Correction (November 18, 2002)
The story “New tents pitched in Red Lake camp” (T.N.M., Oct. 21/02) incorrectly stated that Southern Star Resources (YSO-V) is a wholly owned subsidiary of Golden Star Resources (GSC-T).Southern Star …
Brazauro Resources Corporation
Corrections (November 04, 2002)
Southern Star Resources is a wholly owned subsidiary of Colorado-based Golden Star Resources (GSC-T). Shares of publicly listed Southern Star Resources (YSO-V) trade on the Toronto Stock Exchange with…
New tents pitched in Red Lake camp
Aquiline Resources (AQI-V) has entered into an option agreement to acquire a 60% stake in Global Consolidated Minerals’ Dome project, in the Red Lake mining camp in northern Ontario.To acquire its int…
Cambior readies Rosebel as Omai declines
With mining at the Omai open-pit gold mine in Guyana slated to finish by the end of 2005, Cambior (CBJ-T) is preparing for construction at the Rosebel open-pit gold project in neighbouring Suriname.To…
Higher output, earnings for Golden Star
Better-than-expected gold production and a higher realized price for that material led Golden Star Resources (GSC-T) to record solid earnings during the second quarter.The company earned US$1.6 millio…
Global market shock hits TSE
The report period July 17-23 saw further steep declines on stock markets worldwide, and the Toronto Stock Exchange was no exception. The TSX Composite index lost 534.58 points, or about 8% of value, a…
Moydow waits for Newmont
A July 24th decision by Newmont Mining (NEM-N) regarding the fate of the Ntotoroso gold project in Ghana’s Sefwi gold belt is looming large for equal joint-venture partner Moydow Mines International (…
Omai’s performance improved in 2001
Despite being just a few years from the end of its operating life, Cambior’s (CBJ-T) Omai open-pit gold mine in Guyana managed to turn in a record performance during 2001.The operation achieved its hi…
Scrooge-like meanness grips TSE
EASTERN MARKETLast-minute selling before the Christmas holidays saw the Toronto Stock Exchange 300 index fall 58.17 points over the Dec. 19-20 report period. The benchmark finished the shortened week …
Cambior aims to develop Gross Rosebel
Having largely overcome its financial woes of the past two years, Cambior (CBJ-T) is once again looking for growth opportunities in the gold business.Its first step in this direction will be to develo…
Cambior, Golden Star shuffle properties
A deal with Golden Star Resources (GSC-T) will see Cambior (CBJ-T) take over 100% interests in the Omai gold mine in Guyana and the Gross Rosebel project in Suriname, while the smaller company concent…
Noranda keeps gobbling up Falco shares
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:Agnico-Eagle Mines (AGE-T) — FMR Corp., which must report its trading activ…