Greenstone Res. expands in Central America
With one mine under construction in Nicaragua, Greenstone Resources (GRE-T) has announced plans to acquire another major project in the Cental American country.The company is constructing the Cerro Mo…
Greenstone Resources Ltd
STOCK MARKETS — Golds advance as base metals stagnate
The Toronto Stock Exchange enjoyed a steady rise over the period ended April 30, with the TSE 300 composite index reaching a record 5,154.32 before settling back to close at 5,146.47, a modest gain of…
Resource stocks up in otherwise gloomy market
The Toronto Stock Exchange felt the effects of New York’s bad days last week, but rallied to finish the period ended March 12 with only a fractional loss. The TSE 300 composite index was down 59.72 po…
Greenstone raises US$25m for 1996
In order to fund all its planned 1996 programs without issuing any more equity, Greenstone Resources (TSE) has arranged US$25 million in debt financing.The financing consists of a US$15-million line o…
Insider Trading — Nuinsco insiders opt to cash in
Two insiders with Nuinsco Resources (TSE) sold options or shares of the company during October.According to the Ontario Securities Commission’s OSC Bulletin, Margaret Archibald, a deemed insider, sold…
STOCK MARKETS — TSE posts record high as resource stocks rally
Strength in the resource stocks helped push the Toronto Stock Exchange composite index to record highs on Dec. 4 and 5. The TSE 300 finished the 5-day report period at 4,722.53, up 48.35 points from t…
Fischer-Watt boosts output in Colombia
Gold production at the Oronorte project in Colombia topped 1,045 oz. in October, well above the average monthly figure of 611 oz.All production came from the Limon underground mine, where high-grade o…
STOCK MARKETS — TSE gold stocks shine as metals prices rise
Prices on the Toronto Stock Exchange rose steadily for the first five trading days of November on relatively heavy trading. The TSE 300 composite index closed at 4,584.54, having risen 125.38 points, …
Positive study for Greenstone’s Mojon
A feasibility study has been completed on one of 25 prospective gold deposits found on Greenstone Resources’ (TSE) 75%-owned La Libertad concession in Nicaragua.The study concluded the Mojon deposit, …
Greenstone ups Libertad reserves
Drill results have enabled Greenstone Resources (TSE) to boost reserves at its 75%-owned Libertad gold project in Nicaragua.Geological reserves in the Cerro Mojon area have risen to 920,000 from 275,0…
STOCK MARKETS — TSE remains quiet as spot gold price slips
Although the Toronto Stock Exchange 300 composite index added a fraction, the TSE had a quiet week, with both mining indexes moving lower.For the four trading days ended Sept. 5, the composite moved u…
Ariel flies high in Costa Rica
Vancouver-based Ariel Resources (TSE) intends to become Costa Rica’s largest producer of the yellow metal, at an annual rate of 50,000 oz.The announcement follows the acquisition of Greenstone Resourc…