News
Suppliers Roundup (June 28, 2004)
AMEC gets Phoenix contract…
Anooraq-Pelawan combo OKed
Vancouver — The South African Exchange Bank has given conditional approval to the proposed combination of
Uranium miners heat up
The Toronto Stock Exchange’s gold index jumped 5.21 points, or 2.7%, to 201.46 during the June 16-22 report period. Not surprisingly, the price of gold rose US$10.50 to an afternoon fix of US$395.75 per oz. in New York on June 22. The rest of the…
Gold rebound nudges juniors higher
The TSX Venture Exchange retook some ground over the trading period June 16-22, closing at 1,568.96, up almost 46 points. The junior market was propelled by a rebound in the gold price, closing at US$395 per oz., up about US$6. Gold seems to be en…
Trading Summary (June 25, 2004)
Major Canadian stocks ended the day slightly lower on Friday, with the S&P/TSX composite index slipping 33.00 point…
Crystallex to buy out rest of El Callao (June 25, 2004)
Crystallex International (KRY-T) has launched a bid to acquire the rest of the shares of El Callao Mining (ECM-V) t…
BM Diamondcorp finds gold in PNG (June 25, 2004)
BM Diamondcorp (BDI-V) has intersected significant gold in three holes drilled on its Woodlark Island project, 300…
Miramar’s Boston drilling exceeds expectations
Vancouver – Good news follows bad for Miramar Mining’s (MAE-T) wholly owned Hope Bay gold project near Bathurst Inl…
Youga drilling firms up resource (June 24, 2004)
Drilling has proved that the gold deposits at Etruscan Resources’ (EET-T) Youga property in Burkina Faso are bigger…
Trading Summary (June 24, 2004)
Gold closed up US$6.10 per oz., at US$400 per oz. in the afternoon in London. The gold index was also up by 1.79%,…
Northgate buying Sustut from Doublestar
Vancouver – Northgate Minerals (NGX-T) is striking a deal to purchase the Sustut Copper deposit from Doublestar Res…