Bema finances work at Monument Bay
Junior Bema Gold (BGO-T) has closed a brokered private placement of flow-through shares with Canaccord Capital and Haywood Securities with an eye toward resuming drilling at the high-grade Monument Ba…
News
Rhonda raises $1.8m for diamond exploration
Determined to explore a large land position in the heart of the Coronation diamond district in Nunavut, Rhonda (RDM-V) has raised $1.8 million in a public financing arranged through Canaccord Capital …
Low zinc prices hamper Breakwater
A year of record-low zinc prices translated into a $111-million loss for Breakwater Resources (BWR-T). On a per-share basis, the loss works out to $1.20.By comparison, the company posted a loss of $8….
Producer and Dealer Prices (March 11, 2002)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.60-7.00/lb.Copper: Comex May US$0.7405/lb.Indium: Indi…
Orvana begins Don Mario development
It may have taken longer than expected, but Orvana Minerals (ORV-T) has entered the final stretch at the advanced Don Mario gold project in eastern Bolivia.Orvana bought the deposit in 1996 for $43 mi…
FPO Pacific Rim, Dayton propose merger
In what has been described as a “win-win situation” by both parties, Pacific Rim Mining (PFG-T) and Dayton Mining (DAY-T) are proposing a merger. Management of Pacific Rim likes the high-grade potenti…
New sulphide prospect at Aripuana
Drilling by Anglo American (AAUK-Q) to test an electromagnetic conductor on the Aripuana property in northern Mato Grosso state, Brazil, has intersected sulphide mineralization along strike from two z…
LEH outlines Geordie
Junior L.E.H. Ventures (LEH-V) has outlined a low-grade polymetallic resource at its Geordie Lake property in the Thunder Bay region of northern Ontario.Indicated resources ring in at 24.4 million ton…
Liberty targets McWatters
Junior Liberty Mineral Exploration (LBE-V) is attempting to raise $750,000 through a private-placement offer of 5 million units.Each unit consists of a share and a warrant; the latter entitles the hol…
Miramar Mining merges with Hope Bay Gold
In a move long-anticipated by the market, Miramar Mining (MAE-T) and joint-venture partner Hope Bay Gold (HGC-T) have agreed, in principle, to merge and thereby consolidate their ownership of the pros…
TGW active at Dona Amanda
Drilling has started at the Dona Amanda copper project in the Dominican Republic.Under operator TGW (GWC-V), the program will test a series of induced-polarization (IP) anomalies, extending on a 4-km …
TSE Short Positions (March 11, 2002)
Short positions outstanding at February 28, 2002Larger individual positions include Agnico-Eagle 3,511,200 up 1,144,049; Alcan Inc. 1,284078 down 127696; Appalaches Res. 140456 up 140,456;…