Trading Summary (January 19, 2004)
Canada’s junior exchange started the week making a modest gain as advancing stocks stalemated declining stocks 712-…
News
Constellation cuts copper at Cashin
Vancouver — Constellation Copper (CCU-V) has tabled assay results for its recent dilling campaign at the Cashin sa…
Trading Summary (January 19, 2004)
Toronto’s gold index was one of just three subindices to end in the red on Monday, falling 1.04 points to 206.67. I…
Strike averted at Highland Valley
Vancouver – After a marathon bargaining session, Untied Steel Workers of America local 7619 and management at the H…
Alcan takes charge at Coega
An ongoing review of Pechiney assets has prompted Montreal-based aluminum giant Alcan (AL-T) to book an impairment…
Dios misses the mark at Hotish
The two latest samples of kimberlitic material from the Hotish project, 100 km south of the Renard cluster in north…
Setting the record straight on Angostura
As a director of Greystar Resources and a faithful Northern Miner reader since 1952, I felt personally vindicated by John Cumming’s front-page feature article on the Angostura project in Colombia (T.N…
Junior exchange remains bullish on gold
Vancouver — Canada’s junior exchange continued its upward march over the trading week ended Jan. 13. The S&P-TSX Venture Exchange composite index gained 13 points points, or 0.72% of value, to close …
The Northern Miner Indices (January 19, 2004)
North American Mining: 106.79 (+0.96)Small Producers: 115.48 (-4.64)(Sept. 30/98 = 100)…
Metco shares jump
Shares in Metco Resources (MKO-V) surged 2.5, or about 21%, to 14.5 in late afternoon trading on Dec. 22, after the junior granted Noranda (NRD-T) an option to earn up to a 70% stake in its properti…
Castleworth drills Clifford
Vancouver — Armed with $1 million in financing, Castleworth Ventures (WTH-V) has launched a 5,500-ft. program of reverse-circulation drilling on the Clifford gold project, 60 km east of Tonopah, Nev….
Alcoa sinks
Alcoa kicked off earnings season by tallying fourth-quarter net income of US$291 million, or US33 per share, on US$5.5 billion in sales, compared to a loss of US$223 million on sales of US$5.1 billio…