CDNX moves into spring on bullish note
Vancouver — Canada’s junior exchange continued to gain momentum over the holiday-shortened report period ended April 2. The Standard & Poor’s-CDNX composite index jumped 20.65 points, or 1.7%, to clo…
2002
Inco told to clean up houses
Ontario’s Ministry of Environment has ordered Inco to clean 25 residential properties polluted by its nickel refinery in Port Colborne.The decision is consistent with a draft order issued in October 2…
MOST ACTIVE ISSUES, MARCH 27-APR 2
ExchgVol(000s)HighLowCloseChangeKinross GoldT224672.391.962.13+0.23…
Learning from Musselwhite
The Musselwhite gold deposit in northwestern Ontario is on land belonging to First Nations. Dealing with the development concerns of First Nations created an additional challenge for Placer Dome beyon…
Ivanhoe tops up till
Robert Friedland-run Ivanhoe Mines (IVN-T) has raised $56.7 million by issuing 17.4 million shares at $3.25 apiece.The financing, announced only weeks ago, was underwritten by Griffiths McBurney & Par…
Summo tables restructuring plan (April 08, 2002)
Facing a cash crunch and a US$136-million price tag to advance its Terrazas copper-zinc project in Mexico, Summo Minerals (SMA-T) intends to settle all its outstanding debt and restructure its share c…
Trading Summary (April 05, 2002)
The Toronto Stock Exchange finished the week off with a 2.62-point loss closing Friday’s session at 7,781.4. Plus-1…
Anaconda narrows focus for Murrin Murrin
Suffering a A$457.5-million loss in the final six months of 2001 and looking to restructure its US$420-million debt…
Altius raises exploration funds
Junior Altius Minerals (ALS-V) has raised over a million dollars to continue exploring its various projects in west…
Eastfield cuts grade at Lorraine
Vancouver – Eastfield Resources (ETF-V) has tabled encouraging results from two more holes drilled on the Lorraine…
Chesbar eyes Buena Vista (April 05, 2002)
Chesbar Resources (CBI-T) has inked a deal with joint venture partner Intrepid Minerals (IAU-V) to boost its stake…
Kat drilling to resume
Equal partners Navigator Exploration (NVR-V) and Canabrava Diamond (CNB-V) have mobilized a drill rig and expect to…