Cameco closes debentures sale (July 23, 2001)
Cameco (CCO-T), the world’s largest uranium supplier, has completed the sale of $50 million worth of Series B 7% debentures, which are due July 6, 2006.The debentures have received a rating of A (low)…
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Golden Star granted licence
Denver — Ghana’s Ministry of Lands, Forests and Mines has granted a mining lease to Golden Star Resources (GSC-T) for the Prestea property.The Denver-based junior has the right to mine surface minera…
MOST ACTIVE ISSUES, JULY 11-17
ExchgVol(000s)HighLowCloseChangeAlcoa*N1760841.8538.4639.39-0.11…
Placer reels in Pueblo Viejo, reels out Las Cristinas
The government of the Dominican Republic has awarded Placer Dome (PDG-T) the right to negotiate an agreement to develop the Pueblo Viejo gold-silver project into a modern, large-scale mine.Despite exp…
Resource estimate under way at River Valley (July 23, 2001)
Having sunk an additional 16,000 metres, Pacific North West Capital (PFN-T) is proceeding with an independent resource estimate of the Dana Lake zone at the River Valley project in northern Ontario.De…
Crank up the guilt machine Line up the yellow pads
Almost every ancient civilization had rulers and mystics who claimed a direct link to deities ruling heaven and earth. But when droughts, floods, pestilence and other calamities came along, they blame…
LME Warehouse Levels (July 23, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 17/01 (change from July 10 in brackets):Metalstock (tonnes)ChangeAluminium621825…
Black Swan executive trims stock holdings
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Black Swan Resources (BSW-T) — Kenneth Judge, director and owner of more …
GREATEST VALUE TRADED, JULY 11-17
ExchgVal($000s)HighLowCloseChangeAlcoa*N69359541.8538.4639.39-0.11…
Gold formed from colliding stars
Where does gold come from?The most abundant elements found in nature, such as oxygen and carbon, are seen throughout the universe, the products of exploding stars known as supernovas. Scientists agree…
Partners pull more gold at Madrid
Drilling at the Naartok gold deposit, east of Bathurst Inlet in Nunavut, has returned more mineralized intersections for partners Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T).Seven drill holes at …
Halmahera put on the shelf
Vancouver — Political uncertainty in Indonesia has come home to roost for prospective nickel laterite miner, Weda…