Apollo raises $14.4 million
One more sign that things are picking up in the gold business: Apollo Gold (APG-T) has completed a private placemen…
News
Axmin closes financing (December 31, 2002)
Junior gold explorer Axmin (AXM-V) has closed a non-brokered private placement of 4.2 million units priced at 30 a…
Silver Standard finds new zone at Bowdens
A new lens of lead-zinc-silver mineralization has turned up in drilling at the Bowdens property in New South Wales,…
Trading Summary (December 30, 2002)
Toronto’s gold stocks shed 5.18 points or 2.54% of value as the yellow metal retreated US$5.30 to US$343.60 per oz.
Provenor grabs stake in Fenelon extension
Montreal-based Provenor Inc. (PVN-V) has inked a deal to take a 51% interest in three claim blocks, covering about…
Kirkland Lake raises Macassa cash
Kirkland Lake Gold (KGI-V) (formerly Foxpoint Resources) has raised more than $4.7 million via a private placement…
BHP unloads CVRD stake (December 30, 2002)
Vancouver – Seeing little strategic value in holding on to its stake in iron ore producer Companhia Vale do Rio Doc…
The Northern Miner — North American Mining Index (December 30, 2002)
74.08 (-0.15)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 30, 2002)
83.40 (-0.57)(Sept. 30/98 = 100)…
Commentary: Bullion market on the couch: a psychological assessment
Description: The patient, named Mr. Goldfinger for the purpose of this presentation, is a 5,000-plus-year-old commodity residing within the precious metals sector and in use all over the world. At Dec…
Goldcorp dumps Platinova, Caisse de depot trims Teck holdings
Recent insider trading transactions reported by the Ontario Securities Commission include the following:q Almaden Resources (AMM-T) — James Poliquin, director, bought 370,000 shares privately at 55 …
People (December 30, 2002)
Gemcom Software — Appointed Rick Moignard as president and CEO.Richmont Mines — Louis Dionne appointed president and CEO.Lakefield Minerals — William Urseth appointed president.