Old Economy holds firm as New Economy shakes
Bubbles don’t stay aloft forever, and the giant one propelling the much-ballyhooed New Economy was hit by a mean downdraft over our report period ended April 18. While bargain-hunters jumped in to kee…
Bubbles don’t stay aloft forever, and the giant one propelling the much-ballyhooed New Economy was hit by a mean downdraft over our report period ended April 18. While bargain-hunters jumped in to kee…
AMT International MiningAnglo AmericanAnglogoldAnooraq ResourcesBema GoldCancor MinesChannel ResourcesChief Consolidated MiningComaplex MineralsConquistador MinesCorner Bay MineralsCumberland Resource…
After accepting a takeover offer by Phelps Dodge (PD-N), executives of Cyprus Amax Minerals (CYM-N) exercised options worth millions.Jeffrey Clevenger, officer, exercised 237,500 options at US$10.13-1…
Adikann GoldfieldsAfrioreAlmaden ResourcesAnglo American Aquest MineralsAvalon VenturesBarrick GoldBlack Hawk MiningBreakwater ResourcesCamphor VenturesCons. Trillion ResourcesCumberland ResourcesDe B…
On July 30, debenture-holders of William Resources (WIM-T) will vote on whether or not to convert their notes into 245 million shares and thus assume 70% of the company’s resulting equity.The proposal…
The April 28-May 4 report period saw a broad rally in metal prices and mining stocks in the eastern markets.Leading the charge were gold prices, which shot up $4 to US$285.50 per oz. on the London mor…
Aber ResourcesAlta GoldAnglo AmericanArgentina GoldAuspex MineralsBarrick GoldBreakwater ResourcesCamnor ResourcesCantex Mine DevelopmentCitation ResourcesClaude ResourcesCopper Ridge Explor…
Short positions outstanding at March 31, 1999Larger individual positions include:Abitibi-Consolidated 956,778, up 463,778; Alcan Aluminium 845,904, up 215,568; American Gem 111,065, up 111,065; Anders…
Gold prices showed some strength during the April 7-13 report period, rising $3.60 to US$283.85 per oz. on the London morning fix of April 14.Gold’s rise buoyed Canada’s two biggest producers, with Ba…
The Toronto Stock Exchange 300 index slid 57.49 points in the report period Feb. 10-16, ending the week at 6,386.48.Gold producers regained some ground, with the gold and precious metals sub-group ris…
Beleagured William Resources (WIM-T) continues to swim in troubled waters, with the company’s latest woes arising from the default on a US$6.3-million loan.The loan is tied to William’s Bjorkdal gold …
AfriOreAgnico-Eagle MinesAlberta EnergyAnglo AmericanArgentina GoldAshton Mining of CanadaAur ResourcesBarrick GoldCanadian Hunter ExplorationComaplex MineralsDe Beers Consolidated MinesEde…
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