FPO Pacific Rim, Dayton propose merger
In what has been described as a “win-win situation” by both parties, Pacific Rim Mining (PFG-T) and Dayton Mining (DAY-T) are proposing a merger. Management of Pacific Rim likes the high-grade potenti…
Silver Standard Resources Inc
Pan American Silver eyes Manantial Espejo (March 04, 2002)
Vancouver — The proposed Manantial Espejo silver-gold mine in Argentina has moved a step closer to reality following a deal that allows Pan American Silver (PAA-T) to earn a 50% interest.In August 20…
Black Hawk to buy out Limon royalty
Black Hawk Mining (BHK-T) has made arrangements to buy out a 2% royalty on the El Limon gold mine in Nicaragua for $1.25 million. The deal, with royalty-holder Repadre Capital (RPD-T), will see Black …
Silver Standard teams with GoldOre Resources
An option agreement with Gold-Ore Resources (GOZ-V) sets the stage for Silver Standard Resources (SSO-V) to extend its search for bulk-minable silver deposits to include Mexico’s Sinaloa state.Silver …
Silver Standard execs cash in options
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Aurora Platinum (ARP-V) — Michael Winn, director, exercised 37,500 option…
CDNX continues bull run (January 14, 2002)
Vancouver — Canada’s junior exchange continued its bull run during the week ended Jan 8. The Standard & Poor’s-CDNX composite index jumped 47.75 points, or 4.6%, and closed at 1,084.34.Donner Mineral…
Dayton-Pac Rim merger targets El Dorado (January 14, 2002)
With an eye on advancing the El Dorado gold-silver project in El Salvador, Dayton Mining (DAY-T) and Pacific Rim Mining (PFG-T) have proposed an all-stock merger.Pacific Rim President Catherine McLeod…
Mounting metals stocks cast pall over new year
Base metals continued to shed value during the report period Dec. 10-14 as the markets eased back following the technical rally of late November.Nickel was the big loser, shedding 8.1% of its average …
Silver Standard hits bonanza grades
Vancouver — Silver Standard Resources (SSO-V) has tabled more high-grade results from infill and exploration drilling at the Manantial Espejo silver-gold project in Argentina’s Santa Cruz province.So…
CDNX loses ground on new S&P index
Vancouver — The Canadian Venture Exchange launched a new composite index during the week ended Dec. 11. Based on market capitalization, the Standard & Poor’s-CDNX Composite Index is meant to provide …
Summo, Matrix seek cash for Mt. Watson prospect
Low metal prices continue to hold back copper-oxide specialist Summo Minerals (SMA-T), which expects to rely on debt financing to keep its portfolio of development properties going.Summo’s only produc…
CDNX posts gains in active week
Vancouver — Canada’s junior exchange entered the Christmas season on a bullish note, posting gains on all indices during the week ended Dec. 4. The Canadian Venture Exchange composite index added 15….