River turns to shareholders
Hard-pressed for cash, River Gold Mines (RIV-T) is attempting to raise $5.4 million by issuing just over 31 million rights to its shareholders.Proceeds are earmarked for debt reduction, working capita…
Wesdome Gold Mines Ltd
High River boosts output
In the first half of the year, Toronto-based High River Gold Mines (HRG-T) produced a record amount of gold at lower costs at its 50%-owned New Britannia mine in Manitoba, and at the mines of JCS Bury…
Analyst sees best buys at bottom of food chain
Gold analysts have watched the yellow metal’s sluggish performance for several years now, with some keeping the faith better than others. John Ing of Maison Placements Canada still ranks among the mos…
UK gold auction gives producers a lift
Hammered by poor showings in the industrial products sector, the Toronto Stock Exchange 300 index tumbled 189.63 points over the five trading days to end the July 4-10 period at 7,558.69.Gold dropped …
High River Gold Mines adds to Buryatzoloto stake
Junior gold producer High River Gold Mines (HRG-T) has inked a deal with Japanese gold finance company Jipangu under which the former will increase its holding in Russian gold producer Buryatzoloto to…
River slips deeper in red
Low gold prices and grades combined with higher fuel prices to land River Gold Mines (RIV-T) $1.9 million in the red during the first quarter.The 6-per-share loss compares with a loss of $500,000, or…
Golds make gains as TSE dives
The Toronto Stock Exchange treated investors to another wild ride over the report period March 7-13, as another blue Monday hit the telecom stocks. The TSE 300 composite index sank 205 points on March…
High River Gold sets new production records
A record number of ounces was produced last year at the New Britannia and Buryatzoloto gold mines, reports High River Gold Mines (HRG-T).The New Britannia mine, situated in Snow Lake, Man., and operat…
Western Quebec Mines, Dynacor complete Wesdome IPO
After more than a year of delays, Western Quebec Mines (WQM-T) and Dynacor Mines (DYN-M) have completed their initial public offering of junior explorer Wesdome Gold Mines (WDG-M).Wesdome be…
River Gold finds new vein
Drifting by River Gold Mines (RIV-T) on the 290-metre level of its Eagle River gold mine, near Wawa, Ont., has confirmed a high-grade discovery first indicated by exploration drilling in 1999.The newl…
River Gold turns quarterly profit
Although earnings are down, River Gold Mines (RIV-T) remains in the black.For the three months ended Sept. 30, the junior earned $306,000 on revenue of $9.3 million, compared with $2 million on $9.9 m…
Companies (November 22, 1999)
Archangel DiamondAsarcoAtna Res.Aur Res.Banff Res.Broken Hill Pty.CambiorCampbell Res.Canmine Res.Channel Res.Claude Res.Coeur d’Alene MinesCyprus AmaxDe Beers Cons. MinesDia Met MineralsEcho Bay Mine…