Gold shines on long-term dollar weakness
Investors in gold stocks have taken profits in one of the best years for investing in the precious metal in more than a decade.The high price of gold has been linked to the tensions with Iraq, but thi…
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Exchange Rates (June 09, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 3June 2May 30May 29May 28US$ in C$1.37581.36951.37081.3769…
Money well spent
While we were raking the current Ontario government over the coals last week, for spending money without the authority of the legislature, some of that same money was being dished out for a new projec…
Trading Summary (June 06, 2003)
The Toronto Stock Exchange ended the week with a 12.01-point gain to 7,046.88 on Friday. The mining sector wasn’t m…
Umicore to buy OM’s precious metals business
Cleveland-based cobalt giant OM Group (OMG-N) is selling its precious metals business to Belgium’s Umicore (formerl…
Geomaque raises $7.3 million
Geomaque Explorations (GEO-T) has raised $7.3 million via a brokered private placement of 130.7 million subscriptio…
Globex ropes in Honduran property
Playing against type, Abitibi explorer Globex Mining Enterprises (GMX-T) has staked a property covering a series of…
Trading Summary (June 05, 2003)
Canada’s junior exchange ended the day higher with advancing issues out pacing declining stocks by a 334-to-291 mar…
Gammon scores at Northeast Ocampo (June 05, 2003)
Shares in Gammon Lake Resources (GAM-T) shot up more than 12% in early trade in Toronto on June 5, after the compan…
Minefinders boosts Dolores (June 05, 2003)
Vancouver – Recent drilling along the 2.2-km long main Dolores zone has enhanced the economic prospects of the larg…
Glamis breaks ground at El Sauzal
Full-scale construction is underway at Glamis Gold’s (GLG-T) El Sauzal gold project in Chihuahua State, Mexico, now…
SilverCrest moves forward at El Ocote
Vancouver – Junior SilverCrest Mines (SVL-V), formerly known as Strathclair Ventures, has received encouraging resu…