Trading Summary (December 31, 2002)
Toronto’s gold stocks added 1.92 points or 0.97% to their value as the yellow metal climbed US$3.90 to US$347.50 pe…
2002
Vista Gold eyes US$3.4 M
Littleton, Colorado-based Vista Gold (VGZ-T) has laid plans for a private placement of 1.4 million special warrants…
Apollo raises $14.4 million
One more sign that things are picking up in the gold business: Apollo Gold (APG-T) has completed a private placemen…
Axmin closes financing (December 31, 2002)
Junior gold explorer Axmin (AXM-V) has closed a non-brokered private placement of 4.2 million units priced at 30 a…
Silver Standard finds new zone at Bowdens
A new lens of lead-zinc-silver mineralization has turned up in drilling at the Bowdens property in New South Wales,…
Trading Summary (December 30, 2002)
Toronto’s gold stocks shed 5.18 points or 2.54% of value as the yellow metal retreated US$5.30 to US$343.60 per oz.
Provenor grabs stake in Fenelon extension
Montreal-based Provenor Inc. (PVN-V) has inked a deal to take a 51% interest in three claim blocks, covering about…
Kirkland Lake raises Macassa cash
Kirkland Lake Gold (KGI-V) (formerly Foxpoint Resources) has raised more than $4.7 million via a private placement…
BHP unloads CVRD stake (December 30, 2002)
Vancouver – Seeing little strategic value in holding on to its stake in iron ore producer Companhia Vale do Rio Doc…
Daily Metal Prices (December 30, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 23Dec. 20Dec. 19Dec. 18Al Alloy1345/13301340/1…
The Northern Miner — Small Producers Index (December 30, 2002)
83.40 (-0.57)(Sept. 30/98 = 100)…
Higher gold price adds Christmas cheer
The S&P-TSX composite slipped 60.9 points over the holiday-shortened Dec. 18-20 report period, partly because of a weakened gold group. The index finished at 6,560.62.Gold ascended US$6.25 in overseas…