NAP’s Q2 earnings unchanged from 2001
Higher production in the second quarter translated into more revenue for North American Palladium (PDL-T), but earnings were little-changed from the corresponding period of 2001.NAP pocketed $7.5 mill…
News
Exchange Rates (September 02, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21US$ in C$1.55201.55711.55581.5…
Canadian Stock Exchange Indices (September 02, 2002)
DateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21HighLowTSX Composite6642.836697.936614.346727.796664.91…
Overproduction hurts mining
“Mining faces some of the most difficult challenges of any industry and is distrusted by many . . .” (T.N.M., Facts ‘n’ Figures, July 29-Aug. 4, 2002). In fact, the boot is on the other foot.The minin…
Trading Summary (August 30, 2002)
The Toronto Stock Exchange finished the week in fairly leisurely trading before the long holiday weekend, as the TS…
Placer extends AurionGold offer, reduces hedge book
A day after deciding to reduce its hedgebook, Placer Dome (PDG-T) has extended its takeover offer for AurionGold, a…
Kiniero startup positive for Semafo
The start of mining at the Kiniero gold project in Guinea provided Semafo (SMF-T) with substantial cash flow in the…
Avocet takes over Nelson’s Tajik assets
In a corporate decision to concentrate on its oil and gas interests, Nelson Resources (NLG-T) has reached an agreem…
Trading Summary (August 29, 2002)
The golds continued to set the pace on the Toronto Stock Exchange on Thursday gaining10.05 points or 5.7% to make 1…
Cambior ups Rosebel’s reserves
Cambior (CBJ-T) has tabled the results of a feasibility study of its Rosebel open-pit gold project about 80 km sout…
Platosa resource estimate tabled
Partners Excellon Resources (EXN-V) and Apex Silver Mines (SIL-X) have tabled a mineral resource estimate for the P…
Bema eyes Salvadoran gold and silver
Vancouver — Bema Gold (BGO-T) has inked a deal with Intrepid Minerals (IAU-V) for an option to earn up to 75% of t…