War Eagle grabs Pike gold project
Vancouver — War Eagle Mining (WEM-V) has inked a deal with Strategic Metals to earn a 70% interest in the Pike Mineral gold property in the Yukon.In exchange for the interest, War Eagle must issue 15…
News
Record output lifts Rio Narcea
Rio Narcea Gold Mines (RNG-T) produced a record 61,674 oz. gold at its El Valle mine in Spain during the three months ended June 30, as it mined higher grades in the Charnela zone.Cash costs rang in a…
Pan Am, Corner Bay merger goes ahead
Pan American Silver (PAA-T) shareholders have voted overwhelmingly in favour of the company’s proposed merger with Corner Bay Silver (BAY-T).Under a revised deal, each Corner Bay share will be convert…
Semafo extends Wona (September 16, 2002)
Reverse circulation drilling by Montreal-based Semafo (SMF-T) has extended the Wona zone, on its Mana gold property in Burkina Faso, West Africa, another 400 metres to the northeast.During July, Semaf…
Hecla gets El Callao deal
After nearly a half year of negotiations, Hecla Mining (HL-N) and Venezuelan state enterprise Corporacion Venezolana de Guayana (CVG) have finalized their leasing agreement on Block B in Venezuela’s v…
Trading Summary (September 13, 2002)
The Toronto Stock Exchange ended the week with a 21.71-point loss coming in at 6,495.26 points on Friday. The energ…
Manhattan tables Tambo Grande plan
Manhatten Minerals (MAN-T) has released results of an independent feasibility study on its Tambo Grande property in…
Magistral nears production (September 13, 2002)
With about 20,000 tonnes of crushed ore stacked on the leach pad, equal partners Queenstake Resources (QRL-T) and p…
Queenston cuts new gold at Kirkland Lake
Two of the first three holes in Queenston Mining’s (QMI-T) 22-hole, 12,000-metre diamond drilling program have cut…
Trading Summary (September 12, 2002)
Toronto’s gold stocks jumped 8.03 points or nearly 4.1% to 205.18 points on Thursday as the yellow metal tacked on…
Inco, USWA reach tentative deal at Thompson
Inco (N-T) and members of the United Steelworkers of America have reached a tentative deal at the nickel miner’s pr…
Anaconda tables debt plan
Aussie laterite nickel miner Anaconda Nickel has reached a deal that will see its secured creditors receive US$190…