Resource stocks mixed as broad markets gain
The Toronto Stock Exchange Composite index coasted through the Oct. 23-29 report period, rising a mere 3.15 points to finish the week at 6,294.81.Gold was up US$3.75 in overseas markets, landing at a …
News
Bulls battle bears to a draw
Vancouver — Canada’s junior exchange saw little change during the report period ended Oct. 29 as investors appeared unwilling to make any big bets ahead of crucial economic reports due later in the w…
Barrick sees earnings slide
Barrick Gold (ABX-T) has posted disappointing earnings of US$34 million (or US6 per share) for the third quarter, owing to lower-than-anticipated grades and recovery rates at several of its operation…
Charter empowers SA miners
South Africa’s new Broad-Based Socio-Economic Empowerment charter is the product of a process that reaffirms the mining sector’s willingness to aid and promote wealth creation opportunities for histor…
Starfield delineates 119 zone
Vancouver-based Starfield Resources (SRU-V) has cut more massive sulphides at its Ferguson Lake polymetallic project, near Rankin Inlet in Nunavut.In late August, Starfield discovered the so-called 11…
Trading Summary (November 01, 2002)
The Toronto Stock Exchange ended the week on a high note reclaiming 72.61 points to make 6,321.4 on Friday with al…
Glencairn takes a better view of Bellavista
Assured that the government of Costa Rica will support development of the Bellavista gold project, Glencairn Gold (…
Rio Narcea picks up new zone at El Valle (November 01, 2002)
Exploration drilling by Rio Narcea Gold Mines (RNG-T) in the main pit at the El Valle gold mine in the Asturia regi…
Drill turning at Jales
Vancouver — Junior St. Elias Mines (SLI-V) has launched a 1.500 metre drill program over the Gralheira- Jales gold…
Angloplat workers walk
Vancouver — Some 2,000-to-3,000 workers at the Bafokeng Rasimone platinum mine is South Africa have refused to go…
Trading Summary (October 31, 2002)
Toronto’s gold stocks dropped 6.31 points or 3.7% to lead declining subindices on the day despite a US$1.30-per-oz.
Canadian Royalties wins dispute
Vancouver Canadian Royalties (CZZ-V) has won the legal battle over a disputed ground on its Phoenix nickel-copper…