Anglo American plc

Juniors feel pinch as gold drops

During the Oct. 27-Nov. 2 report period, TSX Venture Exchange-listed companies traded lower as a group as the gold price lost ground, owing to a strengthening U.S. dollar. The S&P-TSX Venture Exchange index was down 54.38 points, or some 3%, durin…


Anglo, Knight to keep at it in Ungava

Recent drill results may have disappointed the stock market, but joint-venture partners Anglo American (AAUK-Q) and Knight Resources (KNP-V) still plan a large exploration program next year on their West Ragla…


Gold near 16-year high, keeps market active

The S&P-TSX Venture Composite Index, along with its junior miner-explorer component, had a relatively even week, closing out the Oct. 20-26 trading period at 1,652.62, up just over two points from the previous week’s close. The session saw average…



Juniors hang on despite mixed metals prices

TSX Venture Exchange-listed companies were about even as the gold price climbed higher, owing to a weakening U.S. dollar. The S&P-TSX Venture Exchange index was down 25 points during the trading period of Oct. 13-19, compared with the previous wee…



Anglo to sell HBM&S to Ontzinc for $325m

The Manitoba-based operations of Hudson Bay Mining & Smelting could be sold to tiny Venture-listed Ontzinc (OTZ-V) if a new deal with Hudson Bay’s parent goes through.



Ontzinc top bidder on HBM&S

The whispered auction for Anglo American’s (AAUK-Q) Canadian operation, Hudson Bay Mining and Smelting, has ended w…


Miners a haven in weak market

U.S. stock markets turned downward in the report period Sept. 22-28 amid generally gloomy news on consumer spending and durable goods orders, and on a further decline in leading economic indicators. The Dow Jones Industrial Average was off 1.6% at…


Base metals looking better

Stock markets south of the border moved sideways over the trading period Sept. 15-21, with a quarter-point interest rate increase by the Federal Reserve making little impact on share prices. The Dow Jones Industrial Average was off fractionally at…



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