TSE finds footing before closing bell
Despite some teeter-tottering, and no thanks to the golds, the Toronto Stock Exchange composite index ended the Sept. 10-16 period 28.98 points ahead at 7,625.37.Precious metal prices were down across…
Teck Resources Limited
Wheaton River takes out Miranda (September 15, 2003)
Vancouver — Wheaton River Minerals (WRM-T) is continuing its strategy of growth through acquisition by inking deals with Teck Cominco (TEK-T) and Miranda Mining (MRM-V) to acquire the Los Filo…
Noranda tackles its enormous debt
Having spent the last two years fine-tuning its operations, Noranda (NRD-T) has begun trimming its debt-loaded balance sheet.In 2002, Noranda saw its total consolidated debt (excluding short-term bank…
Gold stocks soar with bullion
The precious metals enjoyed across-the-board gains during the Sept. 3-9 report period. Gold jumped US$12.25 to end at US$382.25 per oz. sending the Toronto Stock Exchange’s gold subindex soaring 8.1 p…
First Narrows busy in New Brunswick
After topping up its coffers with a recent $829,000 financing, First Narrows Resources (UNO-V) has focused its efforts on exploring its three New Brunswick properties — Chester, Middle River and Gold…
Roca Mines drill-tests BC prospect
Bob Quinn, B.C. — With the drilling season winding down in in the mountainous Iskut district of northwestern British Columbia, newly minted Roca Mines (ROK-V) is wasting no time in testing for gold-r…
Odyssey renews Altintepe drilling (August 11, 2003)
Odyssey Resources (ODX-V) has resumed drilling at the Altintepe gold project in north-central Turkey.The current work is focused on the Seyliktepe and Karakis areas, where 500-700 metres are planned. …
El Callao district abuzz with activity
El Callao, Venezuela — It’s a story that would make a Goldcorp shareholder nod and smile in recognition: workers at a tired, high-cost underground gold mine in a historic gold camp drill into a new z…
Tax gain boosts Teck Cominco in Q2
Vancouver — Despite the negative effect of the rising Canadian dollar, the world’s largest zinc producer saw its second-quarter profits rise as a result of a tax gain.Teck Cominco (TEK-T) earned $12 …
Atna adopts mostly-gold strategy
Elko, Nev. — After years of trying to develop a string of base metal projects, Atna Resources (ATN-T) has reinvented itself as a gold explorer in Nevada’s Carlin trend.The company had tried to fund e…
Diamonds North targets Victoria Island (July 28, 2003)
Diamonds North Resources (DDN-V) has returned to Victoria Island in Nunavut, hoping to build on last year’s diamond exploration program, in which 11 kimberlite bodies and showings were found.This year…
Expatriate eyes Wolverine-Logan combo
Vancouver — In 2001 Expatriate Resources (exr-v) halted a 2-year effort to develop Teck Cominco’s (TEK-T) Kudz Ze Kayah deposit in the Yukon in combination with its 60%-owned Wolverine base metal fin…