News

The following insider trading transactions were recently reported by the Ontario Securities Commission in the OSC Bulletin:…

A strong rally on the Thursday following the U.S. election took American equity markets higher during the reporting period Nov. 3-9, with the Dow Jones Industrial Average gaining 3.5% to finish at 10,386.37 and the S&P 500 index up 3% at 1,164.08.

Rebounding commodities aided the junior-mining dominated S&P-TSX Venture Composite Index in closing out the Nov. 3-9 trading period at 1631.05, up almost 33 points from last week’s close. Average daily trading volumes over the session were just be…

Vancouver — Following a positive preliminary assessment, Northern Dynasty Minerals‘ (NDM-V) intends to advance its Pebble gold-copper-molybdenum project in southwestern Alaska to the feasibility stage.

Vancouver — Placer Dome (PDG-T) earned US$148 million (or 36 per share) in the third quarter, up substantially from US$27 million (6 per share) in the corresponding period of 2003. Tax gains contributed to the improvement.

Voters in Montana turned down a ballot measure that would have overturned an earlier state prohibition on the use of cyanide in gold or silver mining.

Vancouver — Robust commodity prices have enabled Teck Cominco (TEK-T) to report record earnings for the fourth consecutive quarter.

Vancouver — St. Jude Resources (SJD-V) plans to carry out a feasibility study of the Benso and Hwini Butre properties in Ghana, in light of a resource estimate by Watts Griffis & McOuat.