MOST ACTIVE ISSUES, MAY 16-22
ExchgVol(000s)HighLowCloseChangeKinross GoldT 302251.550.981.39+0.44…
2001
Major funds search for PGMs
Teck (TEK-T) has completed a $250,000 flow-through financing in each of East West Resource (EWR-V) and Canadian Golden Dragon Resources (CGG-V) and reached a deal with the pair to explore eight…
Partners discover third PGM layer at River Valley
Drilling appears to have intersected a third mineralized horizon at the River Valley platinum group metals property in the Sudbury region of Ontario.Toronto-based Mustang Minerals (YMU-V) and its Sout…
McVicar, BHP option Pigeon River (May 28, 2001)
Partners McVicar Minerals (MVR-V) and BHP (BHP-N) have optioned Falconbridge’s (FL-T) Pigeon River copper/nickel/platinum-group-element project, near Thunder Bay, Ont.The property includes 4…
Queenston, Thundermin table study
A positive feasibility study of the Duck Pond copper-zinc project in central Newfoundland means partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) will now be looking for permits and f…
Boliden shuns Bayas deal, will restructure
A restructuring deal that would see Boliden (BOL-T) retire a large part of its corporate debt has hindered the company’s plan to sell its Lomas Bayas copper project in northern Chile.The restructuring…
Pan American Silver aims to double production
Vancouver-based Pan American Silver (PAA-T), as its name suggests, was founded in order to give investors exposure to silver, so it is no surprise that the company’s bottom line suffered when the pric…
Rio Grande grades confirmed
Vancouver — A newly completed 3,200-metre drill program on the Rio Grandeproperty in northwestern Argentina has…
Ghana’s Ashanti stake on the block
The government of Ghana may sell part of its 20% stake in gold minerAshanti Goldfields (ASL-N), plus a handful of…
Falconbridge eyes entire Montcalm deposit
A revised deal between Falconbrige (FL-T) and Finnish minerOutokumpu allows the former to purchase a 100% interes…
NDT drops Antana
Vancouver — The low price of gold has prompted NDT Ventures (NDE-V)to stop exploring the Antana gold property in…
Viceroy faces financial woes
Vancouver — A low gold price and high operating costs continued to wreakhavoc on Viceroy Resources’ (VOY-T) bott…