Resource stocks turn cold in new year
Although still 14% lighter than a year ago, the Toronto Stock Exchange composite index gained a hefty 155.16 points over the Dec. 31-Jan. 7 report period to finish at 6,772.66.Gold nosedived at first,…
News
Alcoa posts surprise loss
Alcoa (AA-N) posted a fourth-quarter loss of US$223 million after announcing plans to cut 8,000 jobs at 70 locations worldwide. The loss represents US27 per diluted share.By comparison, the company i…
LME Warehouse Levels (January 13, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 7 (change from Dec. 27 in brackets):MetalStock(tonnes)ChangeAluminium1237275(-12…
AngloGold provides AIDS drugs
AngloGold of South Africa has been administering antiretroviral therapy (ART) to workers suffering from HIV/AIDS.The treatment is the first stage of the project announced by AngloGold and Anglo Americ…
ECU most active trader during skittish week.
Vancouver — Mining stocks continued to move and shake on Canada’s junior exchange during opening days of 2003. The S&P composite index closed up 43.08 points, or 4.1% of its value, to finish the week…
Exchange Rates (January 13, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 7Jan. 6Jan. 3Jan. 2Dec. 31US$ in C$1.55921.55961.56651.5747…
MOST ACTIVE ISSUES, DEC. 31-JAN. 7
ExchgVol(000s)HighLowCloseChangeMcWatters MngT270570.310.240.29+0.03…
Canadian Stock Exchange Indices (January 13, 2003)
DateJan. 7Jan. 6Jan. 3Jan. 2Dec. 31HighLowTSX Composite…
Nevada Pacific explores Bluebird gold property
Vancouver — Nevada Pacific Gold (NPG-V) has inked a deal to explore the Bluebird property, at the northern end of the Battle Mountain trend in Nevada’s Lander Cty.The property consists of 10 unpatent…
Trading Summary (January 10, 2003)
Toronto’s Diversified Metals & Mining Index powered the market 29.59 points higher to 6,801.77 on Friday. The base…
Miramar tables Doris North study
Vancouver An independent feasibility study for high-grade Doris North deposit on the Hope Bay project in Nunavut…
TVX’s Greek headache continues
Mining in certain areas of TVX Gold’s (TVX-T) Stratoni silver-lead-zinc operation, 65 km east of the Greek port of…