Cdn Zinc raises funds
Vancouver – Canadian Zinc (CZN-T) has increased the company’s capital and issued additional shares in a private placement.Subsequently, Canadian Zinc’s recent private-placement financing of $6 million…
News
Freeport redeems notes
Freeport-McMoRan Copper & Gold (FCX-N) has eliminated US$180 million in debt through the early conversion of senior notes.In mid-2001, the copper magnate issued US$603.75 million worth of senior conve…
Canadian Stock Exchange Indices (January 19, 2004)
DateJan. 13Jan. 12Jan. 9Jan. 8Jan. 7HighLowTSX Composite8380.34…
Gold without cyanide
The Center for Advanced Mineral and Metallurgical Processing (CAMP) at Montana Tech of the University of Montana has been using nitrogen-species-catalyzed (NSC) pressure leaching followed by an alkali…
Canarc extends New Polaris at depth
Vancouver — Deep drilling at Canarc Resource’s (CCM-T) New Polaris property near Atlin, B.C., has intersected high-grade gold veins at depth.The 3-hole, 5,121-ft. program was designed to test two dee…
Newmont raises Phoenix, inks JV
Ushering in the new year with a bang, Newmont Mining (NEM-N) has begun developing the Phoenix deposit ahead of schedule.Situated in north-central Nevada, Phoenix is now slated to begin production in 2…
Fifteen Years Ago / January 1989
Barrick expands GoldstrikeToronto-based American Barrick Resources is about to embark on one of the most ambitious mine development programs ever undertaken by a Canadian gold producer.Over the next f…
Calcatreu takes shape under Aquiline
Ingenerio Jacobacci, Argentina — Results from ongoing infill drilling have convinced Aquiline Resources (AQI-V) that it will soon outline more than 1 million oz. at its Calcatreu gold-silver project,…
Minefinders advances Dolores (January 19, 2004)
Vancouver — The long-awaited feasibility study for the Dolores gold-silver project in Mexico is closer to completion following a 59,400-metre program of delineation drilling by Minefinders (MFL-T).Th…
Drills to turn at Southern Rio’s 3T’s project
Vancouver — Southern Rio Resources (SNZ-V) is planning a second round of exploration drilling at the 3Ts Project,…
Trading Summary (January 16, 2004)
The S&P/TSX Composite Index gathered 98.32 points to end Friday’s trading session at 8,522.26. The golds and health…
Sur American cuts new gold at Comval
Random sampling of the latest bulk sample from the 1-metre wide Amy vein on Sur American Gold’s (SUR-V) Comval proj…