Exchange Rates (May 27, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 21May 20May 17May 16May 15US$ in C$1.5382Holiday1.54241.5546…
News
Ashton finds kimberlite at Kikerk Lake (May 27, 2002)
Ashton Mining of Canada (ACA-T) has intersected a new kimberlite body on the Kikerk Lake property in the north Slave Craton region of Nunavut while drill-testing a geophysical feature just 700 metres …
TSE Short Positions (May 27, 2002)
Short positions outstanding at May 15, 2002Larger individual positions includeAber Diamond 362,698 up 163,201; Agnico-Eagle 5,097,435 up 79,022; Alcan 1,219,027 up 307,302; Aurad…
Junior exchange charges ahead
Vancouver — The S&P/TSX Venture Index jumped 43.19 points, or 3.7%, to close the week ended May 21 at 1202.41 points.New Bullet Group was the week’s volume leader, with 2.7 million shares crossing th…
Ivanhoe hits more gold at Turquoise Hill
Vancouver — Ivanhoe Mines (IVN-T) has tabled encouraging drill results from the Central zone at its wholly owned Turquoise Hill (Oyu Tolgoi) gold-copper project in southern Mongolia.Seven holes drill…
Geomaque bleeds red in 2001
Struggling junior gold miner Geomaque Explorations (GEO-T) has released its year-end financial results, and they aren’t pretty.The net loss for the year ended Dec. 31, 2001, was US$10.5 million (US17…
Trading Summary (May 24, 2002)
The markets had a generally poor day Friday, partly driven by pre-holiday selling on U.S. exchanges. The Toronto St…
Doris North yields higher grades
Vancouver — Having drilled 140 holes into the Doris North zone over the past three months, equal partners Miramar…
New gold in old core at Island
Re-logging and re-assaying core from the Island gold deposit northeast of Wawa, Ont., has turned up indications of…
Seabridge nabs Tundra
Vancouver — Continuing with a corporate philosophy of acquiring advanced gold projects, Seabridge Resources (SEA-V…
Silver Standard, Intrepid take on Argentine properties
Financial troubles in Argentina have not deterred two juniors with Latin American interests from taking on precious…
Trading Summary (May 23, 2002)
Canadian markets were generally in positive territory on Thursday, with the Toronto Stock Exchange Composite Index…