Partners sell Hope Bay neighbour
Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) have agreed to sell to Sherwood Petroleum (SWD-V) 11 crown mineral…
2001
Diamondex cuts new kimberlite at Carat
Ongoing drilling by Diamondex Resources (DSP-V) at the Carat property, 350 km northeast of Yellowknife, N.W.T., has…
Trading Summary (April 30, 2001)
The Toronto Stock Exchange fell 20.74 points to 7,946.6 on Monday. Leading the four advancing subindexes was the In…
Stillwater rakes in record profit
Denver — Platinum producer Stillwater Mining (SWC-X) posted record earnings of US$29.4 million (or 75 per share) for the first quarter of 2001, compared with US$6.9 million (18 per share) in the co…
Aurora Gold committed to Mt. Muro mine
Despite its previously announced decision to sell its 85% interest in the Toka Tindung project in Indonesia, Aurora Gold says it will continue to operate the Mt. Muro gold-silver mine, in the same cou…
Cool on global warming
Since the Third Conference of the Parties in Kyoto, Japan, in December 1997, I’ve had a bee in my bonnet about global warming, and your trenchant editorial (T.N.M., April 16-22) certainly set it abuzz…
Conquest expands portfolio
Junior Conquest Resources (YQR-V) has expanded its Zimbabwean gold portfolio by acquiring the Babs and Beehive properties.The US$1.5-million acquisition was financed by $2.6 million worth of convertib…
Canadian Stock Exchange Indices (April 30, 2001)
DateApril 24 April 23April 20April 19April 18HighLowTSE 3007891.677929.808099.44…
Western Copper goes it alone
Vancouver — Western Copper Holding’s (WTC-T) joint-venture partner, Lima, Peru-based Mauricio Hochschild & Cia, has dropped its option to earn a 68% interest in the Penasquito silver-lead-zinc proper…
Royal Standard seeks PGMs
Denver — Royal Standard Minerals (RSM-M) has signed a letter of intent to acquire a half-interest in a platinum-palladium project in far-eastern Russia.The company will pay Geoprospects International…
Drilling enhances Alamo Dorado
Eight holes drilled along strike of the Alamo Dorado gold-silver deposit in Mexico’s Sonora state have confirmed the updip continuity on several sections.The work is part of an initial phase of infill…
CDNX breaks 3,000 mark in brisk trading
Vancouver — Canada’s junior exchange broke the 3,000 mark during the week ended April 24, as all indices posted gains. The Canadian Venture Exchange composite index tacked on 50.17 points, or 1.7%, t…