Trading Summary (May 05, 2003)
The Toronto Stock Exchange gained 41.56 points to end Monday’s trading session at 6,659.67 with only the real estat…
News
Golden Star rakes in record revenues
Record production from the Prestea open pit gold mine in Ghana, and significantly better gold prices, let Golden St…
NovaGold eyes asset spin off
Vancouver Busy advancing its core gold holdings in Alaska, NovaGold Resources (NRI-T) has teamed up with Viceroy…
Odessey bags Baskil
Vancouver The new Anatolides partnership between junior Odessey Resources (ODY-V) and major BHP-Billiton (BHP-N)…
BacTech gives Tonkin Springs a try (May 05, 2003)
Canadian-Australian junior BacTech Enviromet (YBA-V) has agreed to take a 55% interest in the past producing Tonkin…
McWatters raises more cash (May 05, 2003)
The underwriters of a public equity offering have exercised an over-allotment option, netting McWatters Mining (MWA…
Goldcorp lifts bottom line (May 05, 2003)
The turnaround in gold prices, combined with higher sales volumes, enabled Goldcorp (G-T) to overcome weaker production and record higher profits in the first quarter.Net earnings topped US$14.4 milli…
Juneau thrives on mining
The seaport city of Juneau, Alaska, owes its existence to the rich orebodies discovered there more than 100 years ago. In fact, a vast number of communities throughout the North American west were fou…
Canada made right decision
I am surprised by the number of letters you are publishing concerning the U.S. attack on Iraq. I am especially surprised by the simplistic take on Canada’s decision to remain neutral, as lamentably de…
Subdued demand for copper and lead
The following is the third of four instalments culled from The Commodity Refiner, published by London, U.K.-based Barclays Capital Research. This week we offer an overview of copper and lead markets.C…
Record output powers Rio Narcea turnaround
Buoyed by record gold production from its El Valle mine in Spain, Rio Narcea Gold Mines (RNG-T) staged an impressive turnaround in 2002, earning US$9.7 million.The earnings translate into US13 per sh…
Profit-takers step in
The Toronto Stock Exchange moved lower over the report period April 23-29, with profit-taking marking the end of a rally that lasted more than three weeks. The TSX Composite index fell 37.53 points to…