Junior exchange rallies to new high
TSX VENTURE EXCHANGEVancouver — Canada’s junior exchange surged to a new all-time high over the week ended Oct. 14. The S&P-TSX Venture Exchange composite index rocketed 36.64 points, or 2.6%, to clo…
2003
Partners drill Timmins project (October 20, 2003)
High-grade intersections are reported from the first four holes of a recently doubled, 10,000-metre program of definition drilling on Holmer Gold Mines’ (HGM-V) Timmins property.Highlights include the…
Mines ministers tackle host of issues
The 60th annual conference of mines ministers was recently held in Halifax, N.S. The mining industry was represented by the Mining Association of Canada (MAC), the Prospectors & Developers Association…
Daily Metal Prices (October 20, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 13Oct. 10Oct. 9Oct. 8Oct. 7Al Alloy1410/1405…
Jilbey drills Taranga (October 20, 2003)
Jilbey Gold Exploration (JLB-V) has begun drilling at its Taranga gold permit in Burkina Faso.The property, which covers 240 sq. km of the Bouroum-Yalogo greenstone belt, was acquired earlier this yea…
Peru Copper Syndicate eyes low-cost leaching
Vancouver — Catherine McLeod-Seltzer and David Lowell, who, a year ago, re-united to search for gold-silver deposits under the banner of Bear Creek Mining (BCM-V), are turning their attention to the …
Imperial Metals on the mend
Williams Lake, B.C. — The discovery of a highly mineralized breccia body on the past-producing Mount Polley copper-gold property, 56 km northeast of here, has reinvigorated Imperial Metals (III-T).Le…
Kinross to buy Crown
Determined to boost reserves and production while decreasing costs, Kinross Gold (K-T) has agreed to acquire Denver-based Crown Resources (CRCE-O).Under the proposed deal, Crown shareholders would rec…
Trading Summary (October 17, 2003)
The telecom sector was alone in the black in Toronto on Friday, edging 0.12 of a point higher to 59.84. The golds d…
Freeport sees profit fall
Vancouver The operator of the World’s largest gold mine had a rough start to October with a slippage accident res…
Harmony dumps High River stake
Just three days after disposing of its 31.7% stake in Russian gold miner Highland Gold, Harmony Gold (HMY-N) has du…
Hugo grows for Ivanhoe
Continued drilling by Ivanhoe Mines (IVN-T) has extended the high-graded core of the newly dubbed Hugo Dummett copp…