Geomaque extends hand to the market
Cash-strapped Geomaque Explorations (GEO-T) will attempt to raise $1.5 million by privately placing 22.2 million tr…
News
Seabee grades dog Claude (August 26, 2002)
Still struggling through lower grade ore from the D zone at the Seabee gold mine in Saskatchewan, Claude Resources…
Rietfontein yields broad low-grade nickel (August 26, 2002)
Vancouver -The first two holes drilled by Robert Friedland-led African Minerals into the westerns side of Anooraq R…
BeMaX eyes consolidated Pooncarie
Australian-based BeMaX Resources has agreed to buy Sons of Gwalia’s (SGW) 25% stake in the BIP joint venture, which…
The Northern Miner — North American Mining Index (August 26, 2002)
71.35 (-1.21)(Sept. 30/98 = 100)…
NAME CHANGES (August 26, 2002)
Dalmatian Resources (DTN-V) has changed its name to Enwest Ventures (ENN-V) on a 1-new-for-3-old-share basis.
News – 26-AUG-02
Short covering flatters to deceive
Aug. 12-16 at a Glance- Copper prices remain more cushioned on the downside, owing to a shortage of raw materials, but a test of the January low of US$1,434 per tonne is still likely in the current en…
Lending Rates (August 26, 2002)
as of 4 pm ET, Aug. 20, 2002(%)Bank of Canada2.75Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.77LIBOR US$ 6-month1.76LIBOR US$ 1-year1.90Gold lease 3-month0.32Gold leas…
Gold Funds (August 26, 2002)
Gold Funds as at August 15, 2002Dundee Precious MetalsCentral FundNet Value$21.28$5.75Price$15.50$6.44…
Kanowna Belle helps drive Aurion
Kalgoorlie, Australia — If history is any guide to the future, the story behind the discovery of the Kanowna Belle gold deposit in the Eastern Goldfields of Western Australia is a key factor driving …
Vote to settle Pan Am/ Corner Bay merger
As shareholders prepare to vote on the proposed merger between Pan American Silver (PAA-T) and Corner Bay Silver (BAY-T), the deal remains conditional on Corner Bay’s securing water rights for the Ala…