McWatters Mining Inc

Broad market forges ahead, golds left behind

Sparked in part by a rally in Nortel Networks, buyers pushed the S&P/TSE composite index 243.28 points higher over the Jan. 14-20 report period. The bourse ended the period at 6,623.62, or 2.9% greate…




McWatters limps to another quarterly loss

Troubled Quebec miner McWatters Mining (MWA-T) limped to a net loss of $5.9 million for the three months ended Sept. 30.The loss translates into a penny per share, and compares with a year-earlier los…


McWatters sells Kiena gold operation

Looking for cash to help in its bid to revitalize the struggling Sigma-Lamaque open-pit gold mine, McWatters Mining (MWA-T) has agreed to sell its nearby Kiena mine complex on Parker Island, west of V…


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…


McWatters pulls plug at Sigma-Lamaque

McWatters Mining (MWA-T) has ceased mining at its money-losing Sigma-Lamaque open-pit operation in Val d’Or, Que. Milling, however, will continue until all stockpiled ore has been processed.Meanwhile,…


Metal traders run down gold

Gold bugs caught a chill in the first week of October: by the morning of Oct. 7, an ounce of the yellow metal was fetching US$376.20 in London markets, or US$8.30 less than a week earlier. Silver fare…


Prospector George Harkin examines drill core the from Expo-Ungava property in northern Quebec. The drill program was financed in part by issuing 1.05 million flow-through units in February.

Flow-through funds jump start juniors

Vancouver — Taking advantage of one of the last remaining officially sanctioned tax incentives in Canada, mineral exploration companies listed on the TSX Venture Exchange raised $41.1 million in flow…


Broad market slips as gold miners rise

The Standard & Poor’s/TSX composite index began the Aug. 20-26 report period on a high note, only to succumb to bearish mentality by its close. The result was a value reduction of 32.09 points, as the…


Holiday hangover overcomes market

The holiday-shortened July 30-Aug. 5 report period was marked by more sellers than buyers, causing the Toronto Stock Exchange composite index to slip 37.81 points and land at 7,180.54.Gold reversed co…


People (August 04, 2003)

Barker Minerals — Sean McKinley appointed exploration manager.Diamondex — Christopher Mitchell appointed CFO.First Point Minerals — Christopher Mitchell appointed CFO and secretary.


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