Poor fundamentals lurk
Some market-watchers continue to suspect that the first-quarter rally in base metals prices was premature and overdone. Prices fell sharply under the pressure of long liquidation by funds on March 22,…
News
News – 01-APR-02
Tariffs or trade?
Recent moves by the United States government to protect its domestic steel industry show just how poorly the idea of free trade has worked its way into the general consciousness.Tariff protection has …
Inmet boosts Cayeli stake, closes Pyhasalmi purchase
As expected, Inmet Mining (IMN-T) has increased to 50% its interest in the Cayeli copper-zinc mine in eastern Turkey while completing its purchase of the similar Pyhasalmi mine in central Finland. The…
Permitting moves Prairie Creek forward (April 01, 2002)
Vancouver — Canadian Zinc (CZN-V) has received five more permits for exploration and development at the Prairie Creek mine and mill facility in the Northwest Territories.The property is 338 km north …
Trading Summary (March 28, 2002)
The Toronto Stock Exchange closed fractionally higher on Thursday, with the TSE 300 composite index up 15.57 points…
Noranda to shut down Gaspe
The 46-year-old Gaspe Copper smelter in Murdochville, Que., will close at the end of April, says owner Noranda (NRD…
Ashton cuts third kimberlite at Otish
Vancouver — An on going drill program by Ashton Mining of Canada (ACA-T) has hit a third kimberlite body some 200…
Cacamuya back on First Point’s radar screen (March 28, 2002)
Vancouver – The emerging gold rally has prompted First Point Minerals (FPX-V) to shift focus from platinum-palladiu…
Breakwater, Claude top up coffers
Financings have returned to the scene as two small producers, Breakwater Resources (BWR-T) and Claude Resources (CR…
Trading Summary (March 27, 2002)
The golds regained their glitter on the Toronto Stock Exchange on Wednesday soaring 297.98 points or nearly 5% to 6…
Crew tables Nalunaq resource (March 27, 2002)
Vancouver — An independent resource estimate has determined that Crew Development’s (CRU-T) Nalunaq gold project i…