Spot Prices Wednesday February 12, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$363.15-21.85Silver$4.57-0.36Platinum$692.00+3.00…
2003
Canadian Stock Exchange Indices (February 17, 2003)
DateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5HighLowTSX Composit…
Falconbridge soars
Falconbridge (FL-T) recorded hefty profits for both the fourth quarter and 2002.The company earned $73 million (or 34 per share) in 2002 on revenue of $2.4 billion, compared with earnings of $16 mill…
Editorial Cartoon (February 17, 2003)
Pyhasalmi saves Inmet
Facing ground problems at its Cayeli mine in Turkey and difficulties in shipping concentrates from Ok Tedi in Papua New Guinea, Inmet Mining (IMN-T) still turned a fourth-quarter profit, thanks to goo…
Fragmented securities regulation bad for Canada One law, one day?
The political scientist Eugene Forsey (1904-1991) — one of the few people ever able to turn a discussion about tax points into a vivid tableau — once suggested that a suitable flag for Canada would …
Trading Summary (February 14, 2003)
The market was Blixed into a rally early on Friday, when the avuncular alopecic in charge of United Nations arms in…
South-Malartic extends high-grade shoot at Croinor
Junior South-Malartic Exploration (MSU-V) has exteded a high-grade shoot at its Croinor gold project near Val d’Or,…
Golden Star closes $51m financing (February 14, 2003)
Golden Star Resources (GSC-T) has completed its over-subscribed, bought-deal offering, and raked in gross proceeds…
Goldminco picks up Aussie assets
Vancouver The takeover of AurionGold by Placer Dome (PDG-T) has paved the way for Goldminco (GCP-V) to pick up 2,…
Canico takes hold in Brazil
Vancouver — Canico Resource (CNI-V) has raised enough funds to acquire Inco’s (N-T) Onca-Puma nickel laterite proj…
Glamis completes sale of Cerro San Pedro project
Vancouver — Reno-based Glamis Gold (GLG-T) has completed the sale of its 50% interest in the Cerro San Pedro proje…