Queenstake shares plunge on Jerritt Canyon termination
Shares in Queenstake Resources (QRL-T) plummeted 17 or nearly 45% in early trade in Toronto on April 8 after the c…
News
Candor eyes Mary March (April 08, 2003)
Candor Ventures (CND-V) has signed a letter of intent to acquire a half interest in the promising Mary March massiv…
Trading Summary (April 07, 2003)
The Toronto market followed other world stock markets higher on Monday, partly on the strength of indications that…
Nevada Pacific grabs Limousine Butte
Vancouver Junior Nevada Pacific Gold (NPG-V) has reacquired sole ownership of the Limousine Butte project in Neva…
Soquem inks deal with Quinto
Vancouver — Quinto Technology (QU-V) has signed an agreement with provincially owned Soquem, to establish two 50/5…
Broad market surrenders to war as golds rebound
Shell-shocked investors stripped another 49.49 points off the S&P/TSX composite index over the March 26-April 1 report period as the war in Iraq dragged on. The benchmark finished the period at 6,335….
Junior market follows war trends
Vancouver — Canada’s junior exchange earned back some of last week’s losses as American and British forces moved closer to Baghdad during the week ended April 1. The S&P-TSX Venture Exchange composit…
Inco to redeem preferreds, debentures
Inco (N-T) will spend US$665 million in order to redeem, on May 1, all its outstanding 5.5% convertible Series E preferred shares, plus all of its outstanding 5.75% convertible debentures due in 2004….
Ashton and Soquem size up Renard
Having demonstrated the commercial potential of the Renard group of kimberlitic bodies in north-central Quebec by recovering large diamonds at encouraging grades, Ashton Mining of Canada (ACA-T) and p…
Miramar advances Hope Bay development
Vancouver — As the venerable Con and Giant gold mines, near Yellowkife, N.W.T., inch their way toward depletion, owner Miramar Mining (MAE-T) is turning its attention to the Hope Bay gold project in …
Harmony digs deep at Elandsrand
Johannesburg, South Africa — This country’s third-largest gold producer, Harmony Gold Mining (HMY-N), has embarked on a shaft-deepening project at its Elandsrand mine in the famed Witwatersrand Basin…
Crystallex tallies Las Cristinas reserves (April 07, 2003)
Vancouver — Crystallex International (KRY-T) has tabled a new reserve estimate for the long-stalled Las Cristinas gold project in southeastern Venezuela.An independent study by Reno, Nev.-based Mine …