News

Placer buoyed by Getchell writedown

The most heavily traded company on the Toronto Stock Exchange during the Oct. 24-30 report period was Placer Dome, which jumped $1.40 to $18.25 as investors applauded the company for “facing reality” …


Sun sets on Homestake

In its final quarterly report before being absorbed into the Barrick Gold empire in mid-December, venerable gold miner Homestake Mining announced that lower production costs allowed it to post third-q…




Roros yields mixed results

Exploration drilling at the Roros zinc project in central Norway has returned mixed results for Crew Development (CRU-T).The Vancouver-based company sank 21 shallow holes totalling 1,788 metres in thr…


Responsibility affects entire capital market

With the passage in May of the Geologists Act in Quebec, the introduction of the new Engineering and Geoscience Professions Act in Nova Scotia, and this month’s announcement of regulations under the P…




Gitennes deals Virgen

Vancouver — Gitennes Exploration (GIT-T) has sold its Virgen gold property in north central Peru to a private Peru…


SSO signs deal for Diabillos

Silver Standard Resources (SSO-V) has inked a letter agreement to acquire Pacific Rim Mining’s (PFG-T) Diabillos si…



Echo Bay narrows losses

Echo Bay Mines’ (ECO-T) has followed up a US$400,000 second-quarter loss with one half that amount for the recent t…


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