GLR dusts off cobwebs in Sask.
With the price of gold on the rise, GLR Resources (GRS-T) has decided to forge ahead with the development of the Bo…
News
Wolfden drills turn at High Lake
Wolfden Resources (YWO-V) has begun a $2-million summer program of drilling and airborne geophysics at its High Lak…
Trading Summary (May 28, 2002)
A surging gold price sent the Toronto Stock Exchange’s gold issues higher on Tuesday with the group gaining more th…
Semafo extends Nyaf
Reverse circulation drilling by Montreal-based Semafo (SMF-T) has extended the Nyaf gold-bearing structure, on the…
Namco losses narrow
Although still afloat, Namibian Minerals (NMR-T) lost US$8 million during the first three months of 2002.The US…
BHP Billiton extends copper cuts
Vancouver – In response to continued weak demand for copper, BHP Billiton (BHP-N) plans to extend its production cu…
Maude Lake shifts focus
With the price of gold reaching levels not seen in years, Maude Lake Exploration (MAU-V) has put its plan of creati…
Trading Summary (May 27, 2002)
The golds led the Toronto Stock Exchange lower to start the week dropping 7.82 points or 3.5%. The Mining index man…
Noranda, Falconbridge swaps execs
The integration of Noranda (NRD-T) and Falconbridge (FL-T) continues with some top-ranking officials on the move. …
Etruscan and Mountain Lake add Ventersdorp properties
Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have inked letters of intent to acquire 3 new diamon…
Daily Metal Prices (May 27, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 21May 20May 17May 16May 15Aluminium1325/1346.50…
Less demand for gold
Consumer demand for gold in the first quarter was 749.5 tonnes, or 10%, lower than a year earlier, according to a survey conducted by the London-based World Gold Council.The quarter’s most striking fe…