GREATEST VALUE TRADED, JULY 3-9
ExchgVal($000s)HighLowCloseChangeAlcoa*N40023833.5231.8031.96-1.00…
News
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…
Alamo Dorado gets positive feasibility study (July 15, 2002)
Corner Bay Silver (BAY-T) has unveiled the results of a feasibility study on its Alamo Dorado project in Mexico’s Sonora state.The study, performed by AMEC E&C Services, tested the economics of an ope…
Rio Narcea trims debt (July 15, 2002)
Junior Rio Narcea Gold Mines (RNG-T) has taken a step towards financial freedom by repaying a multi-million-dollar credit facility with Deutsche Bank.The repayment, which comes three years earlier tha…
Ivanhoe confirms Kharmagtai’s potential
Preliminary drilling by Ivanhoe Mines (IVN-T) has confirmed the discovery of a copper-gold porphyry system in Mongolia’s South Gobi region.Known as Kharmagtai, the system was first outlined by Mongoli…
Junior Exchange bucks downtrend
Vancouver — Canada’s junior exchange managed to hold its ground while major bourses stumbled in the wake of numerous corporate fraud allegations. The S&P TSX Venture Exchange composite index closed t…
TSE Short Positions (July 15, 2002)
Short positions outstanding at June 30, 2002Larger individual positions includeAgnico-Eagle 5,315,262 up 250,485; Alcan 1,887,771 up 399,501; Aurado 360,000 up 99,686; Aurora Pla…