Canadian Stock Exchange Indices (December 30, 2002)
DateDec. 23Dec. 20Dec. 19Dec. 18HighLowTSX Composite6628.256560.626536.976560.937992.70…
News
The Northern Miner — Small Producers Index (December 30, 2002)
83.40 (-0.57)(Sept. 30/98 = 100)…
Higher gold price adds Christmas cheer
The S&P-TSX composite slipped 60.9 points over the holiday-shortened Dec. 18-20 report period, partly because of a weakened gold group. The index finished at 6,560.62.Gold ascended US$6.25 in overseas…
Minefinders cuts high grades at Dolores
Vancouver — Minefinders (MFL-T) has cut high-grade gold and silver at its wholly owned Dolores property in northern Chihuahua state, Mexico.A 30,000-metre drilling program is enabling the company to …
Pundits predict good year for gold
Vancouver — The consensus among analysts during the latter half of 2002 was that lacklustre global economic growth would cap prices for base metals in 2003 but that geopolitical uncertainty and a wea…
Spike in gold price among highlights of 2002 Retrospection
The previous occupant of the editor’s chair here took to naming years for their characteristics. It was a useful way to encapsulate the mood of the year past, a metaphor for what fate dealt out each t…
An end to the plume theory?
Standard fare in geology textbooks and school classrooms across the world is that the hot springs, geysers and volcanoes of Yellowstone National Park, Hawaii, Iceland, and many other volcanic regions …
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…
Breakwater gets debt extension (December 30, 2002)
Zinc miner Breakwater Resources (BWR-T) has struck a deal with its banking syndicate and Dundee Bancorp to extend repayment of more than US$44 million on its existing credit facilities.In late Novembe…
QGX confirms oxide gold in Mongolia
Vancouver — A 7-hole drill program centred on the Central Valley zone of the Golden Hill prospect in Mongolia has returned encouraging values for owner QGX (QGX-V).The first two holes proved to be th…
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 …
Partners prove up River Valley
Vancouver — Intent on confirming the economic potential of the River Valley platinum-palladium property, partners Pacific North West Capital (PFN-T) and Anglo American Platinum (AAPTY-O) have doubled…