Resource stocks turn cold in new year
Although still 14% lighter than a year ago, the Toronto Stock Exchange composite index gained a hefty 155.16 points over the Dec. 31-Jan. 7 report period to finish at 6,772.66.Gold nosedived at first,…
Barrick Gold Corporation
2002 marked by further consolidation
It did not feel as momentous as 2000 or 2001, when we saw the creation of several global mining giants, but 2002 was full of smaller-sized mergers, particularly in the precious metals sector.Among the…
GREATEST VALUE TRADED, DEC. 23-27
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N28053530.1528.6529.73+1.12…
MOST ACTIVE ISSUES, DEC. 23-27
ExchgVol(000s)HighLowCloseChangeCaledonia Mng*Q146600.310.200.27+0.07…
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…
European mission raises profile of central Newfoundland
A mining trade mission that visited Europe in early autumn 2002 to drum up interest in central Newfoundland’s resource potential has proved successful, according to the president of the Newfoundland a…
Spike in gold price among highlights of 2002 Retrospection
The previous occupant of the editor’s chair here took to naming years for their characteristics. It was a useful way to encapsulate the mood of the year past, a metaphor for what fate dealt out each t…
Alcoa to upgrade Baie-Comeau
Pittsburgh, Pa.-based Alcoa (AA-N) intends to spend $1 billion upgrading its smelter in Baie-Comeau, Que., to begin in late 2003.Under a deal with the Quebec government, the aluminum giant will invest…
GREATEST VALUE TRADED, DEC. 11-17
ExchgVal($000s)HighLowCloseChangeGoldcorp*N1230013.5910.9212.48+1.63…
Barrick to open up Andean gold district
To jump-start development of a 39-million-oz. gold district in the high Andes along the border between northern Argentina and Chile, Barrick Gold (ABX-T) has committed to spending about US$425 million…
Silver producers jostle for investors’ attention
At the Autumn Precious Metals Seminar, held recently in Toronto and co-sponsored by the Silver Institute and Gold Fields Mineral Services, representatives of five North American silver producers gave …
MOST ACTIVE ISSUES, DEC. 11-17
ExchgVol(000s)HighLowCloseChangeKinross GoldT503273.742.873.25+0.37…