Top head rolls at Barrick
Looks like someone finally had to pay for Barrick Gold’s pitiful share performance over the past year and half: President and CEO Randall Oliphant was briskly frog-marched off the plank by Barrick’s b…
News
De Beers rides crest of diamond sector’s success
Last year proved to be exceptionally successful for De Beers and the diamond industry as a whole.Demand for rough diamonds was strong throughout 2002 as cutting centres responded to the increased dema…
Hatch teams with Newmont
Mississauga, Ont.-based mining engineering and consulting firm Hatch has signed a marketing and technology agreement with Newmont Mining that will see the two companies share pressure-oxidation extrac…
Lending Rates (February 17, 2003)
as of 4 pm ET, Feb.11, 2003(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.35LIBOR US$ 6-month1.35LIBOR US$ 1-year1.43Gold lease 3-m…
GREATEST VALUE TRADED, FEB. 5-11
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N58122329.9527.5228.50-1.29…
Trading Summary (February 14, 2003)
The market was Blixed into a rally early on Friday, when the avuncular alopecic in charge of United Nations arms in…
South-Malartic extends high-grade shoot at Croinor
Junior South-Malartic Exploration (MSU-V) has exteded a high-grade shoot at its Croinor gold project near Val d’Or,…
Golden Star closes $51m financing (February 14, 2003)
Golden Star Resources (GSC-T) has completed its over-subscribed, bought-deal offering, and raked in gross proceeds…
Goldminco picks up Aussie assets
Vancouver The takeover of AurionGold by Placer Dome (PDG-T) has paved the way for Goldminco (GCP-V) to pick up 2,…
Canico takes hold in Brazil
Vancouver — Canico Resource (CNI-V) has raised enough funds to acquire Inco’s (N-T) Onca-Puma nickel laterite proj…
Glamis completes sale of Cerro San Pedro project
Vancouver — Reno-based Glamis Gold (GLG-T) has completed the sale of its 50% interest in the Cerro San Pedro proje…
Placer to up stake in Donlin Creek project
Vancouver – Placer Dome (PDG-T), North America’s third largest gold producer, is exercising its right to increase i…