Trading Summary (June 03, 2002)
The Toronto Stock Exchange’s gold index stole the show taking on 6.69 points or more than 3% to end Monday at 228.6…
News
Residents shoot down Tambo Grande plan
Residents shoot down Tambo Grande planResidents of Tambogrande, a small agricultural centre about 865 km northw…
Rio Narcea ups forecast on record month
Rio Narcea Gold Mines pumped out a record 29,336 oz. of gold from its El Valle operation in Spain, during May, more…
Ivanhoe takes stake in Pacific Minerals
Vancouver — A US$3 million investment in Pacific Minerals (PMZ-V) paves the way for Ivanhoe Mines (IVN-T) to earn…
Aurizon eyes $8 m for Casa Berardi
Aurizon Mines (ARZ-T) has agreed to a private placement of 7.1 million share at $1.15 apiece with a group of underw…
Semafo extends mineralization at Nyafe (June 03, 2002)
Reverse circulation drilling by Montreal-based Semafo (SMF-T) has extended the Nyafe gold-bearing structure, on the Mana property in Burkina Faso, some 300 metres to the northeast.Selected results for…
Wolfden extends High Lake zones
Wolfden Resources (YWO-V) has begun a $2-million program of drilling and airborne geophysics at its High Lake volcanogenic massive sulphide property in Nunavut’s Bathurst Inlet.Hole 201, the first 40-…
GREATEST VALUE TRADED, MAY 22-28
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N60948832.0029.9532.00+1.19…
Gold fever grips TSX Venture Exchange
Vancouver — With gold stocks leading the way, Canada’s junior exchange continued its upward march over the report period ended May 28. The S&P-TSX Venture Index climbed 22.9 points, or 1.9%, and clos…
Mining stocks survive broad market woes
The release of another cautious U.S. consumer report pushed the Standard & Poor’s 500 index down 8.93 points, or 0.8%, during the holiday-shortened May 22-28 report period. Likewise, the Down Jones In…
Placer hops on merger bandwagon
The golds once again outshone the broad market, which slipped 27.73 points over the five trading days to finish the May 22-28 report period at 7,660.58. The gold index leaped ahead 9.83 points, or 4.5…
Maude back to gold
With the price of gold reaching levels not seen in years, Maude Lake Exploration (MAU-V) has suspended its plan to create and list a diamond exploration vehicle.Instead, the Montreal-based junior will…