Trading Summary (July 15, 2003)
Gold tumbled US$5.60 to end at US$341.80 in New York on Tuesday. Predictably, the Toronto Stock Exchange’s gold ind…
News
Cumberland eyes $25m for Meadowbank
Cumberland Resources (CBD-T) plans to raise up to $25 million by selling 7 million units and 1 million flow-through…
Australian Magnesium, Ford kill Stanwell deal
Australian Magnesium Corp. and U.S. car giant Ford Motor Co. have agreed to scrap a A$2 billion magnesium supply de…
Aquiline confirms Calcatreu grades (July 15, 2003)
Vancouver — A 14-hole drill program by Aquiline Resources (AQI-V) has enhanced the economic potential of the Calca…
Globex options Russian Kid
Globex Mining Enterprises (GMX-T) has optioned the Russian Kid gold deposit, 56 km from Rouyn-Noranda to Dasserat R…
Expatriate eyes Logan-Wolverine Combo
Vancouver Back in 2001, Expatriate Resources (EXR-V) halted a 2-year effort to develop Teck Cominco’s (TEK-T) Kud…
Newmont extends Yandal bond offer
Vancouver With 98.7% of the April 2008 notes issued to its Australian subsidiary in hand, Newmont Mining (NEM-N)…
Rubicon returns to Rivard
Junior Rubicon Minerals (RMX-V) has renewed drilling at the Rivard property in Ontario’s Red Lake camp.The 7,50…
Shareholders okay Northern Empire, Stornoway merger
Shareholders of Northern Empire Minerals (NEM-V) and Stornoway Ventures (SWV-V) have overwhelmingly approved the pa…
Trading Summary (July 14, 2003)
The Toronto Stock Exchange gained 38.42 points to end Monday’s trading session at 7,115.98. The golds led the marke…
Ashanti exec knighted
Sam Jonah, chief executive officer of Ghana-based Ashanti Goldfields, has been awarded an honourary knighthood at St. James’s Palace in London.The knighthood, which is honourary because the recipient …
Odyssey applies geological know-how in Turkey
Fatsa, Turkey — Having determined the mineral potential of its properties near this coastal town on the Black Sea, Odyssey Resources (ODX-V) is attempting to raise funding to renew drilling.The compa…