Drilling Commences at the RDN
Vancouver — Rimfire Minerals (RFM-V) reports that Barrick Gold (ABX-T) has kicked off a 3,000 metre drilling campa…
2002
Placer Dome clears a late hurdle, extends bid
With about 21% of AurionGold’s shares tendered to its cash-sweetened bid late on August 6, unrequited suitor Placer…
Partners cut more kimberlite at Tichegami (August 07, 2002)
Drilling by Pure Gold Minerals (PUG-T) has cut a second kimberlite body on the Tichegami project in Quebec’s Otish…
Teck Cominco joins Freewest at Lizar
Freewest Resources (FWR-T) has granted Teck Cominco (TEK-T) an option to earn up to a 65% stake in the Lizar gold p…
Minera Andes finds more gold-silver mineralization
Vancouver — Recent reconnaissance surface sampling on four parallel quartz vein systems has resulted in the discov…
Higher production, earnings for Golden Star
Better-than-expected gold production and a higher realized price for that production led Golden Star Resources (GSC…
Partners hit the mark with first Hadley hole
Partners Canabrava Diamond (CNB-V) and Diamonds North Resources (DDN-V) have cut kimberlite on their first hole on…
AurionGold fires parting shot as deadline looms
Placer Dome (PDG-T) has lowered the broker inducement fee it will pay in relation to its bid for all of the shares…
Trading Summary (August 06, 2002)
The gold issues led the S&P/TSX Composite Index 17.31 points lower to 6,519.16 points on Tuesday. The move brought…
Wayside hits more gold (August 05, 2002)
Vancouver — With the latest drill results from the northwestern extension of the Bonanza Ledge prospect showing little gold, International Wayside Gold Mines (IWA-V) has remobilized its rig to the or…
Daily Metal Prices (August 05, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 30July 29July 26July 25July 24Al Alloy1295/128…
Equities bounce back at gold’s expense
The widespread rally in the global stock markets, which started on July 25, pulled the Toronto Stock Exchange TSX Composite index up 350.1 points in the report period July 24-30. The index closed at 6…