Trading Summary (July 08, 2003)
The Toronto Stock Exchange’s gold index dove 2.59 points to 168.41, as the yellow metal shed US$3.90 to US$344 per…
Articles by Northern Miner Staff
Barrick shuffles Bulyanhulu management
Barrick Gold (ABX-T) is shuffling management at its Bulyanhulu gold mine in Tanzania in an attempt to cut costs and…
Drill turns at Regal Ridge
Vancouver — True North Gems (TGX-V) has launched a 1,250 metre drill program over its wholly owned Regal Ridge eme…
Alcan retargets Pechiney
Looking to cut costs and entrench itself in the aerospace supply industry, Montreal-based aluminum giant Alcan (AL-…
Placer opts out of Nyanzaga
Vancouver Placer Dome (PDG-T) has elected to drop the once promising Nyanzaga gold project in the Lake Victoria G…
Trading Summary (July 07, 2003)
Toronto’s diversified miners added 2.39 points, or nearly 2% of value, to end at 130.04 on Monday, helping the broa…
Jewelry slump casts pall over gold market
(The following is from The Commodity Refiner, a monthly publication of Barclays Capital Research, and is concerned with gold and silver metals markets. Subsequent instalments will cover platinum group…
Bema cuts Russian high grade (July 07, 2003)
All but one of 43 holes drilled by Bema Gold (BGO-T) on the Kupol property in Chukotka, Russia, have intersected a 4-km-long epithermal gold-silver vein system.The program tested a 1.6-km portion of t…
Juniors wrap 3-way deal
Juniors St Andrew Goldfields (SAS-T), Royal Victoria Minerals (RVM-V) and United Tex-Sol Mines (UTX.A-V) have completed their previously announced 3-way merger.Under the deal, Royal Victoria…
Gold majors on the march
Even with gold languishing in the low US$350-per-oz. range, all the U.S.-listed gold majors enjoyed strong gains through the report period ended July 1.Sector-leader Newmont Mining jumped $1.58 to US$…
TSE suffers holiday blues as gold claws back
The Toronto Stock Exchange composite index moved sideways over the holiday-shortened June 25-July 1 report period, finishing at 6,983.14, for a loss of 74 basis points.Gold regained some of the ground…
Diamonds drive junior market higher
Vancouver — Canada’s junior exchange inched forward over the holiday-shortened week ended June 30 as investors found a renewed appetite for diamond explorers. The S&P-TSX Venture Exchange composite i…