Canadian Stock Exchange Indices (June 17, 2002)
DateJune 11June 10June 7June 6June 5HighLowTSX Composite7398.837460.717478.577498.857547.93…
2002
Juniors expand South African diamond play
Partners Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have inked letters of intent to acquire three more alluvial diamond properties in the Ventersdorp district of South Africa.The f…
The Northern Miner — North American Mining Index (June 17, 2002)
85.80 (-5.57)(Sept. 30/98 = 100)…
GREATEST VALUE TRADED, JUNE 5-11
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N84944231.9027.6129.00-2.56…
Inco, Newfoundland reach Voisey’s deal
Nickel producer Inco (N-T) and the government of Newfoundland and Labrador have reached an agreement under which Inco will get a mining lease for the Voisey’s Bay nickel project in Labrador.The deal, …
Mineral output climbs
The value of production for the Canadian mineral industry, excluding oil and gas but including coal, increased to $19.84 billion in 2000, up $1.13 billion, or 6.7%, from 1999.Metal mining accounted fo…
Gold majors sink as bullion retreats
As gold slipped back below US$320 per oz., the major U.S.-listed gold companies all saw steep selloffs during the period ended June 11: Newmont Mining plummeted $2.56 to US$29; AngloGold fell back $3….
Diagem merges with EAG
Shareholders of Diagem International Resource (DGM-V) and Emerging Africa Gold (YEG-V) have agreed to merge the companies, creating a stronger, junior explorer focused on diamonds.Shareholders of Emer…
Trading Summary (June 14, 2002)
The gold index was the star of the show on the Toronto Stock Exchange on Friday climbing 10.35 points or 5.4% to 20…
New Renard pipes yield diamonds
All four new kimberlite bodies (Renard 3 through 6) drill tested by Ashton Mining of Canada (ACA-T) and Soquem have…
Vannessa confirms Crucitas rights, Glencair nixes Bellavista deal
Vannessa Ventures (VVV-T) has confirmed that the government of Costa Rica will honour the company’s existing rights…
Northern Dynasty cuts porphyry in Alaska
Vancouver — Northern Dynasty Minerals (NDM-V) reports that it has discovered new porphyry-style copper mineralizat…