Partners drill Timmins project (October 08, 2003)
The first four holes from a recently doubled 10,000-metre definition-drilling program on Holmer Gold Mines’s (HGM-V…
News
Trading Summary (October 07, 2003)
With gold adding US$4.40 per oz. to end at US$376.90 in New York, Toronto’s gold index managed to regain another 2.
Alcan offer opens in France
Alcan (AL-T) has officially opened its 4-billion-euro takeover bid for French rival Pechiney after recently securin…
Temex tests Juby
Temex Resources (TME-V) has begun a 7,000-metre drill campaign on its Juby gold project along the western extension…
BRT fails to yield base metals
Vancouver The first round of drilling over the BRT massive sulphide showing on the Foremore property in northwest…
Trading Summary (October 06, 2003)
The Toronto Stock Exchange began the week with a 43.28-point climb to 7,562.87 on Monday, as the technology stocks…
Bright Star eyes West Pogo
Vancouver Junior Bright Star Ventures(BSV-V) has picked up a 35% interest in prospective ground some 8 km west of…
Fortune cashes up
Fortune Minerals (FT-T) has privately placed 643,500 units at 70 apiece to The Contrarian Resource Fund and three…
Outokumpu cashes in Inmet shares
Finland’s Outokumpu has raised 23 million euros via the sale of about 4 million shares in Inmet Mining (IMN-T)….
The Northern Miner Indices (October 06, 2003)
North American Mining: 87.61 (-5.25)Small Producers: 80.13 (-9.87)(Sept. 30/98 = 100)…
Cambior, Ariane merge
Montreal-based miners Cambior (CBJ-T) and Ariane Gold (AGD-T) have agreed to merge with an eye toward developing the latter’s Camp Caiman project in French Guiana.Under the proposed nuptials, Ariane s…
Royalty financing
Royalty financing provides companies with an additional potential source of funds for exploration, project development and other financing needs. The basic concept of royalty finance is that a company…