Correction (November 19, 2001)
Vancouver — In our Nov. 5-11 issue, we reported that Eldorado Gold’s (ELD-T) projected production for 2001 is 117,000 oz. and that operating costs are forecast at US$209 per oz.Eldorado forecasts gol…
News
NAME CHANGES (November 19, 2001)
Lucero Resource (LCR-V) has changed its name to Squared Developments (SQD-V) on a 1-new-for-10-old-share basis.Totem Mining (TOH-V) has changed its name to Comcorp Ventures…
Silver Standard active in Argentina
Vancouver — Junior Silver Standard Resources (SSO-V) reports impressive results from infill and exploration drilling at the Manantial Espejo silver-gold project in Argentina’s Santa Cruz province.So …
Mtn Province arranges financing
Low on cash, Mountain Province Diamonds (MPV-T) intends to raise just under a million dollars in a private placement of more than 1.9 million units priced at 50 apiece.A unit will consist of one shar…
Sultan expands Gold Mountain anomaly
Vancouver — At its Kena property, north of Ymir, B.C., Sultan Minerals has expanded a gold-in-soil anomaly 1,200 by 600 metres.Soil sampling on the Gold Mountain grid previously defined highly anomal…
GREATEST VALUE TRADED, NOV. 7-13
ExchgVal($000s)HighLowCloseChangeAlcoa*N39981536.4633.6036.30+2.29…
Northern Miner Indices (November 19, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Idaho Cons. breaks pact with Crystallex
Under a mutual agreement, Crystallex International (KRY-T) will no longer be providing technical support services to Idaho Consolidated Mines (IDO-V) at the Stillwater complex in Montana.The original …
TVX chalks up quarterly loss (November 19, 2001)
Lower realized prices and the devaluation of the Brazilian real saw TVX Gold (TVX-T) end the third quarter in the red.Net losses in the three months ended Sept. 30 totalled US$1.1 million on revenue o…
CDNX breaks 3000 mark
Vancouver — Canada’s junior exchange posted gains on all fronts over the report period ended Nov. 13. The Canadian Venture Exchange composite index tacked on 66.11 points, or 2.24%, to finish the wee…
Vannessa seeks injunction
Vancouver — Legal issues are once again taking centre-stage at the Las Cristinas gold property in Bolivar state, Venezuela. Minera Las Cristinas (Minca), which is 95%-held by Vannessa Ventures (VVV-V…
Starfield adds tonnage at Ferguson Lake
Vancouver — Drilling at Starfield Resources’ (SRU-V) Ferguson Lake property in Nunavut has added 8.4 million tonnes to the copper/nickel/cobalt/platinum-group-metal resource.The additional tonnage oc…