Bulls beat bears on Venture exchange
Vancouver — Canada’s junior exchange was in a bullish mood over the report period ended Nov. 12. The S&P-TSX Venture Exchange composite index gained 22.18 points, or 2.37%, to finish the week at 955….
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GREATEST VALUE TRADED, NOV. 6-12
ExchgVal($000s)HighLowCloseChangePlacer DomeT62150317.0015.1715.62+0.12…
Daily Metal Prices (November 18, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 12Nov. 11Nov. 8Nov. 7Nov. 6Al Alloy1296/1301…
Exchange Rates (November 18, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 12Nov. 11Nov. 8Nov. 7Nov. 6US$ in C$1.5742n/a1.56441.5530…
Canadian Stock Exchange Indices (November 18, 2002)
DateNov. 12Nov. 11Nov. 8Nov. 7Nov. 6HighLowTSX Composite6329.276293.866390.916384.42…
Aluminum orders remain flat
The latest statistics from the U.S. Aluminum Association show that the total net new order index for domestic aluminum mill products was flat in October at 83.91, compared with 83.63 in the previous m…
Great Basin looks to Africa
Seeking to become a mid-tier producer, Great Basin Gold (GBG-V) has broadened its exploration scope from the Carlin trend in Nevada to include the prolific Witwatersrand basin of South Africa.The Hunt…
Gold Fields posts solid quarter (November 18, 2002)
Vancouver — Despite witnessing a quarterly shortfall, South Africa’s second-largest gold miner saw year-over-year profits more than triple in the third quarter.Gold Fields (GFI-N) posted a profit of …
Higher output boosts Rio Narcea’s quarter
Rio Narcea Gold Mines (RNG-T) has posted a higher profit in the third quarter, thanks to increased gold production and an improvement in realized gold prices.Earnings totalled US$2.4 million (or 3 pe…
MOST ACTIVE ISSUES, NOV. 6-12
ExchgVol(000s)HighLowCloseChangePlacer DomeT3978917.0015.1715.62+0.12…
AngloGold reaches out to retail crowd
South African major AngloGold (AU-N) has provided details on its plans for a share split, while unveiling an offer to buy odd lots of shares.AngloGold regards the price of its shares as “very high” re…
Sulliden picks up Shahuindo (November 18, 2002)
Vancouver — Having completed a 90-day due-diligence program, Sulliden Exploration (SUE-T) is proceeding with its purchase of the Shahuindo gold property in northern Peru.Engineering firm Simons Peru …