Trading Summary (June 04, 2003)
The Toronto Stock Exchange gained 70.08 points to breach the 7,000 mark for the first time in almost a year, hittin…
News
Cumberland boosts Portage
Vancouver — The results from last year drilling at the Connector zone and North Portage deposit have enhanced the…
Partners test McCreedy’s PM zone (June 04, 2003)
Continued underground drilling by partners FNX Mining (FNX-T) and Dynatec (DY-T) on the PM zone on the McCreedy Wes…
Falconbridge slashes Kidd workforce by 10%
With a planned 9-week shutdown of the Kidd metallurgical site already extended by a month, Falconbridge (FL-T) plan…
Trading Summary (June 03, 2003)
Toronto’s subindices were lower nearly across the board on Tuesday as the S&P/TSX Composite Index dropped 14.07 poi…
AngloGold hits bonanza grades at Rivard
Vancouver A 33 hole drill program by partners AngloGold (AU-N) and Rubicon Minerals (RMX-V) has returned promisin…
Trading Summary (June 02, 2003)
Toronto’s gold index was alone in red on Monday, losing 0.88 of a point to 164.16. The fall came despite a US$1.80-…
Orezone drills Bondi, Essakan fails to grow
Orezone Resources (ORZ-T) has wrapped up a 41-hole, reverse-circulation drilling campaign on its Bondi gold propert…
Shear and Empire waive first right of refusal
Vancouver — BHP Billiton Diamonds, a subsidiary of BHP Billiton (BHP-N) will move ahead with the purchase of a 14%…
Queenstake moves forward at Jerritt Canyon
Vancouver — Queenstake Resources (QRL-T) has signed a purchase agreement with subsidiaries of AngloGold (AU-N) and…
People (June 02, 2003)
Melkior — Florent Bell and Francois Desrosiers appointed to board of directors.Pacific Minerals — Rui Feng resigned as director.Pasminco — Mark Rayner, Geoff Allen and Andrew Guy resig…
Samira Hill funding in place (June 02, 2003)
A group of lenders led by the African Development Bank (ADB) and including Semafo (SMF-T) has approved a US$27-million loan to La Socit des Mines du Liptako (SML) to develop the Samira Hill gold pro…