Minefinders tests targets
Vancouver — Minefinders (MFL-T) has identified two new gold targets within, and peripheral to, the Malacate caldera system in northern Sonora state, Mexico.Exploration has focused on a 65-sq.-km area…
2001
Spot Prices Wed. MAY 9, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$265.20+$0.20Silver$ 4.32-$0.07Platinum$604.00+$…
Noranda reworks Lomas Bayas deal with Falco
The biggest news among Canada’s base metal producers over the May 2-8 report period was the revelation by Noranda that it is shuffling off its stake in the proposed purchase of the Lomas Bayas open-pi…
Round three under way at Marlin
Vancouver — Armed with new trench results, junior Francisco Gold (FGX-V) has launched a third round of drilling ov…
West zone expanded
Vancouver — The first hole of this year’s drill program by Starfield Resources (SRU-V) has expanded the West zone…
Ashton Canada put on the block
Vancouver — Having acquired the Australian diamond assets of Ashton Mining, diversified mining giant Rio Tinto (RT…
Golden Peaks tables V-1 results
Vancouver — A five-hole drill program, targeting the Vallecito vein on the Sierra de las Minas gold project in nor…
Convertible notes continue to dog TVX
TVX Gold (TVX-T) earned US$3.7 million in the first three months of 2001, but adjustments to the company’s gold-lin…
Red Lake powers Goldcorp
With better-than-expected production from the Red Lake mine in northwestern Ontario, Goldcorp (G-T) has posted firs…
IMS to work Brazilian Resources’ Sabara project
Brazilian Resources (YBZ-V) and IMS Empreendimentos have agreed to enter a joint venture to develop small and mediu…
Trading Summary (May 11, 2001)
The Toronto Stock Exchange fell 97.78 points to close at 8,023.7 points on Friday. Investors sent the TSE down in l…
Tan Range boosts GHR
Vancouver — The latest round of drilling by Tan Range Exploration (TNX-V) on the Itetemia gold property in Tanzani…