Ivanhoe ups ante in Pacific Minerals
Vancouver — Looking to get a foothold in China, Ivanhoe Mines (IVN-T) intends to acquire a 42.2% interest in junior explorer Pacific Minerals (PMZ-V).In June, Ivanhoe arranged a US$3-million private …
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Golds lead way
With prices surging US$8 into the mid-US$320-per-oz. range, producers of the yellow metal proved to be the only bright spot in the U.S. markets during the report period ended Sept. 24.The U.S.-listed …
Benchmark lowered again, golds end mixed
Sellers outpaced buyers over the Sept. 18-24 report period, pushing the S&P/TSX Composite Index down 235.91 points. The benchmark finished the week at 6,068.89.The golds swam against the broader marke…
Trading Summary (September 27, 2002)
A 1.6% gain by the Real Estate sector wasn’t enough to keep the Toronto Stock Exchange out of the red on Friday. Le…
Royal Gold boosts its royalty stable
Denver-based royalty company Royal Gold (RGL-T) has agreed to take a 93% interest in High Desert Mineral Resources…
Drills turn at Afridi Lake
Titan Drilling has begun drill testing up to ten kimberlite targets on the Afridi Lake property in the Northwest Te…
Kimber kicks off drill program
Vancouver — Kimber Resources (KBR-V) has launched a 3,000-metre reverse circulation drill program over the Monterd…
Gossan targets Bird River Sill
Junior Gossan Resources (GSS-V) is drilling for platinum group metals in the Bird River intrusion in southeastern M…
Trading Summary (September 26, 2002)
The Toronto Stock Exchange’s gold stocks saw a wild reversal of fortunes on Thursday after the yellow metal suffere…
First Quantum expands Bwana Mkubwa (September 26, 2002)
First Quantum Minerals (FM-T) has completed a threefold expansion at its Bwana Mkubwa solvent extraction-electrowin…
Drilling resumes at Kena (September 26, 2002)
Vancouver — With new partner Kinross Gold (K-T) footing the bill, Frank Lang-led Sultan Minerals (SUL-V) has launc…
Trading Summary (September 25, 2002)
The Toronto Stock Exchange’s Gold index was one of just two subindices to end in the red on Wednesday, dropping 8.8…