Russian subsidiary powers High River
High River Gold Mines’ (HRG-T) attributable gold production grew by more than 43,000 oz. in 2002, thanks to an increased stake in its Russian subsidiary, Buryatzoloto.High River boosted its position i…
Wesdome Gold Mines Ltd
Harmony grabs Jipangu’s High River stake
Harmony Gold Mining (HGMCY-Q), South Africa’s third-largest producer of the yellow metal, has agreed to acquire more than 17 million shares of Toronto-based High River Gold Mines (HRG-T) from Jipangu,…
Fording courts suitors to thwart Sherritt takeover
The Toronto Stock Exchange Composite Index slipped 70.37 points to end the Nov. 6-12 report period at 6,329.27.The TSE’s gold index was up 5.39 points, partly on the back of a US$5.70-gain in the pric…
Siberian mines power High River Gold in 2002
Toronto-based High River Gold Mines (HRG-T) saw its revenues more than triple during the first half of the year as it began consolidating operating results from the Russian gold-mining company OJSC Bu…
MacDonald exec takes a loss
Recent insider trading transactions reported by the Ontario Securities Commission include the following:n Aur Resources (AUR-T) — Jorge Carey, director, bought 44,500 shares indirectly at US$2.15 or …
River Gold’s cash flow swells (September 02, 2002)
Despite lower production, River Gold Mines (RIV-T) posted a small profit of $105,957 (or nil per share) for the three months ended June 30.That compares with earnings of $739,150 (2 per share) in the…
Russian gold raises High River (August 19, 2002)
Near-record production from the 50%-owned New Britannia mine in Manitoba, combined with an increased stake in Russian gold miner Buryatzoloto, propelled High River Gold Mines (HRG-T) to a second-quart…
High River eyes more Russian gold
High River Gold Mines (HRG-T) has inked a deal to acquire the Berezitovoye project in the Amur region of southern Siberia, from a Russian company, Khaikta Ltd.Under the deal, High River will issue Kha…
High River boosts Taparko stake (July 08, 2002)
High River Gold Mines (HRG-T) has exercised its option and picked up an additional 18.5% interest in the advanced Taparko project in Burkina Faso, West Africa, from Queenstake Resources (QRL-T).In ret…
Latest corporate downfall ignites investor revolt
As pessimism in multinational conglomerates stretched across the Atlantic, the Toronto Stock Exchange S&P/TSX plunged 107.41 points over the holiday-shortened June 26-July 2 report period, ending the …
River strikes deal for Edwards
Strike Minerals (YKS-T) has agreed to acquire the mothballed Edwards mine in Algoma, Ont.Strike paid $20,000 on signing the deal and must issue 500,000 shares to River Gold Mines (RIV-T) plus 500,000 …
TSE Rights and Warrants
Dundee Precious Metals — Wt buys C1 A sh @ $25.00 to Feb 20/04.Franco Nevada — Wt buys 4 sh @ $200.00 to Sep 15/03.Goldcorp — Wt buys C1 A sh @ $20.00 to May 13/09.Inco Lt…