gold is n…
Editorial Cartoon (March 17, 2003)
GREATEST VALUE TRADED, MARCH 5-11
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N42212127.5024.6624.75-2.50…
The Northern Miner — North American Mining Index (March 17, 2003)
63.87 (-5.11)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (March 17, 2003)
54.36 (-4.41)(Sept. 30/98 = 100)…
Goldcorp buys into Planet
Goldcorp (G-T) has taken an 8.7% equity stake in Planet Exploration (PXI-V).Via a private placement, the gold producer purchased 1 million units of the junior at 50 apiece. A unit consists of one sha…
Spot Prices Wednesday March 12, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$349.00-5.50Silver$4.67+0.01Platinum$700.00+1.00P…
Debt-free Eldorado lands in black
Vancouver — With higher gold prices and production back to normal at the Sao Bento mine in Brazil, Eldorado Gold (ELD-T) posted a US$2.1-million profit for 2002.After raising US$48 million last year,…
Wolfden cuts high grade at East Bay
Vancouver — The first four holes of an ongoing, 10,000-metre drill program on the East Bay property in northwestern Ontario have returned encouraging values.Partners Wolfden Resources (YWO-V) and Pla…
Southwestern bullish on Chinese gold project
Vancouver — Southwestern Resources (SWG-T) has tabled encouraging assay results from the first drill hole at its Boka gold project in the Yunnan province of China.Drill hole B02-01 was drilled in the…
Yukon placer miners fight back (March 17, 2003)
Vancouver — A decision by the Federal Department of Fisheries and Oceans (DFO) to phase out placer mining in the Yukon has prompted a general strike in Dawson City.Local businesses shut down from 10 …