Goldcorp earnings up on Red Lake production
Goldcorp (G-T) has announced improved third-quarter earnings on higher production and improved gold prices.For the three months ended Sept. 30, the company earned US$10.6 million (or 13 per fully dil…
2001
Noranda keeps gobbling up Falco shares
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:Agnico-Eagle Mines (AGE-T) — FMR Corp., which must report its trading activ…
IMA rewarded in Peru
IMA Exploration (IMR-V) is encouraged by early drill results from a gold-enriched massive sulphide showing on the Rio Tabaconas property in northwestern Peru.The junior recently completed a 30-hole, 1…
Geomaque ups Marathon
Drilling and core sampling by Geomaque Explorations (GEO-T) has upped the resource estimate at the Marathon palladium project in Ontario’s Hemlo camp.The total measured and indicated resource now stan…
Drilling keeps Canadian Zinc bullish at Prairie Creek
Vancouver — Junior Canadian Zinc (CZN-T) remains encouraged by drill results at its wholly owned Prairie Creek zinc-lead-silver property in the Northwest Territories.Recently, the company completed s…
Oliver poised to merge with private company
Vancouver — Oliver Gold (OGO-V) has proposed merging with privately owned Hastings Resource, which holds the rights to the Ona-Puma nickel laterite project, in the northern Brazilian state of Par.H…
Rio drills Cukurdere
Having already exceeded their 2001 drilling budget at the Cukurdere gold project in Turkey, Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-N) have earmarked another $500,000 for follow-up …
Northern Miner Indices (October 29, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Canadian Stock Exchange Indices (October 29, 2001)
DateOct. 23Oct. 22Oct. 19Oct. 18Oct. 17HighLowTSE 3006904.246905.216910.966899.966956.78…
Millennium, PGM join forces at Lac des les
A merger between New Millennium Metals (PGM-V) and Platinum Group Metals (PTG-V) is designed to consolidate the juniors’ land positions in the Lac des les region of northwestern Ontario.The deal, whi…
NAME CHANGES (October 29, 2001)
Fosters Resources (FRE-V) has changed its name to Blue Mountain Resources (BMR-V) on a 1-new-for-4-old-share basis.Totem Mining (TOH-V) has changed its name to Comcorp Ventures…
Gold price stalls development
Gold mining and gold exports play a vital role in many countries in the Asia-Pacific region, but their future economies are threatened by the low international price of the precious metal. Exploration…