Miners passed by in broad advance
The five trading days March 19-25 saw a modest advance by the U.S. stock markets, but gold and base metal equities were left out. Both major indices rose about 1%; the Dow Jones Industrial Average add…
News
Broad market sinks on fears of Iraqi quagmire
With the war in Iraq failing to shape up as the cake-walk many were predicting, the S&P-TSX composite index retreated 68.5 points to end the March 17-25 report period at 6,385.Gold performed about as …
Trading Summary (March 28, 2003)
Toronto’s gold stocks put in an impressive rally, gaining 10.07 points or nearly 7% to end at 157.56 on Friday. The…
Minera Andes cuts new gold-silver zone at San Jose
Vancouver — Spokane-based Minera Andes (MAI-V) cut a new zone of high-grade gold and silver at its San Jose projec…
Inmet ups reserve at Troilus (March 28, 2003)
Additional drilling and re-assessment of the operating conditions at the Troilus gold mine in north-central Quebec…
PCS issues profit warning (March 28, 2003)
Potash Corp. of Saskatchewan (POT-T) warns that it will miss its previous first-quarter earnings estimate of US25…
McWatters eyes $25 m for Val d’Or acquisitions
McWatters Mining (MWA-T) has agreed to sell a total of 125 million shares for 20 apiece for gross proceeds of $25…
Trading Summary (March 27, 2003)
The Toronto Stock Exchange slipped another 3.56 points to end Thursday’s trading session at 6,353.44. The diversifi…
Ivanhoe tables new study at Monywa
Vancouver — Ivanhoe Mines (IVN-T) reports that a scoping study proposed by Perth-based Ausenco suggests that coppe…
Platinum Group Metals cuts UG-2 Reef
Vancouver Drilling at Platinum Group Metals’ (PTM-V) Elandsfontein property, in South Africa, has intercepted the…
Majescor revs its drills
Majescor Resources (MAJ-T) is gearing up for an aggressive 50-60-hole reverse-circulation drilling (RC) campaign fo…
Gossan drills Bird River (March 27, 2003)
Gossan Resources (GSS-V) has embarked on a 1,250-metre diamond drilling program over the Chrome Extension and Peter…