WMC exits Canada
One of the most significant deals of the report period was the agreement to merge WMC Resources’ Canadian subsidiary WMC International with Canadian junior gold explorer Comaplex Minerals.Comaplex wil…
2003
Daily Metal Prices (July 21, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 15July 14July 11July 10July 9Al Alloy1385/1385…
Golds, base metals end mixed
The broad market attracted more buyers than sellers over the July 9-15 report period, causing the composite index to finish ahead 26.48 points at 7,166.08.The TSX gold index reversed 2.34 points as th…
Trading Summary (July 18, 2003)
The Toronto market finished the week strongly, as the TSX Composite index picked up 45.30 points to close at 7,114.
Nevsun eyes feed for Tabakoto
Vancouver A 5,500 metre drill program by Nevsun Resources (NSU-T) has cut encouraging gold mineralization at the…
Noranda sells remaining NIF priority units
Noranda (NRD-T) has sold its remaining 12 million priority units of Noranda Income Fund (NIF.UN.T) for $9.85 apiec…
Timiskaming surrenders more diamonds
Sudbury Contact Mines (SUD-T) has recovered a total of 301 diamonds from 1,711 kg of kimberlite drill core from i…
Central Gold-Trust closes IPO, buys gold (July 18, 2003)
North America’s first gold trust, Ontario-based Central Gold-Trust (GTU.UN-T) has closed its initial public offerin…
Trading Summary (July 17, 2003)
A 2.7-point gain to 165.67 by the gold index couldn’t keep the Toronto Stock Exchange out of the red on Thursday, a…
Gabriel’s Romanian woes continue
Having already scrapped a $28-million bought-deal financing, Gabriel Resources (GBU-T) has nixed its back up plan t…
Grasberg gold boost Freeport
Vancouver The second quarter of 2003 proved to be a stellar one for the operator of the World’s largest copper-go…
Band-Ore tests Thorne
Drilling by Band-Ore Resources (BAN-T) has returned more anomalous values from the Thorne gold project near Timmins…