Iamgold execs cash in options
Recent insider trading transactions reported by the Ontario Securities Commission include the following:n Aurizon Mines (ARZ-T) — Ian Walton, director, sold 10,000 shares at $1.32 apiece to hold 764,…
Inco Limited
Maggie Hays gets green light (February 03, 2003)
Vancouver — LionOre Mining International (LIM-T) is proceeding with a US$13-million development program at the Maggie Hays nickel project in the Lake Johnston region of Western Australia.The deposit,…
Voisey’s Bay back on track
Inco (N-T) says its recent decision to delay work on the giant Goro nickel laterite project in New Caledonia, owing to cost overruns, is not expected to affect the schedule for developing the Voisey’s…
Inco reviews Goro development
Facing sudden and significant cost overruns, Inco (N-T) will be reviewing its Goro nickel laterite project in the French Pacific territory of New Caledonia.The company is beginning a 6-month engineeri…
Juniors take spotlight on slew of mixed news
The Toronto Stock Exchange posted its strongest gain in weeks during the Nov. 27-Dec. 3 report period, thanks to a rally in the energy and financial sectors plus the release of positive economic news …
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 …
Third-quarter earnings up at Inco
Nickel producer Inco (N-T) saw its earnings increase in the normally slow third quarter, largely owing to higher nickel prices.Inco posted a US$84-million profit, or net earnings of US$91 million, for…
Toronto exchange roars back to life
Attracted by bargain prices, buyers outpaced sellers over the Oct. 9-15 report period to push the benchmark up 388.87 points. The TSX/S&P Composite Index finished the holiday-shortened week at 6,219.4…
Aussie success drives LionOre’s growth
Perth, Australia — The last couple of years have been stellar ones for LionOre Mining International (LIM-T). Through timely acquisitions and a string of grassroots discoveries in Western Australia, t…
Nickel laterites fail to live up to early promise
The pioneers of Australia’s nickel laterite industry set the bar way too high. Just three years ago, they were the stars of the nickel business, determined to lower the industry cost curve and revolut…
TSE Short Positions (September 16, 2002)
Short positions outstanding at August 31, 2002Larger individual positions includeAgnico-Eagle 5,666,766 up 93,471; Barrick 8,356,953 down 619,950; Bema 3,540,974 up 128,100; Bras…
Sudbury: the need for feed
Large metal operations take on a life of their own in established mining camps. One result is that milling and smelting capacity create demand for near-term sources of ore.Certainly Sudbury has follow…