Suppliers Roundup (June 23, 2003)
Dyno Nobel buys explosives firmDyno Nobel of Norway has bought a majority interest in St. Lawrence Explosives (SLE), which is based in up-state New York.The deal comes only weeks after Dyno Nobel agre…
News
Trading Summary (June 20, 2003)
It was a fairly quiet day of trading on June 20, with the broad TSE composite index falling only 12.50, or 0.18%, t…
Falco ponders new Timmins mine
Falconbridge (FL-T) has outlined a positive development plan for itsMontcalm nickel-copper project, situated 70 k…
Freeport-McMoRan to redeem gold-linked preferreds (June 20, 2003)
Freeport-McMoRan Copper & Gold (FCX-N) is proceeding with the forcedredemption, on Aug. 1, 2003, of its gold-deno…
Cumberland exercises warrants totaling $5 million
Vancouver — Cumberland Resources (CBD-T) reports that share purchase warrants originating from a $14.675 million f…
Two more kimberlites found at Churchill
Vancouver — Shear Minerals (SRM-V), Northern Empire Minerals (NEM-V) and BHP Billiton (BHP-N) have discovered two…
Tournigan mobilizes second drill in Northern Ireland
Vancouver — Tournigan Gold (TVC-V) has contracted a second diamond drill rig to commence drilling at the Tyrone pr…
Trading Summary (June 19, 2003)
Spooked by some recent profit warnings, investors sent the Toronto Stock Exchange down 25.01 points to end Thursday…
Queenstake raises $21 million
Vancouver Denver-based Queenstake Resources (QRL-T) has announced a brokered private placement financing worth $2…
South Atlantic busy in Sweden (June 19, 2003)
Vancouver — South Atlantic Ventures’ (SAA-V) 38%-owned subsidiary, North Atlantic Natural Resources, (NAN), has pi…
Great Basin tallies Burnstone’s Area 1
Having sunk more than 20,000 metres of infill drilling on the Burnstone gold project in South Africa, Great Basin G…
McWatters lowers production estimate
Lower-than-expected-grades at its Sigma-Lamaque open-pit operation in Val d’Or, Que., has McWatters Mining (MWA-T)…