Western markets lose ground in shaky market
Vancouver — Canada’s junior exchange staggered through a lacklustre week of trading with no clear direction. When all was said and done, the TSX Venture Exchange composite index lost 4.99 points, or …
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MOST ACTIVE ISSUES, AUGUST 7-13
ExchgVol(000s)HighLowCloseChangeKinross GoldT162743.032.772.85+0.06…
GREATEST VALUE TRADED, AUGUST 7-13
ExchgVal($000s)HighLowCloseChangeAlcoa*N38326326.5024.1125.33+0.36…
Brian Davidson
Brian Davidson, former chief executive officer of Armistice Resources, died earlier this year. He was 58.Davidson became interested in mining when he was a stockbroker with Bache Securities in Toronto…
CAMESE holds AGM
Patrick Evans, president of SouthernEra Resources, will speak at the annual meeting of the Canadian Association of Mining Equipment and Services for Export (CAMESE), scheduled for Aug. 21 at the Royal…
SouthernEra expands presence in Bushveld
SouthernEra Resources (SUF-T) and its South African-based partner, Mvelaphanda Resources, are preparing to explore three platinum group metals properties in the Bushveld igneous complex.Dubbed Rooibok…
Lending Rates (August 19, 2002)
as of 4 pm ET, Aug. 13, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.73LIBOR US$ 6-month1.69LIBOR US$ 1-year1.74Gold lease 3-month0.28Gold leas…
Pacific Rim cuts high-grade at El Dorado (August 19, 2002)
Vancouver — Pacific Rim Mining (PMU-V) has cut high-grade gold at the El Dorado project in El Salvador.The announcement follows the receipt of assay results for the bottom 70 metres of hole P02-204, …
Imperial Metals cuts high grade at Sterling (August 19, 2002)
Vancouver — Imperial Metals (III-V) has released high-grade assay results from the first three holes drilled in a 6-hole program at the Sterling mine, near Beatty, Nev.The diamond drill program teste…
LME Warehouse Levels (August 19, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 13 (change from August 6 in brackets):MetalStock (tonnes)ChangeAluminium1297275…
Verena eyes Russian gold (August 19, 2002)
Toronto-based Verena Minerals (YVM-V) will acquire a 60% interest in the Bamsky and Vladimirsky gold deposits in Russia from a group of vendors including Nordic Resource Group, Apsakan, Tokuringra Joi…
TSE Short Positions (August 19, 2002)
Short positions outstanding at July 31, 2002Larger individual positions includeAgnico-Eagle 5,867,009 up 808,433; Alcan Inc. 871,161 down 324,145; Aur Resources 579,245 down 56,116;…