Great Quest finds gold at Kenieba
A reconnaissance survey on the Kenieba concession in Mali, West Africa, by Great Quest Metals (GQ-V) has returned up to 10.5 grams gold per tonne.The survey focused on two targets, the Zambaye 1 and 2…
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Canabrava joins Majescor in Quebec (December 17, 2001)
Canabrava Diamond (CNB-V) has agreed to earn a half-interest in the Mistassini project in the Otish Mountain region of Quebec.In return, the junior is required to spend $1.3 million on exploration ove…
King property yields micros
Vancouver — Randy Turner-led Diamondex (DSP-V) has tabled positive microdiamond results from its King property, adjacent to De Beers’ Snap Lake diamond deposit.The King property consists of 44 minera…
MOST ACTIVE ISSUES, DEC. 5-11
ExchgVol(000s)HighLowCloseChangeNewmont Mng*N1499120.3118.8518.90-0.84…
Freewest finds gold zone in NB
Vancouver — Backhoe trenching has uncovered a new gold zone at Freewest Resources Canada’s (FWR-V) Clarence Stream property in New Brunswick.Dubbed “Murphy,” the new zone was intermittently exposed b…
GREATEST VALUE TRADED, DEC. 5-11
ExchgVal($000s)HighLowCloseChangeAlcoa*N55589940.4537.9038.53+0.43…
Spot Prices Wed. December 12, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$273.25-$2.50Silver$ 4.29+$0.14Platinum$466.00+$…
TSE Short Positions (December 17, 2001)
Short positions outstanding at November 30, 2001Larger individual positions include:Agnico-Eagle 1,905,785 up 949,900; Alcan Inc; P> 1,460,722 up 371,386; Barrick Gold 10,815,328 up 155,839; Bolide…
Francisco eyes targets in Guatemala
Vancouver — Junior Francisco Gold (FGX-V) has identified additional targets on ground surrounding the promising Marlin Main zone in Guatemala.Regional prospecting and sampling 30 km southeast of the …
Normandy takeover heats up
The quest for Australian gold producer Normandy Mining turned a corner over the Dec. 5-11 report period as Newmont Mining increased its cash component to twice that offered by rival suitor AngloGold…
Canaccord revises PGM forecast downward
In a November research report, Canaccord’s London-based gold analyst, Roger Chaplin, lowers his price projections for platinum group metals (PGMs) and their producers.Building on PGM supply-and-demand…
Canadian Stock Exchange Indices (December 17, 2001)
DateDec. 11Dec. 10Dec. 7Dec. 6Dec. 5 High LowTSE 3007531.637559.817616.807613.677620.17…