Price squeeze has base metal issues jumping
Toronto equities were little-changed over the report period Dec. 3-9, a modest gain of 48.34 points putting the TSX Composite index at 7,975.94. The base metal and gold stocks headed in opposite direc…
Alcan Inc
People (October 27, 2003)
Alcan — Christine Morin-Postel appointed director;Alcoa — John Pizzey, VP and group president of primary products, will retire in early 2004; Pizzey will be succeeded by Bernt Reitan.APAC…
Cambior, Ariane kindle merger mania
The Toronto Stock Exchange’s gold index gave back its recent gains, and then some, during the report period ended Sept. 30, as the yellow metal yo-yoed its way US$3 per oz. higher to an afternoon fix …
Alcan bid approved
The European Commission has given the green light to Alcan’s (AL-T) 4-billion-euro takeover of French rival Pechiney (PY-N), but not without some strings attached.In its investigation of the proposed …
Pechiney says oui to sweetened deal
French aluminum producer Pechiney has accepted a new sweetened takeover offer from Alcan (AL-T).The new cash-and-share offer is worth 47.50 euros per share and includes a bonus of 1 euro per share, pr…
Pechiney snubs Alcan sweetener (September 08, 2003)
Alcan (AL-T) has taken a sweetened takeover bid for Paris-listed Pechiney off the table after the latter rejected the bid as too low.The French aluminum maker says the revised bid of 47-48 euro per sh…
Alcan submits formal bid for Pechiney
Alcan (al-t) has submitted its 3.4-billion-euro bid for French rival Pechiney to the European Commission. The Montreal-based aluminum giant had launched its hostile bid in early July but held off form…
Alcan attempts takeover of Pechiney
Looking to cut costs and entrench itself in the aerospace supply industry, Montreal-based aluminum giant Alcan (AL-T) is taking another run at French rival Pechiney (PY-N) via a cash-and-stock offer t…
People (March 24, 2003)
Alcan — Denis Desautels and Milton Wong selected as candidates for election to board of directors.Alcoa — Mohammad Zaidi appointed chief technical officer.Arch Coal — Bennett Hatfield…
PEOPLE (October 14, 2002)
Alcan — William Loomis Jr. appointed director.Anglo American — David Hathorn, Andrew Thompson and Simon Thompson appointed directors.Crew Development — Wolf Seidler appointed COO.
TSE Short Positions (October 14, 2002)
Short positions outstanding at September 30, 2002Larger individual positions includeAber Diamond 266,148 up 166,101; Agnico-Eagle 5,281,468 down 638,517; Alcan 807,019 down 297,537;…
TSE Short Positions (September 30, 2002)
Short positions outstanding at September 15, 2002Larger individual positions includeAgnico-Eagle 5,919,985 up 253,219; Alcan 1,104,556 up 277,453; Barrick 7,940,421 down 416,532;…