Exploration heats up in SW New Brunswick
Despite a slump in base metal exploration, 2002 proved to be a banner year for precious metals in New Brunswick. It was gold’s turn to shine as exploration efforts turned up widespread occurrences in …
Despite a slump in base metal exploration, 2002 proved to be a banner year for precious metals in New Brunswick. It was gold’s turn to shine as exploration efforts turned up widespread occurrences in …
Vancouver — Thanks to its mainstay Huaron mine in Peru, Pan American Silver (PAA-T) produced a record 7.8 million oz. silver from its four mines in 2002, a 12% rise from the 2001 total.The company ma…
Recent insider trading transactions reported by the Ontario Securities Commission include the following:n Aurizon Mines (ARZ-T) — Ian Walton, director, sold 10,000 shares at $1.32 apiece to hold 764,…
It did not feel as momentous as 2000 or 2001, when we saw the creation of several global mining giants, but 2002 was full of smaller-sized mergers, particularly in the precious metals sector.Among the…
At the Autumn Precious Metals Seminar, held recently in Toronto and co-sponsored by the Silver Institute and Gold Fields Mineral Services, representatives of five North American silver producers gave …
Before the merger with Pan American Silver (PAA-T) can close, Corner Bay Silver (BAY-T) has to secure a water source for a proposed heap-leach operation at the Alamo Dorado project in Sonora state, Me…
Pan American Silver (PAA-T) shareholders have voted overwhelmingly in favour of the company’s proposed merger with Corner Bay Silver (BAY-T).Under a revised deal, each Corner Bay share will be convert…
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…
Recent insider trading transactions reported by the Ontario Securities Commission include the following:o Alamos Minerals (AAS-V) — Chester Millar, director, bought 70,000 shares at 39-57, sold 139,…
Corner Bay Silver (BAY-T) has unveiled the results of a feasibility study on its Alamo Dorado project in Mexico’s Sonora state.The study, performed by AMEC E&C Services, tested the economics of an ope…
With a US$10-million project debt facility in hand from International Finance Corp., Pan American Silver (PAA-T) has begun construction aimed at quadrupling production at its La Colorada mine in Mexic…
Short positions outstanding at June 15, 2002Larger individual positions includeAgnico-Eagle 5,064,777 up 110,343; Alcan 1,488,270 up 517,286; Algoma Steel 160,000 down 181,000; A…
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