People (May 12, 2003)
Compania Minera Antamina — Wendell Pauling appointed president and CEO.Diamonds North — Bruce Kienlen appointed to exploration team.DiamondWorks — Robert Rainey appointed CFO.
Gabriel Resources Limited
Hushovd strengthens grip on Gabriel
In the wake of a tumultuous past few months for Gabriel Resources (GBU-T), characterized by a plummeting share price, management turnover, and a surprising rise in projected costs for its Rosia Montan…
People (April 28, 2003)
America Mineral Fields — Former director Stephen Malouf resigned.Amerigo — Steven Dean and Klaus Zeitler appointed to board of directors; Jeffrey Giesbrecht appointed secretary; Irene Wilson resigne…
Hushovd cleans house at Gabriel
Four key officers of Gabriel Resources (GBU-T) have simultaneously tendered their resignations, all citing “personal reasons” for their decisions.Leaving are: Robin Hickson, president and CEO (who had…
Correction (April 14, 2003)
In 2001, Australian consulting firm GRD Minproc — not Canada’s SNC Lavalin (SNC-T) — prepared two definitive feasibility studies of the Rosia Montana gold-silver project in Romania. The project is h…
Projected costs rise for Gabriel’s Rosia Montana
Investors in Gabriel Resources (GBU-T) received a rude shock in late February as the company announced a US$181-million rise in projected costs for its 80%-owned Rosia Montana gold project in Romania….
Golds rebound, base metals sink with broad market
The S&P-TSX composite index traded in a narrow range over the Jan. 15-21 report period, closing down 70.58 points at 6,740.40.The golds fared better, rising 5.7 points to 193.40. The sub-group got a p…
Resource stocks turn cold in new year
Although still 14% lighter than a year ago, the Toronto Stock Exchange composite index gained a hefty 155.16 points over the Dec. 31-Jan. 7 report period to finish at 6,772.66.Gold nosedived at first,…
Silver producers jostle for investors’ attention
At the Autumn Precious Metals Seminar, held recently in Toronto and co-sponsored by the Silver Institute and Gold Fields Mineral Services, representatives of five North American silver producers gave …
Benchmark’s woes cast shadow over resource sectors
The Oct. 14-20 report period saw the Toronto Stock Exchange plunge to levels not seen in four years as the proposed U.S.-led war on Iraq gained steam and the banking and high-tech sectors issued more …
Gabriel advances Rosia Montana
In Romania, Gabriel Resources (GBU-T) has acquired 71 properties under its plan to resettle the town of Rosia Montana. The acquisitions are designed to clear the way for construction of a new gold min…
TSE Short Positions (August 26, 2002)
Short positions outstanding at August 15, 2002Larger individual positions includeAber Diamond Corporation 301647 down 88375; Agnico-Eagle Mines Ltd. 5573295 down 293714; Atacama Minerals Corp.