Atlas Copco combines divisions
Atlas Copco will fold its drill rig and loader/truck businesses into one division by transferring production of the latter from Portland, Ore., to its Rock Excavation Technology Center in Sweden.The t…
News
Harmony grabs Jipangu’s High River stake
Harmony Gold Mining (HGMCY-Q), South Africa’s third-largest producer of the yellow metal, has agreed to acquire more than 17 million shares of Toronto-based High River Gold Mines (HRG-T) from Jipangu,…
Nevada Star tables results from MAN
Vancouver — Nevada Star Resource (NEV-V) reports encouraging results from surface sampling at its MAN nickel/copper/platinum-group-element project in Alaska.The project comprises both a 311-sq.-km pr…
Virginia active in James Bay area (November 18, 2002)
Equal partners Virginia Gold Mines (VIA-T) and TGW Corp. (GWC-V) report that initial results from a 19-hole drilling campaign on the Poste Lemoyne gold project in northwestern Quebec have extended the…
Fording courts suitors to thwart Sherritt takeover
The Toronto Stock Exchange Composite Index slipped 70.37 points to end the Nov. 6-12 report period at 6,329.27.The TSE’s gold index was up 5.39 points, partly on the back of a US$5.70-gain in the pric…
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….
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…