Silver stocks take flight
With silver spot prices soaring US20, to US$5.86 per lb., all the U.S.-listed silver stocks enjoyed strong gains during the 4-day period ended Dec. 29.Leading the way was Idaho-based Coeur d’Alene Mi…
Wheaton River Minerals Ltd
Base metal miners shine
While gold producers enjoyed the limelight in early December, it was the base metal miners that powered forward during the 4-day period ended Dec. 22 as the S&P/TSX Metals and Mining index rocketed 12…
Glencairn advances Bellavista
Glencairn Gold (GGG-T) has begun building its Bellavista gold mine in Costa Rica.Under the supervision of contractor Sococo de Costa Rica, the first phase of construction will include roadwork, instal…
Price squeeze has base metal issues jumping
Toronto equities were little-changed over the report period Dec. 3-9, a modest gain of 48.34 points putting the TSX Composite index at 7,975.94. The base metal and gold stocks headed in opposite direc…
Gold breaks barrier as silver, nickel soar
A strong rally sent gold US$9.55 higher over the five trading days to a London morning fix of US$401.05 per oz. on Dec. 2. It’s the first time the yellow metal has surpassed the psychological barrier …
Miramar takes option on George Lake, Goose Lake (November 24, 2003)
In a deal with major Kinross Gold (K-T), junior producer Miramar Mining (MAE-T) has taken up an option to earn a 60% interest in the George Lake and Goose Lake gold properties in Nunavut.The basic ear…
Gold outshines the TSX
The Toronto Stock Exchange’s gold index mirrored the yellow metal’s performance during the Nov. 12-18 report period, ending with a surge to sit 9.01 points higher at a new year-high mark of 226.70.Gol…
Wheaton concludes Los Filos acquisition
Wheaton River Minerals (WRM-T) has taken full control of the Los Filos gold project in Mexico’s Guerrero state, putting it on-track to increase annual gold-equivalent production by 40%.In late October…
Canarc busy at Benzdorp
Vancouver — With $3 million in its coffers, Canarc Resource (CCM-T) is gearing up for a phase-2 drill program at its Benzdorp property in Suriname, South America.The cash infusion comes from a privat…
Wheaton River cashes-up
Looking to continue its recent shopping spree, Wheaton River Minerals (WRM-T) has arranged its second $100-million equity financing in a month by lining up a group of underwriters led by Griffiths McB…
Glencairn, Black Hawk ink merger deal
Vancouver — Glencairn Gold (GLJ-V) and Black Hawk Mining (BHK-T) have signed a merger agreement.Black Hawk’s shareholders will vote on the deal at a meeting scheduled for early October. The company’s…
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…