M.I.M. soars on Xstrata talks
The Swiss company Xstrata is negotiating to buy rival M.I.M. Holdings of Australia, causing the latter’s stock to rise 22% to A$1.52 on the Australian Stock Exchange.Xstrata, the world’s fourth-larges…
News
Gold preserves wealth: report
If gold bullion had been introduced into an Australian investment portfolio in the past 5-10 years, it would have reduced the volatility of investment returns, according to a report by Pricewaterhouse…
AngloGold sees output rise
In a surprisingly strong third quarter, South Africa’s AngloGold (AU-N) managed to boost both its gold production and earnings while keeping a lid on costs.For the period ended Sept. 30, AngloGold pos…
Producer and Dealer Prices (December 02, 2002)
Antimony: Mid-mkt US$2,850/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.55/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.25-6.90/lb.Copper: Comex Mar US$0.7375/lb.
Golds lower in lacklustre market
The Toronto Stock Exchange made another half-hearted effort at climbing during the report period Nov. 20-25, but the rally ran out of steam on Nov. 26, leaving the TSX composite index at 6,477.77, up …
Victor Milne
Victor Milne, former director of the Ontario Geological Survey, died in late September. He was 68.Milne was born in 1934 in Scotland and completed undergraduate studies in geology at the University of…
Canadian Stock Exchange Indices (December 02, 2002)
DateNov. 26Nov. 25Nov. 22Nov. 21Nov. 20HighLowTSX Composite6477.776578.166553.896567.80…
Ashton tables mini-bulk sample results
Vancouver — Ashton Mining of Canada (ACA-V) has tabled encouraging results from a 4.81 tonne sample collected fro…
Inmet to crank up Cayeli
With rehabilitation work almost complete, Inmet Mining (IMN-T) expects its 55% owned Cayeli copper-zinc mine in Tur…
Jipangu boosts Cambior stake
Already ranked as the company’s largest shareholder, Jipangu has boosted its stake in Cambior (CBJ-T) by 2% to 28%.
Viceroy in consolidation talks
Viceroy Resource (VOY-T) has entered into talks aimed at the acquisition of Quest Investment (Q -TSX), Arapaho Ca…
Trading Summary (November 29, 2002)
The Toronto Stock Exchange slipped 58.95 points to end the week at 6,570.42 points on Friday with most subindices i…