Labrador uranium draws juniors
Two companies better known for their efforts in gold exploration — Fronteer Development Group (FRG-T) and Altius Minerals (ALS-V) — have reopened the search for uranium in Labrador’s Central Mineral…
News
TVI Pacific buoyed by progress at Rapu Rapu in Philippines
An improved outlook for metals prices has Calgary-based TVI Pacific (TVI-T) expecting to benefit from several advanced polymetallic projects in the Philippines.The company holds a 2.5% net smelter ret…
Greystar cuts gold, reviews data
Greystar Resources (GSL-T) has intersected more long intersections of gold at its Angostura property in northeastern Colombia.The results from seven new holes represent the discovery of several struct…
Gold Fields takes pass on Miyabi
In spite of some significant intersections in recent drilling, South African mining house Gold Fields (GFI-N) has turned down its option on the Miyabi project in the Lake Victoria goldfields of Tanzan…
Apollo Gold sizes up Black Fox near Timmins
Armed with nearly 83,000 metres of drilling in 296 holes, Apollo Gold (APG-T) has tabled an initial reserve estimate for the Black Fox gold project, near Timmins, Ont.Based on a gold price cutoff of U…
Spot Prices Tuesday, March 2, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$398.60-2.85Silver$6.86 +0.32Platinum$887.00+30.00…
Olympus boosts stake in Phuoc Son
Shares in Olympus Pacific Minerals (OYM-V) dropped nearly 10% in early trading in Vancouver on March 1 after the company announced an all-share deal to boost its stake in the Phuoc Son gold project in…
Exchange Rates (March 08, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 2March 1Feb. 27Feb. 26Feb. 25US$ in C$1.34311.33911.34011.3…
Canadian Stock Exchange Indices (March 08, 2004)
DateMarch 2March 1Feb. 27Feb. 26Feb. 25HighLowTSX Composite8808.00…
American Gold gains Metates
Vancouver-based American Gold Capital (AAU-V) has acquired the Metates gold-silver project in the Mexican state of Durango.The company issued 12 million shares for the acquisition, as required under t…
Hard to kill
“Prospectors foregathered to the number of about 150 in Toronto on Tuesday to form an association and to formally protest against the passage of the proposed Engineers Act. Organization was quickly pe…
Golden Goose ponders Magino options
Location matters in the mining industry, which explains why management of Golden Goose Resources (GGR-V) is tracking the pending closure of the Hemlo gold mines in Ontario.The company’s Magino gold pr…