Olympus cuts ore-grade skarn in Khe Rin area (July 31, 2002)
Vancouver — Olympus Pacific Minerals (OYM-V) has intersected ore-grade gold mineralization while drilling in the c…
2002
Trading Summary (July 30, 2002)
After beginning the session lower Toronto stocks gained steam during the day and managed to end the day in the blac…
AngloGold consolidates Cerro Vanguardia
South African gold giant AngloGold (AU-N) has doubled to 92.5% its stake in the Cerro Vanguardia gold mine in Santa…
Penasquito continuity confirmed (July 30, 2002)
Vancouver — The latest assay results from a recently completed 6,900 metre drill program over the Penasquito base…
Sherritt’s quarter coal-fired
Higher realized nickel and oil prices have helped Sherritt International (S-T) to improved second-quarter net earni…
Placer adds cash sweetener to Aurion bid
Vancouver – With a falling gold price shaving 40% off of Placer Dome’s (PDG-T) share price over the past six weeks,…
LionOre extends Waterloo (July 29, 2002)
Drilling by LionOre Mining International (LIM-T) on the Wildara property in Western Australia has extended the stri…
Namco hits a sweet spot (July 29, 2002)
Marine diamond miner Namibian Minerals (NMR-T) has hit a sweet spot on Feature 22 at its Hottentot Bay grant off th…
Trading Summary (July 29, 2002)
Bargain hunters helped Toronto stocks rebound on Monday, but failed to power Canada’s senior exchange to the impres…
Lower output whacks FCX earnings
True to its early-July warning, Freeport-McMoRan Copper & Gold (FCX-N) has seen its bottom line eroded by heavy rainfall and lower head grades at the Grasberg mine in Indonesia.In the second quarter, …
Queenston drills at Kirkland Lake
Fresh on the heels of a $5-million financing, Queenston Mining (QMI-T) has closed the purchase of Newmont Mining’s (NEM-N) half-interest in the Kirkland Lake joint venture in Ontario and launched a ne…
New chemical regulations could affect mining
The federal government has drafted regulations that seeks to “classify” certain information on materials and chemicals that could be dangerous in the hands of terrorists.The rules will apply to large …