TVX, Echo Bay give nod to Kinross merger
TVX Gold (TVX-T) shareholders have approved a proposed 3-way merger with Kinross Gold (K-T) and Echo Bay Mines (ECO-T).Kinross recently announced a 3-old-for-1-new-share consolidation, and T…
Kinross Gold Corporation
Ontario spends $10m on mine rehab
The Ontario government will spend $10 million this year on a program designed to rehabilitate abandoned mines.The work is being carried out under the $27-million Abandoned Mines Rehabilitation Program…
Russian subsidiary powers High River
High River Gold Mines’ (HRG-T) attributable gold production grew by more than 43,000 oz. in 2002, thanks to an increased stake in its Russian subsidiary, Buryatzoloto.High River boosted its position i…
MOST ACTIVE ISSUES, JAN. 29-FEB. 4
ExchgVol(000s)HighLowCloseChangeWheaton Rvr MT234641.501.381.45-0.04…
Kinross jumps to senior ranks as gold soars
Although it came as no surprise, Kinross Gold made headlines over the Jan. 28-Feb. 4 report period by concluding its long-awaited 3-way merger with TVX Gold and Echo Bay Mines to become Canada’…
TVX, Kinross hampered by legal disputes
Only days before shareholders were scheduled to vote on a proposed 3-way merger, two of the companies involved, TVX Gold (TVX-T) and Kinross Gold (K-T), were facing legal disputes.TVX announced that a…
MOST ACTIVE ISSUES, JANUARY 22-28
ExchgVol(000s)HighLowCloseChangeSilverado*Q677770.530.210.30-0.28…
Golds rebound, base metals sink with broad market
The S&P-TSX composite index traded in a narrow range over the Jan. 15-21 report period, closing down 70.58 points at 6,740.40.The golds fared better, rising 5.7 points to 193.40. The sub-group got a p…
MOST ACTIVE ISSUES, JANUARY 8-14
ExchgVol(000s)HighLowCloseChangeSouth Am Gld&CT411310.130.080.10+0.03…
Golds retrench but base metals higher
The Toronto Stock Exchange was only fractionally higher through the trading period Jan. 8-14, with the composite index up 8.2 points, or 0.1% of value, at 6,810.98. Most of the market sectors moved si…
Wolfden buys out My-Ritt partner
In return for cash and shares, Wolfden Resources (YWO-V) can acquire the 30% interest in the My-Ritt property it does not already own.Situated in the Red Lake region of northern Ontario, My-Ritt is ch…
Alcoa
A new estimate indicates that the past-producing Macassa mine has a proven and probable reserve of 726,000 tonnes grading 15.4 grams gold per tonne, or 356,300 oz. gold.Kirkland Lake Gold (KGI-V) repo…