Aurizon turns to Casa Berardi for growth
Aurizon Mines (ARZ-T) continued to pile up losses during 2001 as it wound down existing operations and turned its attention to developing the promising Casa Berardi project in nortwestern Quebec.For 2…
TVX Gold Inc
eResearch looks at junior golds
In their inaugural Junior Gold Quarterly, mining analysts Bruce Reid and Don Poirier of Toronto-based Independent Equity Research (eResearch) have found good value in six North American gold juniors.T…
Learning from Musselwhite
The Musselwhite gold deposit in northwestern Ontario is on land belonging to First Nations. Dealing with the development concerns of First Nations created an additional challenge for Placer Dome beyon…
Aurizon raises $5 million for Casa Berardi work
Aurizon Mines (ARZ-T) has arranged an offering that will raise $5 million for exploration work at the Casa Berardi gold deposit, 95 km north of La Sarre in northwestern Quebec.The offering, being made…
Resource stocks rally with higher Metal Prices
Buoyed partly by stronger resource stocks, the Toronto Stock Exchange 300 index ascended 136.7 points over the holiday-shortened March 27-April 2 report period to finish the week at 7,893.39.Gold soar…
Resource stocks rise with the rest of market
The bulls charged ahead during the March 6-12 report period, pushing the Toronto Stock Exchange 300 index up 280.02 points to 7,866.14. Even the precious metals and base metals sub-groups were up over…
TVX learns ABCs of Greek law
Greece’s highest administrative court, the Conseil d’Etat, has stripped TVX Gold (TVX-T) of its right to develop the Olympias project as was envisaged in a 2000 feasibility study.Olympias, with reserv…
Blow to TVX in Greece casts pall over market
The final day of the Feb. 27-March 5 report period saw the Bank of England dump another 643,200 oz. gold on the open market. The bank’s latest auction fetched US$296.50 for every ounce sold and was 3….
Hushovd’s exit fuels speculation over Falco’s future
The biggest surprise of the Feb. 20-26 report period was the sudden departure of long-time Falconbridge president and CEO Oyvind Hushovd, which apparently was related to a conflict with the management…
High River posts record production (February 11, 2002)
During 2001, High River Gold Mines (HRG-T) produced a record amount of gold from its 50%-owned New Britannia mine in Manitoba and from the mines of Buryatzoloto, a Russian company in which High River …
2001 deals out the pain
Some are comparing 2001 with the first half of the 1980s, the last time metal prices were so bad. Others are comparing it with the depression after the crash of 1929. And so far, nobody has compared i…
Gold explorers jump back to life
Buyers managed to overtake sellers over the Dec. 12-18 report period to push the Toronto Stock Exchange 300 index up 54.84 points to 7,586.47.Gold surged ahead $5.65 in London markets to land at a mor…