Trading Summary (June 17, 2002)
The Toronto Stock Exchange’s S&P/TSX Composite Index pulled out of its 10-session skid gaining 108.4 points or 1.5%…
News
Glamis tables El Sauzal feasibility study
Vancouver — Since the announcement of the merger in March, Nevada-based Glamis Gold (GLG-T) and Francisco Gold (FG…
La Colorada construction commences
With a US$10-million project debt facility in hand from International Finance Corp., Pan American Silver (PAA-T) ha…
Partners drill River Valley (June 17, 2002)
Vancouver — Mustang Minerals (YMU-V) and Impala Platinum Holdings (Implats) have released more drill results from…
Tri Origin, Triako encouraged down under
An initial round of drilling by Sydney, Australia-based Triako Resources on Tri Origin Exploration’s (TOE-V) Overfl…
Patrician joins Commander and Ascot in Nunavut
A letter of agreement with Diamonds North Resources, a subsidiary of Commander Resources (CMD-V) (formerly Major Ge…
Black Swan explores Brazil
The first phase of drilling is under way on claims held by Black Swan Resources (BSW-T) along the Santo Antonio do Bonito River in Brazil. The drilling, in conjunction with a program of geophysical su…
Falco fined for foul effluent (June 17, 2002)
Falconbridge has been fined $16,000 by the Ontario Court of Justice after pleading guilty to four counts of failing to comply with the Environmental Protection Act.The charges stem from the discharge …
Twin heads back to Jackson Inlet
Twin Mining (TWG-T) has approved a $1.7-million first phase of exploration for the Jackson Inlet diamond property in Nunavut.The program will include ground magnetometer surveying, soil sampling, grav…
Kinross leaps into big leagues
Not content to sit aside as the industry marches forward with consolidation, Kinross Gold (K-T), Echo Bay Mines (ECO-T) and TVX Gold (TVX-T) have proposed a 3-way merger to create the world’s s…
NovaGold advances Donlin Creek
Anchorage, Alaska — With an US$8-million preliminary feasibility study under way, NovaGold Resources (NRI-T) expects to earn its 70% interest in the Donlin Creek project in Alaska before the end of t…
Ashton still bullish on Otish Mountains
Six years of regional reconnaissance exploration by Ashton Mining of Canada (ACA-T) and Soquem in the eastern Superior Craton of northern Quebec paid off in the fall of 2001 with the discovery of two …