Gold majors sink as bullion retreats
As gold slipped back below US$320 per oz., the major U.S.-listed gold companies all saw steep selloffs during the period ended June 11: Newmont Mining plummeted $2.56 to US$29; AngloGold fell back $3….
News
Diagem merges with EAG
Shareholders of Diagem International Resource (DGM-V) and Emerging Africa Gold (YEG-V) have agreed to merge the companies, creating a stronger, junior explorer focused on diamonds.Shareholders of Emer…
Trading Summary (June 14, 2002)
The gold index was the star of the show on the Toronto Stock Exchange on Friday climbing 10.35 points or 5.4% to 20…
New Renard pipes yield diamonds
All four new kimberlite bodies (Renard 3 through 6) drill tested by Ashton Mining of Canada (ACA-T) and Soquem have…
Vannessa confirms Crucitas rights, Glencair nixes Bellavista deal
Vannessa Ventures (VVV-T) has confirmed that the government of Costa Rica will honour the company’s existing rights…
Northern Dynasty cuts porphyry in Alaska
Vancouver — Northern Dynasty Minerals (NDM-V) reports that it has discovered new porphyry-style copper mineralizat…
Cameco joins Altius in Nfld.
Vancouver — Cameco (CCO-T) has inked a deal with Altius Minerals (ALS-V) for an option to earn a 65% of Altius’ 14…
Trading Summary (June 13, 2002)
The technology stocks helped the Toronto Stock Exchange to a 1% loss on Thursday. The Information Technology subind…
Fort a La Corne coughs up more macrodiamonds
Vancouver — Kensington Resources (KRT-T) has tabled encouraging macrodiamond recovery results from the 2001 drilli…
Greenstone adds Siana, sells Ravensthorpe
Perth-based Greenstone Resources has inked a deal to acquire an 80% interest in the Siana gold project in the Surig…
St Andrew grabs a third of United Tex-Sol
Junior St Andrew Goldfields (SAS-T) has acquired a 33% stake in United Tex-Sol Mines (UTX.a-V). In exchange for…
Alcan to boost Kitimat production
With an improved outlook for water levels in B.C.’s Nechako reservoir and for aluminum prices, Alcan (AL-T) says it…