Broad market rebounds but resource stocks mixed
Recouping over a quarter of the loss reported for the previous period, the Toronto Stock Exchange 300 index climbed 216.19 points between April 5 and April 11 to end the week at 9,358.03, or 2% higher…
Recouping over a quarter of the loss reported for the previous period, the Toronto Stock Exchange 300 index climbed 216.19 points between April 5 and April 11 to end the week at 9,358.03, or 2% higher…
The prolonged slump in gold prices has taken its toll on a number of low-grade, bulk-tonnage gold projects in South America, leaving only a handful of robust projects able to survive the rocky road to…
Shareholders of Mirage Resources (MGP-T) have approved the amalgamation of Mirage with a wholly owned subsidiary of Dayton Mining (DAY-T).Kinross Gold (K-T) holds a 53.8% interest in Vancouv…
Stricken by panic leading up to and following the much-anticipated U.S. federal court ruling against Microsoft, the Toronto Stock Exchange 300 index nosedived 781.01 points between March 29 and April …
The March 22-28 report period proved to be a volatile one, with the Toronto Stock Exchange 300 index passing the 10,000 mark for the first time ever on March 23 — only to slip to 9,922.85 by the week…
With wonder one watches the volatility in global stock markets and the preoccupation of the news media with the “new global economy.” The myopic focus on telecommunications, e-commerce, genetic engine…
During the March 15-21 report period, attention in the gold market was directed toward the Bank of England’s latest gold auction, held on March 21.The bank sold 25 tonnes (803,600 oz.) for US$285.25 p…
The Toronto Stock Exchange 300 index slipped 31.65 points during the March 8-14 report period to end the week at 9,393.83.With gold taking another tumble, the TSE’s gold and precious metals sub-index …
The proposed merger of Wheaton River Minerals (WRM-T) and Kit Resources is now complete.Wheaton River shareholders received one share of the merged company for each Wheaton River share held; Kit share…
Toronto-based Exall Resources (EXL-T) lost $716,431 (or 2 cents per share) in the three months ended Sept. 30, compared with earnings of $801,031 in the third quarter of 1998. Revenue between the peri…
A US$25-million financing agreement is allowing Bema Gold (BGO-T) to draw up construction plans for its 79%-owned Julietta gold-silver mine in Russia.Two European banks have agreed to put up the funds…
Junior Copper Ridge Explorations (KRX-V) has discovered a new mineralized structure in the course of its 13-hole drill program at the Scheelite Dome gold property in the Yukon.Highlights are as follow…
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