Sherritt stokes the fire
With Fording (FDG-T) shareholders set to vote on their company’s three-way plan to convert to an income trust on Ja…
News
Repadre shareholders okay merger
Repadre Capital’s (RPD-T) shareholders have given the nod to a plan that would see their company merge with Markham…
International Curator readies drills at Assean Lake
International Curator Resources (IC-T) is gearing up for a winter exploration program on its 60% owned Assean Lake…
Trading Summary (January 06, 2003)
Toronto’s Gold Index dropped 3.16 points to finish Monday’s session at 202.07 as the yellow metal came off an early…
European mission raises profile of central Newfoundland
A mining trade mission that visited Europe in early autumn 2002 to drum up interest in central Newfoundland’s resource potential has proved successful, according to the president of the Newfoundland a…
AMEC wins Meadowbank contract
Vancouver — AMEC has been hired to study the feasibility of mining the Meadowbank gold deposit in Nunavut. Situated 70 km north of Baker Lake, the property is owned by Cumberland Resources (CBD-T).Th…
Band-Ore readies drills at Thorne (January 06, 2003)
Having raised $500,780 via a non-brokered private placement of flow-through shares and warrants, Band-Ore Resources (BAN-T) is about to intensify drilling at its wholly owned Thorne gold property, 20 …
Canadian Stock Exchange Indices (January 06, 2003)
DateDec. 30Dec. 27Dec. 26Dec. 25Dec. 24HighLowTSX Composite6617.55…
Lending Rates (January 06, 2003)
as of 4 pm ET, Dec. 19, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.40LIBOR US$ 6-month1.40LIBOR US$ 1-year1.52Gold lease 3-…
Dofasco dumps Qubec Cartier stake
Hamilton-based steel maker Dofasco has reduced its ownership stake in Qubec Cartier Mining Co., an iron ore subsidiary in Port-Cartier, Que.Dofasco has struck a deal to sell part of Qubec Cartier to…
Junior golds rally as year draws to a close
Junior gold explorers continued to drive Canada’s junior exchange higher. The S&P-TSX Venture Exchange composite index gained 41.8 points. or 4.1% of its value, to close at 1,052.29.Shares in Coral Go…
TSE composite ends flat as gold rallies
The Toronto Stock Exchange moved sideways over the holiday-shortened report period, gaining a piddly 35.21 points. The composite index ended the Dec. 23-27 period at 6,595.83.Gold maintained its momem…