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
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$48 million last year,…
Higher gold price adds pizzazz to PDAC convention
Consolidation, sustainability, and the allure of the mysterious East: the 71st annual convention of the Prospectors & Developers Association of Canada (PDAC) did not want for themes.It seems gold is n…
Wolfden cuts high grade at East Bay
Vancouver — The first four holes of an ongoing, 10,000-metre drill program on the East Bay property in northwestern Ontario have returned encouraging values.Partners Wolfden Resources (YWO-V) and Pla…
Southwestern bullish on Chinese gold project
Vancouver — Southwestern Resources (SWG-T) has tabled encouraging assay results from the first drill hole at its Boka gold project in the Yunnan province of China.Drill hole B02-01 was drilled in the…
Editorial Cartoon (March 17, 2003)
Towards sustainable mining
“The return on investment from aggressively improving company-wide sustainable development knowledge and initiatives can make other traditional investment initiatives seem trivial.”– Bob Willard, The…
Diamond industry visits Ottawa
On March 18, members of the Canadian diamond industry will organize “Diamond Day on the Hill,” a campaign designed to underscore to the economic and social importance of diamond mining in this country…
Goldcorp buys into Planet
Goldcorp (G-T) has taken an 8.7% equity stake in Planet Exploration (PXI-V).Via a private placement, the gold producer purchased 1 million units of the junior at 50 apiece. A unit consists of one sha…
Barrick’s Davidson honoured for long, long career
In the late 1970s, Alex Davidson, then a student at McGill University, was attending the annual PDAC convention in Toronto when he stuck his head inside the Canadian room at the Royal York Hotel to ca…
Spot Prices Wednesday March 12, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$349.00-5.50Silver$4.67+0.01Platinum$700.00+1.00P…
GREATEST VALUE TRADED, MARCH 5-11
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N42212127.5024.6624.75-2.50…