Canadian Stock Exchange Indices (January 20, 2003)
DateJan. 14Jan. 13Jan. 10Jan. 9Jan. 18HighLowTSX Compos…
Articles by Northern Miner Staff
Masuparia drills Greywacke
Vancouver — Masuparia Gold (MPG-V) is considering developing a small open-pit gold mine on the Greywacke Lake property northeast of La Ronge, Sask.The announcement is based on results from a series o…
Canada’s junior exchange chases bull
Vancouver — The TSX Venture Exchange continued its bull run over the week ended Jan. 15. The S&P composite index closed up 15.2 points, or 1.38% of its value, to 1,110.57.Oasis Diamond Exploration tr…
The Northern Miner — North American Mining Index (January 20, 2003)
74.59(-0.79)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (January 20, 2003)
91.35 (-4.89)(Sept. 30/98 = 100)…
Pele aims drills at Ardeen gold project
Another old gold project is being dusted off and revived: Pele Mountain Resources (GEM-V) is about to begin drilling at its wholly owned Ardeen mine property, 110 km west of Thunder Bay, Ont.Situated …
Iamgold joins Int’l Minerals in Ecuador
International Minerals (IMZ-T) (formerly Ecuadorian Minerals) has dealt Iamgold (IMG-T) an option to earn a 60% interest in its Canicapa project in southern Ecuador, about 380 km south of the capital …
First Point picks up Rio Luna (January 20, 2003)
Vancouver — With a 2,000-metre drill program under way on its Cacamuya gold-silver project in southwest Honduras, First Point Minerals (FPX-V) has inked a deal to acquire the Rio Luna gold property i…
Golds retrench but base metals higher
The Toronto Stock Exchange was only fractionally higher through the trading period Jan. 8-14, with the composite index up 8.2 points, or 0.1% of value, at 6,810.98. Most of the market sectors moved si…
Miramar tallies Doris North study
Vancouver — An independent feasibility study of the Doris North gold deposit on the Hope Bay project in Nunavut calls for a 668-tonne-per-day operation and production of 311,693 oz. gold over a mine …
Agnico finds gold at Lapa
Drilling by mid-tier gold producer Agnico-Eagle Mines (AGE-T) at the Lapa property of Breakwater Resources (BWR-T), 11 km east of Agnico’s LaRonde mine in northwestern Quebec, has intersected extensio…
Cambior sharpens trimmers in ’03
With gold climbing to prices not seen in years, Cambior (CBJ-T) plans to trim its hedge book by about 40% to around 800,000 oz. gold in 2003.The reduction would see the company’s hedge position drop t…