TVX notes wipe out second-quarter profit
TVX Gold (TVX-T) finished the three months ended June 30 with earnings of US$800,000, but the small profit was eaten up by adjustments to the company’s gold-linked convertible notes, leaving it with a…
News
Miramar finances program
Miramar Mining (MAE-T) has engaged Canaccord Capital to arrange a $4-million private placement financing for expanded exploration of the Hope Bay joint-venture gold project for the remainder of this y…
NAP exec shorts own stock
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Aber Resources (ABZ-T) — John Lamacraft, director, bought 25,000 shares a…
Luicho underscores PacRim’s potential Investment Commentary
Catherine McLeod-Seltzer, president of Pacific Rim Mining (PFG-T), says drilling at the Luicho gold project in southern Peru should begin any day now.Although the first reverse-circulation rig is now …
Atna inks deal to gain stake in cobalt project
Junior Atna Resources (ATN-T) has signed a letter-of-intent with Colorado-based U.S. Cobalt (USC-V) to acquire a half-interest in the Madison cobalt-nickel-copper project, 100 miles south of St. Louis…
Not in this issue
CRU study links capital costs to return on investments
A study by CRU International, the London-based group of commodity market analysts, suggests that the most accurate determinant of share value for metal producers is the relationship between capital co…
MOST ACTIVE ISSUES, August 9-15
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MEETINGS (August 21, 2000)
Aug. 22 Redwood — annual, specialAug. 23 Levon — annual, general; 10:00 a.m., Ste. 400, 455 Granville St., VancouverAug. 23 Tres-Or — annual; 10:00 a.m., Ste. 680, 505 Burrard St., Van…
News – 21-AUG-00
LME Warehouse Levels (August 21, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 15/00 (change from Aug. 8 in brackets):Aluminium426800(-17275)…
Gold up, Dow cracks 11,000
The Dow Jones industrial average edged up 90.11 points, or 0.8%, to close at 11,067 points for the report period ended Aug. 15, while gold recovered to US$274.60 per oz. on the Comex division of the N…