BRT fails to yield base metals
Vancouver The first round of drilling over the BRT massive sulphide showing on the Foremore property in northwest…
News
Trading Summary (October 06, 2003)
The Toronto Stock Exchange began the week with a 43.28-point climb to 7,562.87 on Monday, as the technology stocks…
Bright Star eyes West Pogo
Vancouver Junior Bright Star Ventures(BSV-V) has picked up a 35% interest in prospective ground some 8 km west of…
Fortune cashes up
Fortune Minerals (FT-T) has privately placed 643,500 units at 70 apiece to The Contrarian Resource Fund and three…
Outokumpu cashes in Inmet shares
Finland’s Outokumpu has raised 23 million euros via the sale of about 4 million shares in Inmet Mining (IMN-T)….
Alcan bid approved
The European Commission has given the green light to Alcan’s (AL-T) 4-billion-euro takeover of French rival Pechiney (PY-N), but not without some strings attached.In its investigation of the proposed …
Gold Fields, Anglo ink deal
Vancouver — South African-based rivals Gold Fields (GFI-N) and AngloGold (au-n) have elected to team up in the country’s Driefontein mining area.AngloGold will buy a portion of Gold Fields’ Block 1C1…
Anglo bets on zinc
During the report period ended Sept. 30, Anglo American completed its purchase from Toronto-listed junior Ivernia West of the 50% interest it didn’t already own in the underground Lisheen zinc mine in…
Inco deals debentures
Taking advantage of low interest rates, Inco (N-T) intends to offer US$300 million worth of debentures in order to retire existing notes.Net proceeds, expected to top $297 million, are earmarked for t…
Resource-sector deals drive junior exchange
Vancouver — Canada’s junior exchange finished the week ended Sept. 30 with a modest gain, compared with previous weeks. The S&P-TSX Venture Exchange composite index finished the period up 3.53 points…
LME Warehouse Levels (October 06, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 29 (change from Sept. 23 in brackets):MetalStock(tonnes)ChangeAluminium1,370,875…
Northern Miner Indices (October 06, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrick GoldABX-T19.4%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport McM BFCX-N7.1%GoldcorpG-T4.4%IncoN-T7.8%Kinross GoldK-T4.3%Newmont Minin…