Trading Summary (September 16, 2002)
After falling early, the Toronto Stock Exchange’s gold stocks climbed through the day to put in a 3.41-point or 1.7…
News
Ashton eyes Stellaria
Vancouver — A 5.83-tonne sample collected from the Potentilla kimberlite has confirmed the presence of commercial-…
Echo Bay restates to a loss (September 16, 2002)
Edmonton-based gold and silver miner Echo Bay Mines (ECO-T) has restated its second-quarter, per-share results to r…
Inco inks Thompson pact (September 16, 2002)
Members of the United Steelworkers’ Local 6166 at Inco’s (N-T) Thompson, Manitoba operations approved a new three-y…
Odyssey grabs Turkish prospect (September 16, 2002)
Odyssey Resources (YOD-V) has a drill on its way to the Trab 23 copper-gold-molybdenum prospect 75 km south-southea…
Recovery of large gem stones key to advancing Gahcho Kue
The latest bulk sample results from the Gahcho Kue joint-venture project in the Northwest Territories again confirm the presence of big-carat diamonds in the 5034 pipe.De Beers recovered 1,215 carats …
CVG anoints Crystallex at Las Cristinas
Vancouver – For over a decade, the long and winding road toward developing the Las Cristinas gold property in southeastern Venezuela has proved treacherous for foreign mining firms trying to advance t…
News – 16-SEP-02
Leading indicators bleak for base metals
Assuming that the ISM is a leading indicator of IP and base metal prices, the prospects for an improving economic environment (hence rising metal demand) and stronger metal prices from current levels …
NAME CHANGES (September 16, 2002)
Cosworth Minerals (CWM-V) has changed its name to Palcan Fuel Cells (PC-V) on a 1-new-for-1-old-share basis.Consolidated Topper Gold (TOP-V) has changed its name to Topper Resources…
Glencairn doubles cash
Junior Glencairn Explorations (GLJ-V) has added $2.4 million to its coffers by privately placing 4.8 million units at 50 apiece.A unit consists of one share and half a share purchase warrant, with a …
War Eagle grabs Pike gold project
Vancouver — War Eagle Mining (WEM-V) has inked a deal with Strategic Metals to earn a 70% interest in the Pike Mineral gold property in the Yukon.In exchange for the interest, War Eagle must issue 15…