Golds up in U.S.
With gold trading once again above US$300 per oz., the U.S.-listed majors turned in a strong performance over the report period ended April 23.Newmont Mining advanced 99 to US$29.24; AngloGold rose $…
News
MOST ACTIVE ISSUES, APRIL 17-23
ExchgVol(000s)HighLowCloseChangeKinross GoldT158662.472.112.40+0.21…
GREATEST VALUE TRADED, APRIL 17-23
ExchgVal($000s)HighLowCloseChangeBarrick GoldT45957730.2228.0230.04+1.98…
Steam-assisted gravity drainage makes debut
The use of steam and gravity to dislodge oil from the tar sands underlying Alberta and Saskatchewan is gradually becoming an accepted recovery technique as pilot projects mature into commercial operat…
Canadian Oil Sands earnings hit by lower oil price
The Syncrude project’s second-largest shareholder is not an oil company at all. But year-end found the Canadian Oil Sands Trust (COS.UN-T) taking an earnings hit similar to that suffered by the large …
Atacama speeds up expansion
Vancouver — With its Aguas Blancas iodine mine in Chile running smoothly, Atacama Minerals (AAM-V) is arranging a US$3.5-million revolving credit facility to boost production.The credit facility will…
Producer and Dealer Prices (April 29, 2002)
Antimony: Mid-mkt US$1,260/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.70-7.70/lb.Copper: Comex May US$0.7315/lb.Indium: Indi…
Carlin trend produces 50-millionth oz.
The Carlin trend in Nevada has joined such venerable gold camps as Timmins, Ont., South Africa’s Witwatersrand and Uzbekistan’s Muruntan as the latest in the world to produce 50 million oz. gold.The t…
Miramar hits targets despite setback
Vancouver — During the first quarter, Miramar Mining’s (MAE-T) operations at Yellowknife, N.W.T., were well on their way to establishing a solid base for a productive year. However, the temporary sus…
Insiders bask in hot resource sector
Recent insider trading transactions reported by the Ontario Securities Commission include the following:- Barrick Gold (ABX-T) — Brian Mulroney, director, exercised 237,500 options indirectly at $22….
Uranium Power targets basement rocks for oil
Vancouver — Uranium Power (URMP-C) is searching for oil under the Athabasca Oil Sands near Fort McMurray, in northern Alberta.The Athabasca Oil Sands deposit is the world’s largest hydrocarbon deposi…
Aurizon turns to Casa Berardi for growth
Aurizon Mines (ARZ-T) continued to pile up losses during 2001 as it wound down existing operations and turned its attention to developing the promising Casa Berardi project in nortwestern Quebec.For 2…