Surging gold energizes Venture Exchange
Vancouver — With a little help from gold, Canada’s junior exchange closed the week ended Feb. 4 on an uptick. The S&P-TSX Venture Exchange composite index added 15.6 points, or 1.4% of its value, and…
Newmont Mining Corporation
Kinross jumps to senior ranks as gold soars
Although it came as no surprise, Kinross Gold made headlines over the Jan. 28-Feb. 4 report period by concluding its long-awaited 3-way merger with TVX Gold and Echo Bay Mines to become Canada’…
Aquiline buys Calcatreu project
Aquiline Resources (AQI-V) is acquiring Newmont Mining’s (NEM-N) Calcatreu gold project in Argentina.In return it must pay more than US$2 million over three years, with US$100,000 due on the deal’s cl…
War fears dampen market
U.S. stock exchanges fell again, during the report period Jan. 22-28, passing their year-end levels on the way and wiping out the New Year rally. The Standard & Poor’s 500 index fell 29.08 points to c…
New gold zones found in James Bay
Partners Cambior (CBJ-T) and Virginia Gold Mines (VIA-T) have found a new mineralized zone at their La Grande Sud property in Quebec’s James Bay region.The discovery was made in hole 175, which passed…
Placer bows out of South Carlin
Not satisfied with the latest drill results, Placer Dome (PDG-T) has chosen to walk away from the South Carlin project of Nevada Pacific Gold (NPG-V).In late 2001, Placer was dealt an option for a 60%…
Intrepid confirms high grades at Casposo (January 27, 2003)
Surface sampling at the Casposo gold-silver project in San Juan province, Argentina, has returned “bonanza” style grades for Intrepid Minerals (IAU-V).Intrepid, which is earning an outright interest i…
Northern Miner Indices (January 27, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…
From foxes to flowcharts Hall of Fame inductees run the gamut of the mineral industry
A hundred years of mining were distilled into a few hours at the fifteenth annual induction ceremony and dinner of the Canadian Mining Hall of Fame in Toronto on January 16.In the hundredth anniversar…
Wolfden peddles Red Lake properties
Having just arranged to acquire the 30% interest in the My-Ritt property it does not already own, Wolfden Resources (YWO-V) is granting Teck Cominco (TEK-T) an option to take a 60% stake in the proper…
A sweet week for golds
Gold bugs were delighted over the holiday-shortened report period as prices for the yellow metal surged more than US$7 to a new, 6-year high of almost US$360 per oz.Gold has been on a steady march upw…
Geomaque and St Barbara offer Defiance
Toronto-based junior Geomaque Explorations (GEO-T) plans to merge with St Barbara Mines of Perth, Australia, to create an international gold mining company.The combined company would be called Defianc…