Too much money can be a bad thing
For some companies, the world ends with a bang and a whimper. A long, protracted whimper.Thus it was for the giant British conglomerate Marconi, which has fallen from 8 to a low of 0.12 over the pas…
News
Major Drilling gains assets Down Under
Moncton, N.B.-based Major Drilling is acquiring Ausdrill’s exploration drilling operations in Queensland, Australia, and New Zealand.The purchase includes drilling equipment, as well as contracts wort…
IMF forecasts spur optimism
Metals prices turned in another poor performance during the report period Sept. 24-28 as fears over the global economic outlook intensified. Of the major London Metal Exchange metals, nickel and zinc …
MOST ACTIVE ISSUES, SEPT. 26-OCT.2
ExchgVol(000s)HighLowCloseChangeAlcoa*N1814131.9528.3031.95+1.91…
Noranda closes El Pachon acquisition
Noranda (NRD-T) has completed its US$30-million purchase of the El Pachon copper deposit from equal owners Cambior (CBJ-T) and Bolivian-based Minera. The project is 185 km west of San Juan, Argentina….
Trading Summary (October 05, 2001)
The golds enjoyed a strong finish to the day as traders loaded up on “safe-haven” equity just in case a shooting wa…
More sulphides uncovered at Elu (October 05, 2001)
Vancouver – A second round of mapping and trench sampling by Sherwood Petroleum (SWD-V) has enhanced the prospects…
Altius pulls high-grade at Moosehead
A recent drill hole by Altius Minerals (ALS-V) at the Moosehead property in central Newfoundland has returned high-…
Anooraq granted Platreef renewal
Vancouver – Armed with a recently closed $3.2 million financing, Hunter Dickinson-led Anooraq Resources has been gr…
Canabrava adds ground in Ontario (October 05, 2001)
Vancouver – Adding to its promising portfolio of diamond properties in Ontario, Canabrava Diamond (CNB-V) has inked…
High River increases Buryatzoloto holding
High River Gold Mines (HRG-T) has bought a further 10% shareholding in Buryatzoloto, the Russian company tha operat…
First Quantum bumps Lonshi tonnage
A new resource calculation at the Lonshi copper deposit in the Zambian copper belt may justify an expansion First Q…