Broad market flops as gold surges
The S&P-TSX composite index continued its downward spiral over the Feb. 19-25 report period, slipping 89.45 points to 6,503.10.Not even a surge in spot gold could save producers: Placer Dome plummeted…
Aur Resources Inc
Golds retrench but base metals higher
The Toronto Stock Exchange was only fractionally higher through the trading period Jan. 8-14, with the composite index up 8.2 points, or 0.1% of value, at 6,810.98. Most of the market sectors moved si…
IMA adds ground in Patagonia (January 13, 2003)
Vancouver — Results from grassroots exploration have induced IMA Exploration (IMR-V) to acquire more ground in the Patagonia region of southern Argentina.Through staking, the junior added 240 sq. km,…
TSE composite ends flat as gold rallies
The Toronto Stock Exchange moved sideways over the holiday-shortened report period, gaining a piddly 35.21 points. The composite index ended the Dec. 23-27 period at 6,595.83.Gold maintained its momem…
Canadian Mining Hall of Fame honours Cobalt pioneers, three others
The four men who discovered silver in the woodlands of Cobalt, Ont., at the turn of the last century are among seven new inductees into the Canadian Mining Hall of Fame, all of whom will be honoured a…
MacDonald exec takes a loss
Recent insider trading transactions reported by the Ontario Securities Commission include the following:n Aur Resources (AUR-T) — Jorge Carey, director, bought 44,500 shares indirectly at US$2.15 or …
Cancor eyes Turgeon project
Cancor Mines (KCR-T) has agreed to acquire Aur Resources’ (AUR-T) 49% stake in the Turgeon polymetallic project in Quebec.To acquire the stake, and attain full ownership, Cancor will issue 100,000 sha…
TSE Short Positions (August 26, 2002)
Short positions outstanding at August 15, 2002Larger individual positions includeAber Diamond Corporation 301647 down 88375; Agnico-Eagle Mines Ltd. 5573295 down 293714; Atacama Minerals Corp.
Weaker gold price puts chill in eastern markets
The Toronto Stock Exchange’s Composite Index managed to gain 105.22 points, or 1.6% of its value, to end the Aug. 14-20 report period at 6,655.29 points. The brunt of the work was done during the last…
Aur shrivels in drier copper market
Faced with weaker copper prices and lighter sales volumes, Aur Resources (AUR-T) earned three times less in the recent second quarter than in the corresponding period of 2001.Net earnings topped US$2….
TSE Short Positions (August 19, 2002)
Short positions outstanding at July 31, 2002Larger individual positions includeAgnico-Eagle 5,867,009 up 808,433; Alcan Inc. 871,161 down 324,145; Aur Resources 579,245 down 56,116;…
Bench mark, golds and base metals raised a notch
The Toronto Stock Exchange’s Composite Index traded in a narrow range over the Aug. 7-13 report period to finish modestly ahead, at 6,528.98 points. The benchmark is nearly 10 points higher than a wee…