SouthernEra eyes $70 million
SouthernEra Resources (SUF-T) has agreed to sell 9 million shares priced at $7.75 apiece to a syndicate led by Grif…
News
Goldcorp takes Bonanza stake
Vancouver High-grade gold and Goldcorp (G-T) often appear in the same sentence, so it is not surprising that the…
Russia subsid powers High River
High River Gold Mines’ (HRG-T) attributable gold production grew by more than 43,000 oz. in 2002 thanks to an incre…
Diamond Fields cranks up production
Marine diamond miner Diamond Fields International (DFI-T) has added a second mining vessel to its Luderitz Blue Bay…
Maggie Hays gets green light (February 03, 2003)
Vancouver — LionOre Mining International (LIM-T) is proceeding with a US$13-million development program at the Maggie Hays nickel project in the Lake Johnston region of Western Australia.The deposit,…
Wheaton eyes $150m private placement
Wheaton River Minerals (WRM-T) will privately place US$150 million worth of shares and warrants to help cover the cost of buying the Peak gold mine in Australia and a quarter-interest in the Bajo de l…
War cries frighten bulls, golds charge ahead
The ongoing threat of war in Iraq clipped 170.31 points off the S&P/TSX composite index over the Jan. 22-28 report period. The index, which lost 70.58 points in the previous period, ended the recent o…
Producer and Dealer Prices (February 03, 2003)
Antimony: Mid-mkt US$2,280/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.60/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.35-8.10/lb.Copper: Comex Mar US$0.757/lb.Indium: Indiu…
Northern Miner Indices (February 03, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…
Amerigo still faithful at Coppercorp (February 03, 2003)
A follow-up geochemical survey at the Coppercorp copper-gold-silver property, north of Sault Ste. Marie, Ont., has returned mixed results for Amerigo Resources (ARG-V).In September, Amerigo acquired t…
Partners confirm Renard 2 potential
The latest, 2.5-tonne sample from the Renard 2 pipe on the Foxtrot property in the Otish Mountains region of Quebec has yielded 1.62 carats of diamonds greater than 0.85 mm in diameter.According to eq…
Gov’t helps Inuit drilling firm
The federal government has given $100,000 to Inuit-owned Nuvumiut Drilling so it can buy prospecting and drilling equipment. The move is designed to allow the Inuit of Salluit and Kangiqsujuaq in far-…