Trading Summary (April 28, 2004)
The Toronto Stock Exchange plummeted 248.65 points, or nearly 3%, to 8,286.37 on Wednesday, thanks to a double wham…
News
Ekati returns to normal levels
Production at the Ekati diamond mine in the Northwest Territories has returned to levels of those reported a year a…
Revenue up, earnings down for Fording (April 27, 2004)
Calgary-based Fording Canadian Coal Trust (FDG-T), a continuation of predecessor Fording, posted net income of $10.
Kemess South production slips
Northgate Exploration (NGXT) reported lower gold production from its Kemess South mine during the first quarter of…
Chester deposit advances to prefeasibility
First Narrows Resources (UNO-V) is set to advance its Chester copper-polymetallic deposit to the prefeasibility sta…
Constellation revolves around Terrazas (April 26, 2004)
Denver-based Constellation Copper (CCU-T) has retained Jacobs Engineering Group to carry out a bankable feasibility…
Higher metal prices buoy Noranda
Higher realized prices for its bread-and-butter metals offset lower production, and powered Noranda (NRD-T) to net…
Absolut aims its drill at Pico Machay
Toronto-based Absolut Resources (ABS-V) will begin drill testing the central portion of a 400-by-1,400-metre resist…
Trading Summary (April 26, 2004)
The remainder of the Toronto Stock Exchange’s subindices could have used a bit of help from the Health Care sector…
Cordillera sparkles with mineral potential
Vancouver — For more than a dozen years, British Columbia has closed more mines than it has opened, and if this trend continues, only one metal mine and a few coal mines could be left operating by 2014. With stronger commodity prices and easier a…
VVC catches Beaver Brook fever
Having closed its $17-million purchase of the mothballed, underground Beaver Brook antimony mine in central Newfoundland,
Murenbeeld still bullish on gold
Gold guru Martin Murenbeeld of Victoria, B.C.-based M. Murenbeeld & Associates sees the price of gold continuing to appreciate in the coming years, powered in large part by governments’ choosing to reflate their way out of debt.