With a new president at the helm, Aurogin Resources (AUQ-V) has picked up an option on a potential open-pit gold project in the Moose River area of central Nova Scotia.The appointment of John Paterson…
as of 4 pm ET, Oct. 22, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.84LIBOR US$ 6-month1.84LIBOR US$ 1-year2.01Gold lease 3-month0.34Gold leas…
The news from Europe that Swedish-Swiss construction and engineering firm ABB Group had issued a profit warning, largely as a result of lawsuits against its U.S. unit, Combustion Engineering, is anoth…
Equal partners Queenstake Resources (QRL-T) and privately held Midwest Mining have shipped their first gold bar from the Magistral project in Mexico’s Sinaloa state.Weighing 254 oz., the bar was sold …
Katleho Photolo, a third-year student in the jewelry department at Technikon Pretoria, a technical college, was the overall winner in AngloGold’s Riches of Africa 2002, a jewelry design competition.An…
Vancouver — Placer Dome’s (PDG-T) diminished share price is puzzling in light of the company’s improved financial performance, says President Jay Taylor.”I just can’t believe how the market has price…
Greece’s supreme administrative court, the Conseil d’tat, has dealt TVX Gold (TVX-T) another blow by blocking the company’s Stratoni silver-lead-zinc operation, 65 km east of the Greek port of Thessa…
Majescor Resources (MAJ-V) was granted a 3-year option to explore the Fenelon property in the Casa Berardi sector of northwestern Quebec exclusively for diamonds.Property owners International Taurus R…
Vancouver — Drilling by Redcorp Ventures (RDV-T) has returned encouraging values from the Hawk gold property in north-central British Columbia.All 12 holes in the 1,500-metre program, which tested fo…
Lower nickel sales and shrinking revenue from precious metals production pushed Falconbridge (FL-T) to a third-quarter loss.The major found itself $21.3 million in the red (or 14 per share), compared…
Junior Exploration Minires du Nord (MDN-T) has begun a soil geochemical survey over two newly acquired permits in the Lake Victoria Goldfields district of Tanzania.Minires can earn 90% interests in …
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