Minieres du Nord explores nearby Tulawaka
Junior Exploration Minieres du Nord (MDN-T) has begun a soil geochemical survey over two newly acquired permits in…
News
Niobec reserves grow again
Lower production costs and a higher recovery rates have allowed equal partners Cambior (CBJ-T) and Mazarin (MAZ-T)…
Trading Summary (October 07, 2002)
Toronto’s Utility sector was alone in the black at the end of trading on Monday, but just barely as it edged up jus…
Bema eyes EAGC
Vancouver-based junior Bema Gold (BGO-T) has agreed to merge with fellow Vancouverite EAGC Ventures (YEV-V), former…
Anooraq rides bulk tonnage find
Vancouver — The Bushveld igneous complex has been long known to host high-grade platinum group metal deposits but…
Namco records record production
Marine diamond miner Namibian Minerals (NMR-T) produced a record 117,050 carats of diamond during the recent third…
Afri-Can tops up Block J stake (October 07, 2002)
With a final payment of $125,000 to its Australian partner, Woduna Mining Holding, Afri-Can Marine Minerals (AFA-V) has boosted to 70% its interest in the Block J marine diamond concession, 105 km nor…
Junior market continues to slide
Vancouver — A battle between reluctant sellers and stingy buyers forced the bid-ask spread on individual stocks to widen to levels not seen in more than a year during the report period ended Oct. 1. …
Porgera’s problems persist
Placer Dome (PDG-T) expects its half-interest in the Porgera mine in Papua New Guinea to generate a third-quarter loss of US$7 million, owing to power interruptions.Vandals have damaged more power pol…
Noranda dismounts Caballo Blanco (October 07, 2002)
Noranda (NRD-T) has dropped its option to earn a 75% stake in Almaden Minerals’ (AMM-T) Caballo Blanco property in eastern Mexico, near Veracruz.To earn its interest, the major had agreed to complete …
Tichegami yields one stone
A second kimberlitic find on the Tichegami property in the Otish Mountains region of Quebec has returned only one microdiamond from 23.1 kg of tested material. The project is shared by Pure Gold Miner…
Canadian Stock Exchange Indices (October 07, 2002)
DateOct. 1Sept. 30Sept. 27Sept. 26Sept. 25HighLowTSX Composite6218.616180.426111.116179.426165…