GREATEST VALUE TRADED, SEPTEMBER 4-10
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N55268229.9327.9028.46-0.61…
2002
NAME CHANGES (September 16, 2002)
Cosworth Minerals (CWM-V) has changed its name to Palcan Fuel Cells (PC-V) on a 1-new-for-1-old-share basis.Consolidated Topper Gold (TOP-V) has changed its name to Topper Resources…
Ariane begins drilling in French Guiana
A newly formed company called Ariane Gold, led by the former management of Hope Bay Gold, has raised $29.5 million for gold exploration in French Guiana through a special warrant financing and a share…
Drill turning at Holly Gold
Joint-venture partners Radius Explorations (RDU-V) and Lalo Ventures (LAL-V) intend to test at least six targets with a minimum of 1,000 metres of drilling at the Holly Gold prospect in eastern Guatem…
Diamond Fields takes Trans Hex to court (September 16, 2002)
Diamond Fields International (DFI-T) has filed a claim with the High Court of South Africa seeking US$19.5 million in damages from its former partner, Trans Hex Group.On July 1, the South African mine…
Exchange Rates (September 16, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 10Sept. 9Sept. 6Sept. 5Sept. 4US$ in C$1.57201.56561.56341.
Tagish posts more results from Skukum
Vancouver — Tagish Lake Gold (TLG-V) has tabled additional results from underground diamond drilling on the Rainbow zone at its Skukum Creek property, 80 km south of Whitehorse, Y.T.To date, 11 holes…
Obituary: Richard Geren
Richard Geren, largely responsible for the development of the iron ore industry in the Schefferville region of Quebec in the 1950s, has died. He was 85.After graduating from Ohio State University with…
Japan considers coal import tax
Japan, one of the world’s largest coal importers, is proposing a tax on coal imports designed to encourage the country’s steel industry and power utilities to move towards “greener” fuels such as natu…
Record output lifts Rio Narcea
Rio Narcea Gold Mines (RNG-T) produced a record 61,674 oz. gold at its El Valle mine in Spain during the three months ended June 30, as it mined higher grades in the Charnela zone.Cash costs rang in a…
Pan Am, Corner Bay merger goes ahead
Pan American Silver (PAA-T) shareholders have voted overwhelmingly in favour of the company’s proposed merger with Corner Bay Silver (BAY-T).Under a revised deal, each Corner Bay share will be convert…
Semafo extends Wona (September 16, 2002)
Reverse circulation drilling by Montreal-based Semafo (SMF-T) has extended the Wona zone, on its Mana gold property in Burkina Faso, West Africa, another 400 metres to the northeast.During July, Semaf…