Crew adds olivine to portfolio
Vancouver — Just as it is preparing to build the Nalunaq gold mine in southern Greenland, Crew Development (CRU-T) has acquired a deposit of olivine in the same region.The deposit, known as Seqi, con…
News
Daily Metal Prices (May 05, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 29April 28April 25April 24April 23Al Alloy137…
Canadian Stock Exchange Indices (May 05, 2003)
DateApril 29April 28April 25April 24April 23HighLowTSX Composite654…
Miners in retreat
Despite a stronger performance by base metals, the share prices of the base metal giants took a pounding during the April 23-29 report period.Investors are concerned about base metals’ exposure to any…
Profit-takers step in
The Toronto Stock Exchange moved lower over the report period April 23-29, with profit-taking marking the end of a rally that lasted more than three weeks. The TSX Composite index fell 37.53 points to…
Market stats point to summer slump
Canada’s junior exchange lost ground over the week ended April 29 as investors anticipated an annual summertime sell-off. The S&P-TSX Venture Exchange composite index shed 16.62 points, or 1.58% of it…
Chesbar updates Sechol
Improvements in the nickel market have spurred Chesbar Resources (CBI-T) to modify its metallurgical study of the Sechol laterite deposits in east-central Guatemala.Chesbar’s consultants will now esti…
Exchange Rates (May 05, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 29April 28April 25April 24April 23US$ in C$1.44571.45011.4532…
Record output powers Rio Narcea turnaround
Buoyed by record gold production from its El Valle mine in Spain, Rio Narcea Gold Mines (RNG-T) staged an impressive turnaround in 2002, earning US$9.7 million.The earnings translate into US13 per sh…
Trading Summary (May 02, 2003)
Market-wide gains sent the Toronto Stock Exchange 48.8 points higher to end the week at 6,618.11 on Friday. The min…
High River in black for 2002 (May 02, 2003)
High River Gold (HRG-T) has finished 2002 with earnings of $1.7 million, an improvement over 2001 when asset writed…
PFN cuts more PGM’s at River Valley (May 02, 2003)
Vancouver — Pacific North West Capital (PFN-V) has tabled assay results for nine recently completed drill holes fr…