PEOPLE (June 24, 2002)
Aurado — Roland Khalife, Raja Shaffu and Elie Soueiden appointed directors; David Robinson appointed CEO, Ian Baron appointed COO; Kamal Tamraz appointed CFO.Aurora — Daniel Innes appointed presiden…
News
Exchange Rates (June 24, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 18June 17June 14June 13June 12US$ in C$1.54411.54731.55001.5…
Turquoise Hill rights expire for BHP Billiton
BHP Billiton’s (BHP-N) back-in rights for a 40% stake in Ivanhoe Mines’ (IVN-T) Turquoise Hill project in southern Mongolia have expired.The rights would have become exercisable had BHP identified a p…
Big plans for Peruvian placers
Mineral exploration companies like to get noticed. But a new venture operating out of Las Vegas and largely controlled by southern Ontario interests has gone one better on the usual junior promotion g…
El Sauzal proves bankable
Vancouver — With the US$121-million takeover of Francisco Gold (FGX-V) under way, Reno-based Glamis Gold (GLG-T) is wasting no time advancing the El Sauzal property in Mexico.In mid-June, Francisco s…
Redcorp anticipates green light for Tulsequah Chief
British Columbia’s beleaguered mining industry has had little to cheer about for much of the past decade as exploration dollars dried up and headed south. Advanced-stage development projects have been…
Anglo find propels Aussie explorers
Vancouver — With delineation drilling on the Boyongan prospect outlining what appears to be one of the highest-grade copper-gold porphyry discoveries in recent memory, Australian-listed Greenstone Re…
BM Diamondcorp targets Indonesian alluvials
Seeking success where others have failed, Toronto-based junior BM Diamondcorp (BDI-V) intends to resume mining at the Cempaka alluvial diamond project in Indonesia.Comprising 39 sq. km, the property i…
News – 24-JUN-02
Trading Summary (June 21, 2002)
Toronto stocks ended the week on a sour note with the S&P/TSX Composite Index falling 85.92 points. Just two of the…
Eldorado increases Kisladag resource
Vancouver — After incorporating the results of this year’s drill program Eldorado Gold (ELD-T) has tabled an inter…
Horne sounds force majeure alarm
With workers hitting the picket lines at the Horne copper smelter in Rouyn-Noranda, Quebec, Noranda has declared fo…