CZZ extends Expo-Ungava
Vancouver — Canadian Royalties (CZZ-V) has confirmed the downdip extension of high-grade mineralization at the Mesamax zone on the Expo-Ungava property in northern Quebec.Holes 40 through 54 were dri…
News
Lending Rates (January 20, 2003)
as of 4 pm ET, Jan. 14, 2003(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.38LIBOR US$ 6-month1.39LIBOR US$ 1-year1.52Gold lease 3-…
Gold was strongest major currency in 2002
The performance of the price of gold in 2002 largely reflects the fact that the professional investor has returned to the use of gold as a risk management tool. In the 1980s and for much of the 1990s,…
Deflation: Making sure ‘it’ doesn’t happen here
(The author is a governor of the U.S. Federal Reserve Board.)Since the Second World War, inflation — the apparently inexorable rise in the prices of goods and services — has been the bane of central…
Editorial Cartoon (January 20, 2003)
Trading Summary (January 17, 2003)
The Toronto Stock Exchange saw slight but widespread declines on Friday, with every market sector except the energy…
Great Basin drills Burnstone (January 17, 2003)
Vancouver With Hecla Mining (HL-N) looking to put the Ivanhoe property into production by 2004, junior Great Basi…
Drill turns at Black Fox
Vancouver Armed with a newly completed $14.4 million financing, Apollo Gold (APG-T) has launched an exploratory d…
Plexmar raises Otish funds (January 17, 2003)
Plexmar Resources (PLE-T) has raised $457,000 for its Papaskwasti and Discovery diamond properties in the Otish Mou…
Intrepid confirms high grades at Casposo (January 17, 2003)
Surface sampling at the Casposo gold-silver project in San Juan province, Argentina, has returned “bonanza” style g…
South Atlantic hot on IOCG targets in northern Sweden
Vancouver — South Atlantic Ventures (SAA-V) has commenced an exploration program in search of Olympic Dam style ir…
Trading Summary (January 16, 2003)
Gold stocks got a shot in the arm on Thursday following news that United Nation inspectors have found chemical warh…