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 …
Corner Bay Silver Inc
Pan American posts record output (March 03, 2003)
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…
Iamgold execs cash in options
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,…
2002 marked by further consolidation
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…
Silver producers jostle for investors’ attention
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 …
Pan Am date extended
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 Am, Corner Bay merger goes ahead
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…
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…
Kinross no longer Greystar insider
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,…
Alamo Dorado gets positive feasibility study (July 15, 2002)
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…
La Colorada construction under way
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…
TSE Short Positions (June 24, 2002)
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…