Gold shines as Iraqi stalemate continues
Profit-takers outnumbered investors over the Dec. 4-11 report period, causing the Toronto Stock Exchange composite index to lose 43.41 points. The index finished the week at 6,597.20.Gold, buoyed by n…
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Junior exchange edges up
Vancouver — Canada’s junior exchange posted modest gains over the week ended Dec. 10. The S&P-TSX Venture Exchange composite index tacked on 6.05 points, or 0.63% of its value, and closed at 966.24.P…
Lending Rates (December 16, 2002)
as of 4 pm ET, Dec. 10, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.41LIBOR US$ 6-month1.43LIBOR US$ 1-year1.59Gold lease 3-…
BC Government approves Tulsequah
Vancouver — Redcorp Ventures (RDV-V) reports that the Province of British Columbia has granted it’s wholly owned s…
Trading Summary (December 13, 2002)
Gold picked up another US$1.90 in New York to finish the week at US$333 per oz., and helped the Toronto Stock Excha…
Aurizon heads deeper at Casa Berardi
Aurizon Mines (ARZ-T) plans to sell around 5.2 million flow-through shares at $1.35 apiece to raise up to $7 millio…
Nevsun soars on African projects
Vancouver – Riding a surging gold price, junior Nevsun Resources (NSU-T) is wasting no time in advancing its two pr…
Fording delays conversion vote
Faced with a revised takeover bid by the Sherritt Coal Partnership II, Calgary-based coal miner Fording (FDG-T) has…
Bullion busts out Pundits predict 2003 good for gold
Vancouver After flirting with the crucial US$330 per oz level seven times this year, the price of bullion finally…
Trading Summary (December 12, 2002)
Toronto stocks ended Thursday’s trading session 49.83 points higher at 6,637.08. The gold index led the way soaring…
Nevada Star defines large target at Man project
Vancouver — Nevada Star Resource (NEV-V) reports that this year’s exploration program has outlined a large massive…
Partners sweeten Fording offer
Sherritt International (S-T) and the Ontario Teachers’ Pension Plan have boosted their hostile bid for Fording (FDG…