Caldera finds little resistance
A ground electromagnetic survey by Caldera Resources (CDR-T) has outlined several conductive bodies at the Mt. Sarah property in South Australia.Roughly 6.8 km was surveyed along four lines to cover p…
News
People (December 23, 2002)
Argosy Minerals — John Nicholls appointed director.Cameco — Terry Rogers appointed senior vice-president and chief operating officer.Lydia Diamond — Jeremy Brett appointed director and president.St…
Peer review not the problem
Although I have not delved into the subtleties of the applied statistics vs. geostatistics debate, I wish to offer an emphatic response to the final paragraphs of Mr. J. Merks’s letter, which appeared…
Exchange Rates (December 23, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 17Dec. 16Dec. 13Dec. 12Dec. 11US$ in C$1.55091.56251.56021.5…
Trading Summary (December 20, 2002)
With gold dropping US$5.80 to US$340.30 per oz. in New York, Toronto’s Gold Index shed 2.87 points or about 1.5% to…
Coal battle flares up
Fording took a swipe at the Sherritt Coal Partnership II’s revised offer on Friday, calling it a "smoke and mi…
Cumberland awards Meadowbank feasibility
Vancouver — Cumberland Resources (CBD-T) has awarded AMEC the contract to perform the feasibility study for its wh…
Radius hits hot holes at Holly
Vancouver – With the price of gold moving to 5-year highs, junior Radius Exploration (RDU-V) could not have picked…
Rio Narcea joins Outokumpu in Spain (December 20, 2002)
Rio Narcea Gold Mines (RNG-T) has agreed to a phased earn-in at Finnish-based Outokumpu’s Lugo properties in northe…
Noranda puts El Morro on hold
Vancouver – Noranda (NRD-T) has tabled a 2003 budget of only US$830,000 for Metallica Resources’ (MR-T)El Morro cop…
Trading Summary (December 19, 2002)
Toronto stocks dropped for the third straight day ending 23.96 points lower at 6,536.97 points on Thursday. The TSX…
GoldCorp finds more gold at Red Lake
GoldCorp (G-T) has released the results of its 2002 exploration program at the Red Lake mine in northwestern Ontari…