News

Flight to gold drives junior market

Summer doldrums appear to be ending for TSX-Venture junior miners. The S&P-TSX Venture Exchange composite index closed at 1524.79, up 17.5 points over the trading period Aug. 25-31. Daily volumes have also seen awakenings, with well over 20 millio…



Wheaton tops up till

Wheaton River Minerals (WRM-T) has arranged a US$300-million acquisition facility with HVB Group, Germany’s second-largest private bank, to finance up to three separate acquisitions. The 15-month facility can be used to acquire…



Alcoa shines in U.S.

U.S. stock markets rose slightly over the period Aug. 25-31. The S&P 500 index was up eight points, or 0.73%, and the Dow Jones Industrial Average gained 0.74%, or 75.29 points, to close at 10,173.92 points.


Cons. Minerals posts record profit

Consolidated Minerals earned a record A$25.1 million in 2003, so it was only fitting the company was honoured at the recent Diggers & Dealers conference in Kalgoorlie, Western Australia.


Apollo Gold advances Black Fox

Vancouver — Drill results from the Black Fox project, near Matheson, Ont., continue to augur well for Apollo Gold (APG-T).


Calais a lucky find for Agincourt

Continuous production requires continuous re-invention . . . not to mention, just occasionally, stumbling across a massive new orebody.


Burnstone’s Area 1 under study

Vancouver — Great Basin Gold (GBG-T) has started a prefeasibility study of Area 1 of its Burnstone property in South Africa.


More gold, copper at Varvarinskoye

European Minerals (EPM.U-T) has completed infill drilling on the periphery of proposed open pits at its Varvarinskoye project, 130 km southwest of Kustanai in northern Kazakhstan.


Insider Trading (September 06, 2004)

The following insider trading transactions were reported by the Ontario Securities Commission in the August 2004 issue of the OSC Bulletin:…


Canadian Arrow hits more Kelex nickel

Vancouver — Drilling by Canadian Arrow Mines (CRO-V) on its Alexo project, 45 km northeast of Timmins, Ont., has encountered intersected significant nickel sulphide mineralization.


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