Companies (November 23, 1998)
Aber ResourcesAfriOreAllican ResourcesAnzex ResourcesArgent ResourcesAshanti GoldfieldsBarrick GoldBema GoldBlack Hawk MiningBlack Swan Gold MinesBolidenBotswana DiamondfieldsCalliope Meta…
Sherritt International Corporation
Sherritt stays afloat despite low prices
Sherritt International (S-T) posted a profit in the second quarter, when lower nickel prices were partially offset by lower operating costs and higher cobalt prices.The Toronto-based company earned $1…
WESTERN MARKETS AND INVESTMENT NEWS – EASTERN MARKETS — Plunging nickel, copper prices drag down majors
With the price of nickel nosediving US25cents over the past two weeks to US$2.20 per lb., both of Canada’s big nickel producers took hits over the report period ended May 19: Inco dropped $1.95 to $21…
MINING MARKETS AND INVESTMENT NEWS — INSIDER TRADING — Caisse sells large Sherritt holding
Recent insider trading reports released by the Ontario Securities Commission show that Quebec-based investment fund Caisse de Dpot et Placement du Qubec sold a significant block of shares in nickel …
Companies (May 18, 1998)
Abacus MineralsAber ResourcesAdrian ResourcesAlberta EnergyAnglo AmericanAnglogoldAshanti GoldfieldsAshton Mining of CanadaAur ResourcesAurado ExplorationAurizon MinesBarrick GoldBattle Mountain Canad…
KWG set to become significant nickel producer — Company will share laterite project with Cuba
A nickel deal signed with the government of Cuba should more than double the value of assets belonging to KWG Resources (KWG-T).KWG, a 26%-owned affiliate of St. Genevieve Resources (SGV-T), signed a …
Sherritt International reports solid first quarter
Newly formed Sherritt International (TSE) posted strong earnings for the first quarter.The company earned $8.6 million (or 12 cents per restricted voting share) over the period on revenue of $66.3 mil…
Sherritt proposes rights offering
Terms of a rights offering, resulting from the restructuring of Sherritt (TSE) into two independent public companies, have been proposed.The company has declared a dividend, in the form of transferabl…
STOCK MARKETS — Resource stocks lead stubborn bull forward
The Toronto Stock Exchange moved slightly higher during the report period ended Nov. 21, drawn along by strength in the natural resource stocks. The TSE 300 composite index gained 52.54 points, or 1.1…
Sherritt proposes a major restructuring
A prospectus for a rights offering that would bisect Sherritt (TSE) into fertilizer and metals companies has been filed with securities regulators.Under the proposed restructuring, Sherritt would rema…