Trading Summary (August 20, 2002)
A late-day sell-off erased some decent gains by Toronto stocks on Tuesday. The golds finished among the Toronto Sto…
News
Noranda rides out of Montana
Faced with slumping metal prices, Noranda (NRD-T) has decided to cut bait at the Montanore copper-silver project in…
Anglo pays for KCM exit
Anglo American (AAUK-Q) has agreed to pony up to another US$107.3 million before walking away from the Konkola copp…
Aurora Platinum proposes $1.2 million financing
Vancouver — Aurora Platinum (ARP-V) is in the process of raising up to $1.2 million though a financing that will c…
Trading Summary (August 19, 2002)
Toronto gold stocks plummeted 6.65 points or nearly 4% to finish at 164.29 on Monday as the yellow metal slumped US…
Northgate reduces hedge position, posts loss
Vancouver — After closing out a large portion of its hedge position, Northgate Exploration (NGX-T) took a one-time US$9.8-million hit during the second quarter and slipped further into the red.The co…
News – 19-AUG-02
Drop in prices points to economic double dip
Aug. 5-9 at a glance- Copper prices have failed to gain from any risks associated with fund short-covering and remain in the crucial support area of US$1,500 per tonne.- Aluminum has found good suppor…
The Northern Miner — North American Mining Index (August 19, 2002)
72.56 (+3.45)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (August 19, 2002)
73.71 (+2.34)(Sept. 30/98 = 100)…
De Beers confirms commitment to Canada
Although its roots are in South Africa, De Beers believes the emphasis given to Canadian diamond exploration is fully justified. Last year, Canada accounted for 40% of the US$73 million the company sp…
Inmet to drill Aussie base metal find
Since the announcement of its discovery in February, Inmet Mining (IMN-T) has been drill-testing the new high-grade base metal Jaguar deposit in the Northeastern Goldfields region of Western Australia…