Yamana closes Brazilian deal
Vancouver Armed with a $55.5 million financing, Spokane-based Yamana Resources (YRI-T) has handed over US$20.9 mi…
2003
Alcan submits formal Pechiney bid to EU
Alcan (AL-T) has formally submitted its 3.4-billion-euro bid for French rival Pechiney with the European Commission…
LME Warehouse Levels (August 18, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 12 (change from Aug. 5 in brackets):MetalStock(tonnes)ChangeAluminium1319175(+12…
Infill drilling positive at Meadowbank (August 18, 2003)
Cumberland Resources (CBD-T) has finished the first phase of infill drilling at the Vault and Portage gold deposits, part of the Meadowbank property in Nunavut, and the results confirm earlier resourc…
Canadian Stock Exchange Indices (August 18, 2003)
DateAug. 12Aug. 11Aug. 8Aug. 7Aug. 6HighLowTSX Composite7354.027251.967317.817180.27…
Canico expands Ona-Puma project
Canico Resource (CNI-T) has dramatically boosted the inferred resource estimate for its Ona and Puma nickel laterite deposits in Brazil’s Para state.Based on a cutoff grade of 1.5% nickel over a mini…
Obituary: Robert William Boyle
Robert William Boyle, a renowned geochemist, author, lecturer, and member of the Canadian Mining Hall of Fame, has died. He was 83.Boyle was born on a farm near Wallaceburg, a small town in southweste…
Castleworth drills Pan gold project
Vancouver — The first drill results from an ongoing program indicate an expansion of the resource at the Pan gold project in Nevada.Castleworth Ventures (WTH-V) has intersected encouraging values in …
PNWC bullish at River Valley
Vancouver — Harry Barr-led Pacific North West Capital (PFN-T) has tabled further encouraging drill results from its River Valley platinum group metal property, 60 km northeast of Sudbury, Ont.The pro…
Exchange Rates (August 18, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 12Aug. 11Aug. 8Aug. 7Aug. 6US$ in C$1.38521.38351.39351.3932…
Sur eyes gold in Phillipines
Hoping to outline a bulk-minable gold deposit, Sur American Gold (SUR-V) is sampling a large epithermal system in the Eastern Mindanao mineral belt of the Philippines.Batoto sits at the southern end o…
Junior exchange moves up with bullion
Vancouver — Canada’s junior exchange ended the trading week Aug. 6-12 on an up-note as the price of bullion moved higher. The S&P-TSX Venture Exchange composite index gained 12.13 points, or 1% of va…