News
Gold Fields, Outokumpu expand Finnish PGM play
Feasibility, local support augur well for Arctic Platinum projectWith a mandate to grow and diversify geographically, management of South Africa’s Gold Fields (GOLD-Q) is optimistic about the potentia…
GREATEST VALUE TRADED, APRIL 3 – APRIL 9
ExchgVal($000s)HighLowCloseChangeAlcoa*N62718438.1536.0537.38-0.53…
OSC charges Lydia Diamond
The Ontario Securities Commission has ordered a hearing into alleged violations of the Securities Act by executives of Lydia Diamond Exploration (LDIA-C).The Commission alleges that the couple who ser…
PEOPLE (April 15, 2002)
Alcoa — Carlos Ghosn appointed director.Crew Development — Jan Vestrum appointed president and CEO.Cumberland — Brad Thiele appointed vp, Meadowbank project development.Dia…
Northern Miner Indices (April 15, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…
TSE Shorts (April 15, 2002)
Short positions outstanding at March 31, 2002Larger individual positions includeAgnico-Eagle 4,206,836 up 1,024,854; Alcan 839,999 down 529,538; Ashton Mining 779,428 up 287,918;…
Sultan confirms continuity at Kena (April 15, 2002)
Vancouver — Drilling by Sultan Minerals (SUL-V) at the Kena property in southeastern British Columbia has confirmed the presence of high-grade mineralization in the Gold Mountain zone.The program con…
De Beers denies hidden agenda
De Beers is defending itself against allegations of monopolistic behaviour toward a black empowerment group.The major’s relationship with New Diamond Corp. (NDC) came into question after the Johannesb…
LME Warehouse Levels (April 15, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 9 (change from April 2 in brackets):MetalStock (tonnes)ChangeAluminium1042825(+…
AIM steps up marketing drive in Canada
Fresh from a marketing coup in Australia, representatives of the London Stock Exchange’s Alternative Investment Market (AIM) are wooing Canadian juniors that might benefit from a London listing.AIM is…
CDNX slumps on low volume
Vancouver — The trading volume of Canada’s junior exchange fell to levels not seen since January during the report period ended April 9, as investors found little reason to buy stocks. The Standard &…