Alcoa receives award
Alcoa Foundation, the charitable arm of Pittsburgh, Pa.-based Alcoa, one of the world’s largest aluminum refiners, has received an award from the Tennessee Department of Environment and Conservation (…
News
34 die in Ukrainian coal mine
A fire in Ukraine has claimed the lives of 34 miners, bringing the country’s death toll from mining-related accidents to nearly 150 this year.Thirty of the miners were in a trolley descending into the…
Kinross no longer Greystar insider
Recent insider trading transactions reported by the Ontario Securities Commission include the following:o Alamos Minerals (AAS-V) — Chester Millar, director, bought 70,000 shares at 39-57, sold 139,…
Central Fund closes US$48.5m share issue
Central Fund of Canada (CEF.A-T), a precious metals holding company based in Calgary, has sold 11.6 million class A shares to a syndicate of underwriters led by CIBC World Markets. The proceeds total …
MOST ACTIVE ISSUES, JULY 3-9
ExchgVol(000s)HighLowCloseChangeKinross GoldT275113.473.033.46+0.02…
GREATEST VALUE TRADED, JULY 3-9
ExchgVal($000s)HighLowCloseChangeAlcoa*N40023833.5231.8031.96-1.00…
Aurizon buys out TVX royalty
Aurizon Mines (ARZ-T) has paid $5 million in cash for TVX Gold’s (TVX-T) residual interest in the Casa Berardi property in northwestern Quebec.The residual interest consisted of an outstanding $3.9-mi…
Canadian heavyweights kicked off S&P 500
The July 3-9 report period ended with a surprise bang, when Standard & Poor’s announced that it was removing Alcan, Barrick Gold, Placer Dome and Inco from its S&P 500 index…
SouthernEra recovers gems
The first hole drilled into the Sue kimberlite pipe in the Northwest Territories has yielded 95 diamonds for SouthernEra Resources (SUF-T).Sue is part of the Yamba Lake property, in which SouthernEra …
Fording to get more for less
Calgary-based Fording Coal, the country’s largest coal producer, says it will charge more for its coal this year but sell less of it.The company expects prices will be about 10% higher than the averag…
US markets stay weak
Stock markets in the U.S. were little-changed over the holiday-shortened trading period July 3-9. Over four trading days, the Dow Jones Industrial Average managed a 1% gain, to 9,096.09 points, while …
Canadian Stock Exchange Indices (July 15, 2002)
DateJuly 9July 8July 5July 4July 3HighLowTSX Composite7034.847091.987112.467029.787024.08…