Gold mutual funds top list
U.S. based mutual funds that invest in gold topped the list of U.S. fund performances for the first six months of 2002.The average gold fund rose 50.5% for the period ending June 28, compared with an …
2002
Matamec finds more Sakami gold (October 28, 2002)
Junior Matamec (MAT-V) has found several more gold showings at its Sakami property in the James Bay region of Quebec.In the JR area, 25 of 126 grab samples yielded between 0.1 and 9.6 grams gold per t…
FNX, Dynatec confirm zone at Norman (October 28, 2002)
Infill drilling on the North zone of the Norman nickel-copper deposit, northeast of Sudbury, Ont., has confirmed mineralization at vertical depths of around 165 metres.The program, carried out by part…
Apex drops Atna’s Chanarcillo property (October 28, 2002)
Vancouver — Apex Silver Mines (SIL-A) will cease exploration of Atna Resources’ (ATN-T) Chanarcillo silver property in Chile.The decision follows the release, by Atna, of drill results from a 19-hole…
Producer and Dealer Prices (October 28, 2002)
Antimony: Recent trades US$3,150-3,350/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.40/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.00-6.50/lb.Copper: Comex Dec US$0.6975/lb….
Canadian Stock Exchange Indices (October 28, 2002)
DateOct. 22Oct. 21Oct. 18Oct. 17Oct. 16HighLowTSX Composite6291.666362.316326.616274.79…
Sherritt, Ontario Teachers put Fording on notice
Fording, Canada’s largest producer of export coal, took centre-stage in the Oct. 16-22 report period, becoming the latest takeover target of Sherritt International and the Ontario Teacher’s Pension Pl…
Aredor kimberlites reveal more stones (October 28, 2002)
Partners Rio Tinto (RTP-N) and Trivalence Mining (TMI-V) have recovered more diamonds from the Aredor concession in Ghana.Rio, which operates the project, recently sank eight holes into a promising g…
Junior market ends bearish slide
Vancouver — Canada’s junior exchange managed to find a few points while the major bourses rallied over the week ended Oct. 22. The S&P TSX Venture Exchange composite index tacked on 2.33 points, or 0…
NAME CHANGES (October 28, 2002)
Verdstone Gold (VGC-V) has changed its name to Goldrea Resources (GOR-V) on a 1-new-for-10-old-share basis.Maya Gold (MAY-V) has changed its name to Centram Exploration (CAN-V) on a 1-new-for-5-old-sh…
Noranda inks Hemlo deal
Noranda’s exploration company has signed an agreement with Goliath Gold Mines and Golden Sceptre Resources that will likely result in a producing Hemlo area mine within two years.The deal, which gives…
MOST ACTIVE ISSUES, OCTOBER 16-22
ExchgVol(000s)HighLowCloseChangeKinross GoldT191442.942.452.58-0.21…