Cambior, Ariane kindle merger mania
The Toronto Stock Exchange’s gold index gave back its recent gains, and then some, during the report period ended Sept. 30, as the yellow metal yo-yoed its way US$3 per oz. higher to an afternoon fix …
2003
Cambior, Ariane merge
Montreal-based miners Cambior (CBJ-T) and Ariane Gold (AGD-T) have agreed to merge with an eye toward developing the latter’s Camp Caiman project in French Guiana.Under the proposed nuptials, Ariane s…
First Quantum cuts oxide copper at Lufua
Drilling by First Quantum Minerals (FM-T) at its Lufua copper prospect in the Democratic Republic of Congo’s Katanga province has indicated a zone of oxide and sulphide copper mineralization.First Qua…
Daily Metal Prices (October 06, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept 29Sept 26Sept 25Sept 24Sept 23Al Alloy1385/137…
Trading Summary (October 03, 2003)
The Toronto Stock Exchange’s gold index plummeted 6.44 points, or 3.3%, to 187.41, as the yellow metal saw US$13.70…
Gold Fields boosts reserves
Vancouver – Over the past year, South African based Gold Fields (GFI-N) has outlined 7.7 million ozs of additional…
Westshore Terminals padlocks Roberts Bank
Westshore Terminals Income Fund (WTE.u-T) has issued lockout notices to union locals 502 and 517, which represent w…
Inmet, Outokumpu rework share deal (October 03, 2003)
A reworking of a March 2002 has paved the way for Finland’s Outokumpo Oyj to sell a portion of its 4 million shares…
Delta-Kenty geophysics spots new targets (October 03, 2003)
Summer exploration work at the Delta-Kenty property, about 50 km west of the Raglan nickel mine in the Ungava Penin…
Trading Summary (October 02, 2003)
Toronto stocks tacked on another 31.75 points to end Thursday’s trading session at 7,541.42; the technology stocks…
Newmont buys $6.75 million worth of Southwestern Shares
Vancouver — Southwestern Resources (SWG-T) announced that it has inked a Letter of Intent with Newmont Mining (NMC…
SKN forms joint venture with Kunming Gold
Vancouver — SKN Resources (SRL-V) received a nod from the Chinese government to form a cooperative joint venture w…