Trading Summary (October 16, 2002)
The Toronto golds were one of just three subindices in the black on Wednesday, regaining 2.34 points or 1.4% to 166…
News
TVX’s big fat Greek headache
Greece’s supreme administrative court, the Conseil d’Etat, has dealt TVX Gold (TVX-T) another blow by blocking the…
Cost cutting lifts Alcan
Kicking off Canada’s quarterly earnings season in grand fashion, Alcan (AL-T) has posted higher earnings for the th…
Omolon strikes debt deal
Kinross Gold’s (K-T) 54.7%-owned Russian subsidiary, Omolon Gold Mining, has inked a deal with the Magadan administ…
Placer extends AurionGold offer (October 16, 2002)
Vancouver — With AurionGold now recommending that shareholders accept Placer Dome’s (PDG-T) $1.2 billion takeover…
Trading Summary (October 15, 2002)
Toronto’s gold index, suffering from a US$5.10-per-oz. drop by gold to US$312.40 per oz. in New York, dropped 3.74…
Placer prevails as AurionGold caves in (October 15, 2002)
Vancouver — It may have taken five long months but Placer Dome (PDG-T) has finally won over AurionGold’s managemen…
LionOre gets the nod down under
In a more cordial Australian takeover story, LionOre Australia (Nickel) independent director, Chris Baker, is advis…
IFC drops Rosia Montana
Facing pressure from environmental groups and non-governmental organizations, International Finance Corp., the Worl…
Bema Gold makes ‘pre-emptive strike’
Eyeing some attractive South African gold assets, junior Bema Gold (BGO-T) has agreed to merge with fellow Vancouverite EAGC Ventures (YEV-V), formerly East Asia Gold.Under the deal, Bema is offering …
Quebec gold juniors still on the move
Rouyn-Noranda, Que. — The annual convention of the Quebec Prospectors’ Association, held here recently in the heart of the Abitibi, is shining a spotlight on the many exploration and development proj…
