Placer Dome outlines plans for 2003
Vancouver In addition to ramping up gold production, Placer Dome (PDG-T) plans to reinvest US$220 million on its…
News
Falconbridge grounds Kidd for eight weeks (February 25, 2003)
Citing a poor zinc market, Falconbridge (FL-T) reports that it will extend to eight weeks the planned two-week main…
Golden Phoenix plans attack at Borealis (February 25, 2003)
Golden Phoenix Minerals (GPXM-O) has tabled plans for a three-pronged exploration program at its Borealis gold proj…
Trading Summary (February 24, 2003)
The bears had a firm grip on the bulls’ nose rings in trading on Monday, with the TSX Composite index off 56.33 poi…
McWatters extends reach in northwestern Quebec
Two transactions, one with Quebec mining enterprise SOQUEM and another with Barrick Gold (ABX-T) will give McWatter…
Canico releases Onca drill results
Vancouver — Canico Resource (CNI-V) has tabled results from the first 77 holes in the company’s ongoing drill prog…
FNX, Dynatec table McCreedy West resource (February 24, 2003)
With production scheduled to begin in weeks, partners FNX Mining (FNX-T) and Dynatec (DY-T) have tabled resource es…
TSX roars despite gold’s withdrawal
Buyers outpaced sellers over the Feb. 12-18 report period to push the Toronto Stock Exchange composite index up an impressive 118.51 points, finishing at 6,592.55.Gold, which had soared of late, was y…
Goldminco gains assets
Vancouver — The takeover of AurionGold by Placer Dome (PDG-T) has paved the way for Goldminco (GCP-V) to pick up 2,516 sq. km of promising ground Down Under.The Perth-based junior acquired two Philip…
Stillwater sinking
During the report period ended Feb. 18, Stillwater Mining Chairman Francis McAllister gave the company’s dwindling ranks of true believers more reason for doubt, telling listeners, during a conference…
Western markets lacklustre
Canada’s junior exchange closed the week ended Feb. 18 in lacklustre fashion. The S&P-TSX Venture Exchange composite index lost 6.15 points, or 0.56% of its value, to close at 1,088.33.Investors conti…
Exchange Rates (February 24, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 18Feb. 17Feb. 14Feb. 13Feb. 12US$ in C$1.51481.52091.51881.5…