Goldcorp posts record earnings
On the back of newfound production at the Red Lake mine in northwestern Ontario, Goldcorp (G-T) has posted its best quarterly earnings and cash flow in nearly a decade.Earnings in the three months end…
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Eldorado posts loss
Vancouver — Eldorado Gold (ELD-T) slipped into the red during the first quarter as a result of lower overall production. The shortfall is attributed to a change in mining methods at the Sao Bento min…
Starfield hits high grade
Vancouver — The first hole of a 40,000-metre drill program has expanded the high-grade zone at the Ferguson Lake nickel-copper-cobalt-platinum-palladium project in Nunavut.Starfield Resources (SRU-V)…
Aurora insiders exercise warrants
The following insider trading transactions were recently reported in the Ontario Securities Commission’s OSC Bulletin:- Aurora Platinum (ARP-V) — Exploration Capital Partners, owner of more than 10% …
Glimmer mine shuts down
Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) have suspended production at their Glimmer gold mine in northern Ontario.The pair hopes to resume production in the near future, and, tow…
Boliden to issue shares, retain Chilean assets
Swedish-Canadian miner Boliden (BOL-T) says it will go ahead with a financial restructuring as its board of directo…
BHP shareholders okay merger
Shareholders of Australia’s BHP (BHP-N) voted in favour of a proposed US$32-billion merger with Billiton to create…
De Beers buyout okayed
Shareholders of De Beers Consolidated Mines (DBRSY-Q) have approved an US$18.7-billion buyout offer that would see…
Silver Standard hits down under
Vancouver — A newly completed 12-hole reverse-circulation drill program by Silver Standard Resources (SSO-V) has e…
McWatters seeing red
With mining suspended at the Sigma-Lamaque open-pit gold mine in Val d’Or, Que., McWatters Mining (MCW-T) has poste…
Minera eyes PGMs
Vancouver — With Pacific North West Capital (PFN-V) drilling its Janes-Davis property, Minera Capital (MNL-V) has…
Trading Summary (May 18, 2001)
A US$12.65-per-oz. rise in the price of gold in New York sent the Toronto Stock Exchange’s gold issues soaring on F…