China using more nickel
Nickel has shown remarkable resilience during the previous three years of world economic slowdown and recession, buoyed mostly by increased stainless steel production in China, according to the Econom…
News
Placer extends bid
With about 21% of AurionGold’s shares tendered to its cash-sweetened bid late on Aug. 6, unrequited suitor Placer Dome (PDG-T) surprised no one and extended its offer for the Aussie gold miner by nine…
Iamgold retires Sadiola debt, sees earnings slip
Junior producer Iamgold (IMG-T) is eyeing “significantly” higher cash flow now that all remaining debt relating to the Sadiola mine in western Mali has been retired.In mid-May, a US$31.5-million payme…
Trading Summary (August 09, 2002)
Toronto stocks finished higher on Friday with advancers leading decliners 564 to 408. A rally in the gold sector co…
Aurizon posts loss on improved production
Despite higher gold production and realized prices for the yellow metal, Aurizon Mines (ARZ-T) posted a net loss of…
Diagem recovers 888 diamonds from property 108
The latest 120-cubic-metre bulk sample derived from test pit no. 7 on Diagem International’s (DGM-V) property 108 h…
Waning Bulawan widens loss
With the decommissioning of the Bulawan gold mine on the island of Negros in the Philippines, in early May, Philex…
Tournigan eyes Meridian’s Mercedes
Vancouver’s Tournigan Ventures (TVC-V) has inked a letter agreement paving the way for the company to acquire up to…
Kemess reduces hedge position and posts loss
Vancouver — After closing out a large portion of its hedge positionNorthgate Exploration (NGX-T) took a one-time U…
Verena eyes Russian gold (August 08, 2002)
Venturing out from the cozy confines of Brazil, Toronto-based Verena Minerals (YVM-V) has inked an option deal to a…
Pacific Minerals earns 55% of 217
Vancouver — To date Pacific Minerals (PMZ-V) has earned a 55% interest in the 217 Gold project in northern China.
SouthernEra adds land near Messina
SouthernEra Resources’ (SUF-T) share price jumped about 10% after they resumed trading after lunch on Thursday….