Trading Summary (September 23, 2002)
The Toronto Stock Exchange’s energy sector was the lone subindex to advance on Monday, edging up just 0.8 of a poin…
News
Noranda dismounts Caballo Blanco (September 23, 2002)
Noranda (NRD-T) has dropped its option to earn a 75% stake in Almaden Minerals’ (AMM-T) Caballo Blanco property on…
Amarc misses at Inde
Vancouver — A 14-hole diamond drill program by Amarc Resources (AHR-V) has returned sporadic gold values below the…
Drills rev at Tulawaka
Partners Barrick Gold (ABX-T) and Minires du Nord (MDN-T) have their drills gearing up for a new exploration progr…
Barrick unveils major growth platform (September 23, 2002)
After laying low for the summer while its peers grabbed the limelight, Barrick Gold (ABX-T) has announced a sweeping US$2-billion expansion program that would see four projects come on-stream in the n…
Freewest steps up gold search in New Brunswick
The exploration efforts of Freewest Resources Canada (FWR-V) in the Clarence Stream area of southwestern New Brunswick continue to demonstrate the potential of an emerging camp of granite-related gold…
News – 23-SEP-02
To move a mountain
The timing was ironic and largely unnoticed, but it was indeed interesting to note that at the same time the Montana State Legislature was meeting in Helena to fix a US$50-million hole in the state bu…
Lending Rates (September 23, 2002)
as of 4 pm ET, Sept. 17, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.83LIBOR US$ 6-month1.83LIBOR US$ 1-year1.99Gold lease 3-month0.28Gold lea…
Base metals enjoy rally
Sept. 9-13 at a Glanceo Copper — The large net short could enable a rally on a sustainable basis if the economy improves.o Aluminum — U.S. demand data are still weak but show possible early signs of…
NAME CHANGES (September 23, 2002)
Tellis Gold Mining (TLL-V) has changed its name to Bannockburn Resources (BKN-V) on a 1-new-for-3-old-share basis.Brazilian International Goldfields (BGZ-V) has changed its name to…
Aussie success drives LionOre’s growth
Perth, Australia — The last couple of years have been stellar ones for LionOre Mining International (LIM-T). Through timely acquisitions and a string of grassroots discoveries in Western Australia, t…