Trading Summary (August 27, 2002)
A US$2.90-per.-oz. rise in the price of gold to US$312.40 in New York sent Toronto gold stocks soaring on Tuesday.
News
SouthernEra takes Messina to the bank (August 27, 2002)
A bankable feasibility study of the Phase 2 project on the Doornvlei property at the Messina platinum group metals…
Disputada legal dispute heats up (August 27, 2002)
Vancouver — US oil giant ExxonMobil (XOM-N) has filed a civil suit against Chile’s state mineral company Enami, mo…
Namco’s diamond production provides a glimmer
With all four of its vessels afloat, Namibian Minerals (NMR-T) enjoyed increased production during the three months…
Trading Summary (August 26, 2002)
A 4.74% rise in the gold stocks powered Toronto stocks to a 6.07-point or 1.48% gain on Monday. The S&P/TSX Composi…
Geomaque extends hand to the market
Cash-strapped Geomaque Explorations (GEO-T) will attempt to raise $1.5 million by privately placing 22.2 million tr…
Seabee grades dog Claude (August 26, 2002)
Still struggling through lower grade ore from the D zone at the Seabee gold mine in Saskatchewan, Claude Resources…
Rietfontein yields broad low-grade nickel (August 26, 2002)
Vancouver -The first two holes drilled by Robert Friedland-led African Minerals into the westerns side of Anooraq R…
BeMaX eyes consolidated Pooncarie
Australian-based BeMaX Resources has agreed to buy Sons of Gwalia’s (SGW) 25% stake in the BIP joint venture, which…
PFN kicks off Agnew drill program
Vancouver — Pacific North West Capital (PFN-V) has begun diamond drilling at its Agnew Lake platinum group metal (PGM) property, near Sudbury, Ont.The company is earning a half-interest in the proper…
Noranda nixes Montana silver project
Faced with slumping metal prices, Noranda (NRD-T) has decided to discontinue work at at the Montanore copper-silver project in northwestern Montana after an updated feasibility study deemed the projec…
Axmin outlines resource at Kofi SW
African gold explorer Axmin (AXM-V), fresh from recent discoveries in the Central African Republic, has put a resource number to one of its prospects in Mali.Reverse-circulation drilling earlier this …