Northern Star proves up Midway project
Vancouver — Encouraging drill results from its Midway gold property, west of Val d’Or, Que., have prompted Northern Star Mining (NSM-V) to acquire another 688 acres.Dubbed Cadillac, the new property …
2003
Canadian Stock Exchange Indices (September 01, 2003)
DateAug. 26Aug. 25Aug. 22Aug. 21Aug. 20HighLowTSX Composite7442.82…
Rio goes ahead at Aguablanca project
Rio Narcea Gold Mines (RNG-T) has arranged a US$47-million debt facility to mine the Aguablanca nickel sulphide deposit in southwestern Spain.The facility, arranged with Investec Bank (U.K.) and Macqu…
Inco, union reach deal
Inco (N-T) and the United Steelworkers of America locals 6500 and 6200 have reached a tentative agreement after resolving a 13-week stalemate that centred on health-care and pension benefits.The union…
Daily Metal Prices (September 01, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug. 26Aug. 25Aug. 22Aug. 21Aug. 20Al Alloy1405/140…
Trading Summary (August 29, 2003)
The diversified miners index led the Toronto Stock Exchange’s subindices with a 2.32-point, or 1.5%, gain on Friday…
Renard 65 fails to impress
Investors pushed shares in Ashton Mining of Canada (ACA-T) down 38, or 20% of value, in late trading on Aug. 29, a…
Steelworkers ratify new deal
Unionized workers at Inco’s Sudbury operations have voted 62.3% in favour of a new three-year contract ending a thr…
Trading Summary (August 28, 2003)
The Toronto stock Exchange joined the rest of North American bourses making a modest 16.34-point gain to 7,516.95 o…
Juniors to join
Juniors Holmer Gold Mines (HGM-V) and Acadian Gold (ADA-V) (formerly Tempus Corp.) have agreed to amalgamate.Un…
Planet picks up Mexican ground
Vancouver Looking to diversify its exploration holdings, Planet Exploration (PXI-V) has inked a deal to acquire t…
Trading Summary (August 27, 2003)
A US$7-per-oz. surge in the price of gold to US$372.30 in New York sent Toronto’s gold index 8.98 points, or 4.6+%…