Major U.S. indexes rally
Southern markets quickly regained their composure after falling back somewhat at the start of the new month. The Dow Jones Industrial Average surged ahead 294.56 points over the report period to finis…
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LME Warehouse Levels (September 16, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 10 (change from Sept. 3 in brackets):MetalStock (tonnes)ChangeAluminium1300725(…
Placer Dome falls as it extends for Australian producer
With help from resource stocks, the Toronto Stock Exchange Composite index climbed 90.72 points over the Sept. 4-10 report period to end the week at 6,544.22.Bolstered by higher bullion prices, the go…
MOST ACTIVE ISSUES, SEPTEMBER 4-10
ExchgVol(000s)HighLowCloseChangeKinross GoldT473853.633.223.56+0.30…
Producer and Dealer Prices (September 16, 2002)
Antimony: Recent trades US$1,950-2,150/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.50/lb.Copper: Comex Dec US$0.709/lb.I…
Canadian Stock Exchange Indices (September 16, 2002)
DateSept. 10Sept. 9Sept. 6Sept. 5Sept. 4HighLowTSX Composite6544.226522.226479.756484.946517.7…
Northway ups stake in Jonpol
Recent insider trading transactions reported by the Ontario Securities Commission include the following:- Alamos Minerals (AAS-V) — Chester Millar, director, bought 63,000 shares at 42-75 apiece an…
Sultan deals Kena to Kinross (September 16, 2002)
Vancouver — Frank Lang-led Sultan Minerals (SUL-V) has inked a deal paving the way for Kinross Gold (K-T) to earn a majority stake in the Kena gold project near Nelson, British Columbia.Under the agr…
South Am dusts off Pimenton
With gold looking comfortably entrenched above US$300 per oz., South American Gold and Copper (SAG-T) has joined a chorus of miners dusting off old gold projects by completing a preliminary feasibilit…
Obituary: Richard Geren
Richard Geren, largely responsible for the development of the iron ore industry in the Schefferville region of Quebec in the 1950s, has died. He was 85.After graduating from Ohio State University with…
Japan considers coal import tax
Japan, one of the world’s largest coal importers, is proposing a tax on coal imports designed to encourage the country’s steel industry and power utilities to move towards “greener” fuels such as natu…
Red Lake exploration shines
Underground drilling at the Red Lake gold mine in northwestern Ontario has cut the deepest and richest section of mineralization ever found there, reports Goldcorp (G-T).Hole 37-032AW returned an asto…