TSE Short Positions (July 29, 2002)
Short positions outstanding at July 15, 2002Larger individual positions includeAber Diamond 371,442 down 108,881; Agnico-Eagle 5,058,576 down 256,686; Alcan 1,195,306 down 692,465;…
News
Low costs at El Peon buoy Meridian (July 29, 2002)
The El Peon gold mine in Chile remains one of the world’s lowest-cost producers, enabling Meridian Gold (MNG-T) to post net earnings of US$11.3 million for the second quarter of 2002.The income, whic…
Lower output whacks FCX earnings
True to its early-July warning, Freeport-McMoRan Copper & Gold (FCX-N) has seen its bottom line eroded by heavy rainfall and lower head grades at the Grasberg mine in Indonesia.In the second quarter, …
Queenston drills at Kirkland Lake
Fresh on the heels of a $5-million financing, Queenston Mining (QMI-T) has closed the purchase of Newmont Mining’s (NEM-N) half-interest in the Kirkland Lake joint venture in Ontario and launched a ne…
New chemical regulations could affect mining
The federal government has drafted regulations that seeks to “classify” certain information on materials and chemicals that could be dangerous in the hands of terrorists.The rules will apply to large …
Trading Summary (July 26, 2002)
A late-day recovery left the Toronto Stock Exchange slightly higher on Friday. The TSX Composite index picked up 31…
Silver Standard inks Challacollo option (July 26, 2002)
Vancouver — The results from a due diligence drill program has prompted Silver Standard Resources (SSO-V) to keep…
Axmin finds more gold at Passendro
Following a campaign of rotary air blast (RAB) drilling at its Bambari property in the Central African Republic, Ax…
Freewest finds surface sniffs at Smoke Lake
Surface drift prospecting by Freewest Resources Canada has turned up angular boulders with high gold grades at the…
Wayside hits more gold (July 26, 2002)
Vancouver — With the latest drill results from the northwester extension of the Bonanza Ledge prospect showing lit…
Pacific Minerals confirms grades (July 26, 2002)
Vancouver — The first 9 holes of a planned 2,500 metres underground drill program on the JBS platinum-palladium-ni…
Trading Summary (July 25, 2002)
A bouncy market day on Thursday left the Toronto Stock Exchange still worse off than before. The TSX composite inde…