Noranda Inc

Noranda (NRD-T) says a chemical leak that shut down a plant at a Quebec zinc refinery, 30 km west of Montreal, did not harm local residents or affect production.

Noranda (NRD-T) is comfortably back in the black with second-quarter earnings of US$107 million, compared with a loss of $10 million for the corresponding quarter of last year.

The following insider trading transactions were reported in the July OSC Bulletin, published by the Ontario Securities Commission:…

Seabridge Gold (SEA-V) has improved the gold resource at its Fat deposit, on the Courageous Lake property, 240 km northeast of Yellowknife, N.W.T.

A sagging gold price pushed the Toronto Stock Exchange’s gold index 9.28 points, or 4.8%, lower to a 2.5-month low of 183.89 during the July 21-27 report period.

The report period July 14-20 saw the price of gold close down US90. The precious metal fell US$6.35 on July 20 to finish at US$400 per oz. in the afternoon in London. The gold index was down by 2.7%, or 5.53 points, to close at 197.44. The divers…

The report period June 29-July 6 saw reduced activity caused by Canada Day and, south of the border, Independence Day. Gold closed down $9.75 to finish at US$394.50 per oz. in the afternoon of July 6 in London. The gold index was down by 0.04 poin…

The Toronto Stock Exchange’s gold index jumped 5.21 points, or 2.7%, to 201.46 during the June 16-22 report period. Not surprisingly, the price of gold rose US$10.50 to an afternoon fix of US$395.75 per oz. in New York on June 22. The rest of the…