GREATEST VALUE TRADED, JANUARY 8-14
ExchgVal($000s)HighLowCloseChangeBarrick GoldT1366224.6523.1023.12-0.83…
News
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…
‘Six Sigma’ solves problems
The “Six Sigma” system has been around for some time. For those who have been out of the picture or are unaware of what Six Sigma is, I offer the following: it is the use of a rigorous, statistics-bas…
BC & Yukon Chamber gives Pezim Award to John Brock Bernanke
John Brock, president of Vancouver-based Badger and Co. Management, will receive the Murray Pezim Award from the British Columbia & Yukon Chamber of Mines.He and 10 other leaders in the west coast’s e…
Peer review needs context
I believe the scientific peer review process deserves discussion in a broader context than it has received thus far (see previous letter by Jan Merks in T.N.M., Dec. 2-8/02 and by David R.M. Pattison …
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…
Goldcorp flush with cash (January 20, 2003)
Goldcorp (G-T) is turning into a powerful cash-generating machine.The mid-tier gold producer has boosted its dividend a third time, by 25% to US15 per share, and it will be paid out every two months …