Northern Miner Indices (May 19, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T20.0%CamecoCCO-T3.6%FalconbridgeFL-T4.6%Freeport McM BFCX-N5.8%GoldcorpG-T4.5%IncoN-T8.0%Kinross GoldK-T4.5%Newmont MiningNEM…
News
Resource sector buoys junior exchange
Vancouver — The resource sector helped Canada’s junior exchange maintain its rally over the week ended May 13. The S&P-TSX Venture Exchange composite index tacked on 12.66 points, or 1.2% of its valu…
Fronteer-Red Lake cut low grades
Vancouver — A 4-hole drill program by partners Fronteer Development Group (FRG-V) and Red Lake Resources (RL-V) has returned low-grade gold mineralization from the Swain-Sol d’Or property in the Red …
Trading Summary (May 16, 2003)
Toronto’s gold stocks dropped 3.49 points or about 2% to 158.74 on Friday even as the yellow metal added US$2.10 to…
AngloGold eyes top spot
Looking to regain top spot among global gold producers, South Africa’s AngloGold says it is in early-stage talks ai…
Canico kicks off second phase at Onca-Puma
Vancouver — Canico Resource (CNI-V) has commenced a second phase infill drill program which will also include a fe…
Iamgold earnings bolstered by Ghana acquisitions
First-quarter earnings at gold producer Iamgold (IMG-T) rose year-over-year in 2003, partly as a result of higher g…
Minera Andes, La Mancha aim to merge
Vancouver Major mining houses are not the only companies feeling the urge to merge. Junior explorers have also be…
Trading Summary (May 15, 2003)
Toronto’s gold stocks slipped 0.35 of a point to 162.23 as the yellow metal flat-lined at US$352.10 per oz. in New…
Jacobina zones shaping up for Desert Sun (May 15, 2003)
Drilling by Desert Sun Mining (DSM-V) at the Jacobina project in Bahia state, Brazil, have established potential fo…
Western Silver hits new zone
Vancouver — Western Silver (WTC-T), formerly Western Copper, has discovered a new polymetallic zone on its wholly…
Blanchard looks to add to Barrick complaint (May 15, 2003)
New Orleans-based bullion dealer Blanchard & Co. has filed a motion with a Louisiana district court to add to its a…