Newmont to grab remaining Normandy shares
Having acquired more than 90% of Normandy’s outstanding shares, Newmont Mining (NEM-N) plans to exercise its rights under Australian law and acquire all the shares of Normandy it does not already own….
News
Coeur d’Alene buys Martha
A deal with Yamana Resources (YRI-T) will see Coeur d’Alene Mines (CDE-N) acquire the high-grade Martha underground silver mine on the Bacon property in the southern Patagonia region of Argentina.In r…
LME Warehouse Levels (March 11, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 5 (change from Feb. 26 in brackets):MetalStock (tonnes)ChangeAluminium934350(+1…
Canadian Stock Exchange Indices (March 11, 2002)
DateMarch 5March 4March 1Feb. 28Feb. 27HighLowTSE 3007586.127861.837710.807637.507646.89…
Turmoil rocks Durban Deeps
Over the report period ended March 5, another blow was struck against the image of South Africa as a serious gold-mining country: the country’s government took the unusual step of barring Durban Roode…
MOST ACTIVE ISSUES, FEB. 27 – MAR. 5
ExchgVol(000s)HighLowCloseChangeTVX GoldT417711.160.890.95-0.20…
Liberty targets McWatters
Junior Liberty Mineral Exploration (LBE-V) is attempting to raise $750,000 through a private-placement offer of 5 million units.Each unit consists of a share and a warrant; the latter entitles the hol…
TGW active at Dona Amanda
Drilling has started at the Dona Amanda copper project in the Dominican Republic.Under operator TGW (GWC-V), the program will test a series of induced-polarization (IP) anomalies, extending on a 4-km …
Miramar Mining merges with Hope Bay Gold
In a move long-anticipated by the market, Miramar Mining (MAE-T) and joint-venture partner Hope Bay Gold (HGC-T) have agreed, in principle, to merge and thereby consolidate their ownership of the pros…
Canico proves up Onca-Puma in Brazil
Vancouver — Going from successful gold explorers to a nickel producer may seem like a daunting task, but the management team behind Canico Resources (CNI-V) plans on doing just that by advancing one …
Mano River returns to Sierra Leone
With Sierra Leone’s 10-year civil war formally declared over, and a United Nations force preserving the peace, Mano River Resources (MNO-V) is relaunching its prospecting program on three diamond expl…
Hunt find raises hopes for gold camp in Manitoba
Vancouver — There’s gold in them thar Churchill-Superior Boundary zone rocks. The discovery, by International Curator Resources’ (IC-T), of the Hunt deposit, 120 km northeast of Thompson, Man., prove…