Canyon posts loss
After producing 23,180 oz. gold and 5,000 oz. silver from the Briggs mine in California, Canyon Resources (CAU-A) posted a net loss of US$1.8 million (or 14 per share) for the second quarter.The comp…
News
Golds evade Toronto stock slide
The Toronto gold stocks were higher over the report period Aug. 8-14, picking up substantial gains as the rest of the market declined. The Toronto Stock Exchange’s TSE 300 composite index was down 166…
Western market loses ground
Vancouver — Canada’s junior exchange posted losses on all indices during the report period ended Aug. 14. The Canadian Venture Exchange composite index lost 17.65 points, or 0.6%, to close at 3,080.6…
EXCHANGE RATES (August 20, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 31July 30July 27July 26July 25US$ in C$…
Gold Funds (August 20, 2001)
Gold Funds as of August 9, 2001Dundee Precious MetalsCentral FundNet Value$13.64$5.14Price$9.60$4.74…
Trans Hex tests Villa Barroso
Despite the presence of a reasonable number of large, gem-quality stones, Trans Hex International (THI-V) says commercial grades were not achieved from the processing of gravel samples collected from …
Vista re-evaluating sulphides at Hycroft
With production at its Hycroft mine coming only from stockpiled ore on the leach pads, Vista Gold (VGZ-T) is examining sulphide mineralization on the property in the hope that new zones could prove ec…
De Beers returns to Doyle Lake
The Canadian exploration division of De Beers Consolidated Mines (DBRSY-Q) is back on the ground at Doyle Lake in the Northwest Territories, taking further till samples from the LA 1-25 claim bock. Th…
MOST ACTIVE ISSUES, AUGUST 8-14
ExchgVol(000s)HighLowCloseChangeBarrick Gold*N 13842 16.39 14.62 16.04 + 1.2…
GREATEST VALUE TRADED, AUGUST 8-14
ExchgVal($000s)HighLowCloseChangeAlcoa*N 401795 37.47 35.25 36.91 – 0.09…
Maude Lake busy at Comtois
Montreal-based Maude Lake Exploration (MAU-M) has signed an option agreement with Newmont Mining (NEM-N) that will allow the junior to acquire a 95% interest in a 15-claim property north of, and conti…
Gold Hawk to test Machacala Aurora
Gold Hawk Resources (CGK-M) has raised $216,000 by privately placing 1 million shares priced at 20 apiece with nine investors. Each share includes a warrant entitling the holder to buy another share …