Trading Summary (February 18, 2003)
Markets gained in most parts of the world on Tuesday, with perceptions of easing tension in the Middle East. The TS…
News
Trading Summary (February 17, 2003)
The Toronto market moved up again on Monday, with the TSX Composite index gaining 76.98 points to close at 6,564.11…
Gold Fields eyes Nunavut gold belt (February 17, 2003)
Vancouver Gold Fields (GFI-N) has inked a letter of intent with Committee Bay Resources (CBR-V) paving the way fo…
Curator to bid for Royal County
Vancouver Lundin-led International Curator Resources (IC-V) plans to make an offer to acquire all the shares of R…
PT Inco triples earnings despite constrained production
Higher nickel prices allowed Inco’s (N-T) 59%-owned Indonesian subsidiary PT Inco to triple its earnings in 2002 de…
Geomaque losses shrink in 2002 (February 17, 2003)
Though still deep in the red, Geomaque Explorations (GEO-T) lost half as much in 2002 as in the previous year, than…
Bullion bearish on Venture Exchange
Vancouver — A slump in the price of bullion dragged down Canada’s junior exchange over the week ended Feb. 11. The S&P-TSX Venture Exchange composite index shed 35.54 points, or 3.45% of its value, t…
Gold, silver stocks take a beating
Gold’s recent volatility proved to be a double-edged sword over the period ending Feb. 11, as the yellow metal tumbled more than US$20 to trade in the low US$360-per-oz. range.The gold majors made a h…
Falconbridge soars
Falconbridge (FL-T) recorded hefty profits for both the fourth quarter and 2002.The company earned $73 million (or 34 per share) in 2002 on revenue of $2.4 billion, compared with earnings of $16 mill…
Editorial Cartoon (February 17, 2003)
Pyhasalmi saves Inmet
Facing ground problems at its Cayeli mine in Turkey and difficulties in shipping concentrates from Ok Tedi in Papua New Guinea, Inmet Mining (IMN-T) still turned a fourth-quarter profit, thanks to goo…
Fragmented securities regulation bad for Canada One law, one day?
The political scientist Eugene Forsey (1904-1991) — one of the few people ever able to turn a discussion about tax points into a vivid tableau — once suggested that a suitable flag for Canada would …