Sidace yields more gold
Vancouver The initial results from a newly completed 2,150 metre program over the Sidace Lake property in the Red…
2003
Ursa Major sizes up Shakespeare find
Ursa Major Minerals (UMJ-V) has tabled an initial resource estimate for the recently discovered, near-surface nicke…
Inmet adds to Cayeli portfolio
A deal between the Turkish subsidiaries of two Canadian companies paves the way for Inmet Mining (IMN-T) to acquire…
Trading Summary (July 21, 2003)
A US$4.05-per-oz. gain by gold to US$351.10 per oz. in New York pushed Toronto Gold index 4.65 points, or 2.8%, hig…
Bambari drilling turns up gold at depth (July 21, 2003)
Recent drilling by Axmin (AXM-V) at the Bambari property in the Central African Republic has confirmed mineralizati…
Falco boosted by higher nickel prices, tax cut
Higher nickel prices and a one-time $12-million tax recovery owing to changes in federal resource taxes helped Falc…
Drill turns at Gibraltar
Vancouver — Taseko Mines has launched a 2,600 metre exploration drill program over its past producing Gibraltar co…
Junior exchange sings summertime blues (July 21, 2003)
Canada’s junior exchange retreated somewhat during the report period ended July 15 as the price of bullion lost some lustre. The S&P-TSX Venture Exchange composite index shed 9.88 points, or 0.88%, to…
Convict admits to bombing Giant mine
Roger Warren, the man convicted of murder after an explosion at the Giant gold mine in Yellowknife, N.W.T., killed nine people in 1992, has admitted he acted alone and did not intend to kill anyone.Wa…
Exchange Rates (July 21, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 15July 14July 11July 10July 9US$ in C$1.39291.37391.37611.38…
WMC exits Canada
One of the most significant deals of the report period was the agreement to merge WMC Resources’ Canadian subsidiary WMC International with Canadian junior gold explorer Comaplex Minerals.Comaplex wil…
Daily Metal Prices (July 21, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 15July 14July 11July 10July 9Al Alloy1385/1385…