AurionGold eyes higher profit, Placer ups its stake
With a bull’s-eye on its chest AurionGold has reported a net profit of A$63.2 million (or 20 per fully diluted sha…
News
Pacific Rim options Cerro Gaspar (August 13, 2002)
Vancouver — Pacific Rim Mining (PMU-V) has inked a deal with Brett Resources (BRN-V) on the Cerro Gaspar project,…
Drills turn at Poste Lemoyne (August 13, 2002)
Equal partners Virginia Gold Mines (VIA-T) and TWG Corp. (GWC-V) have begun a 19-hole drilling campaign on their Po…
Boundary battle heads to arbitration
After a failed takeover attempt, Canadian Royalties (CZZ-V) is headed to arbitration with Ungava Minerals (UNGV-CUB…
Knife fight headed to court
Failing to come to an agreement at the 10-sq.-km Knife project in the north Slave Craton region of Nunavut, De Beer…
$5.2 m set for Fort la Corne
Based on the interim results from the 2001 evaluation program, the partners of the 225-sq.-km Fort la Corne joint…
Trading Summary (August 12, 2002)
Toronto stocks opened the week lower and stayed there on Monday as profit-takers lived up to their name. The golds…
Agnico looking even deeper at LaRonde
Development of the LaRonde gold mine in northwestern Quebec is one of those business stories that just gets better with each passing year.Having completed its 7,350-ft. Penna shaft and expanded from a…
San Martin guides Glamis to profitablity
Led by a strong operational performance at its wholly owned San Martin mine in Honduras, Glamis Gold (GLG-T) turned in some solid numbers for the second quarter of 2002.Gold production from its three …
Barrick drills for gold at Rimfire’s RDN project
Vancouver — Rimfire Minerals (RFM-V) reports that Barrick Gold (ABX-T) has kicked off a 3,000-metre drilling campaign at the RDN project in northwest British Columbia, 40 km northwest of the Eskay Cr…
News – 12-AUG-02 (August 12, 2002)
Minera Andes finds more gold in Argentina
Vancouver — Reconnaissance surface sampling at Minera Andes’ (MAI-V) El Pluma-Cerro Saavedra project in southern Argentina has uncovered new areas of high-grade gold and silver mineralization.The res…