Southern Rio drills 3Ts property
Vancouver — Southern Rio Resources (SNZ-V) has begun drilling at its 3Ts epithermal gold-silver project, 125 km so…
2003
Appalaches Resources extends Turcotte
Trenching by Appalaches Resources (APP-V) on the Mont-de-l’Aigle property on the Gaspe Peninsula, has exposed the r…
Newmont, Rimfire join forces in western Canada
Shares in Vancouver-based Rimfire Minerals (RFM-V) shot up a nickel, or more than 5%, to $1 in early trading on Nov…
Barclays and CIBC to arrange Onca-Puma Financing
Vancouver — Canico Resource (CNI-T) has appointed Barclays Capital and CIBC to arrange project financing for its O…
Miramar takes option on George Lake, Goose Lake (November 18, 2003)
In a deal with major Kinross Gold (K-T), junior producer Miramar Mining (MAE-T) has taken up an option to earn a 60…
Fortune expands zone at Nico (November 17, 2003)
A 13-hole drilling program by Fortune Minerals (FT-T) at the Nico polymetallic deposit in the western Northwest Ter…
First Quantum heads for Chile
African copper producer First Quantum Minerals (FM-T) has inked a deal that will see it take up grass-roots explora…
Shahuindo suit heads to Lima (November 17, 2003)
Peru’s Supreme Court has ruled a lower court judge to be legally incompetent, and has voided a previous decision fa…
Kolwezi deal formalized
America Mineral Fields (AMZ-T) is another step closer to developing the Kolwezi cobalt-copper tailings project in t…
Richmont buys Nfld. properties
The first of a pair of recently inked deals will see Richmont Mines (RIC-T) add to its portfolio in the up residenc…
Trading Summary (November 17, 2003)
Toronto’s gold index slipped just 0.03 of a point to 218.17 despite a US$6.50-per-oz. slide by gold to US$390.80 pe…
Miners stage retreat
After running up in mid-week action, the Dow Jones Industrial Average closed the Nov. 5-11 report period 83.04 points lower at 9,737.79, while the Standard & Poor’s 500 index shed 5.24 points to make …