Toronto Stock Exchange (October 01, 2007)
The S&P-TSX Composite Index rose 148.42 points to 13,958.28 over the Sept. 18-25 trading period. The Global Gold Index gained 12.28 points to 306.96 while the price of gold reached US$737 per oz. …
Articles by Northern Miner Staff
Canadian Gold Mutual Funds (October 01, 2007)
Fund name Sept. 24($) Sept. 17($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 28.94 27.79 1.15 4.1 8.2 2.61 615.8 Altamira Pr & Str Mtl 12.71 11.97 0.74 6.2…
International Quotes (October 01, 2007)
Australia (A$) Sept 24 Sept 17 Change Bendigo Mining 0.31 0.32 -0.01 Centamin Egypt 1.32 1.18 0.14 Emperor Mines 0.07 0.07 0.00 Kingsgate Cons. 5.25 5.33 -0.08 Lion Selection Ltd…
U.S. Markets Sept. 18-24
United States equity markets got their wish on Sept. 18, when the Federal Reserve Bank cut its interest rate by half a point, to 4.75%. Stocks, which had already been going up in anticipation of a rat…
LME Warehouse Levels (October 01, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 24, 2007 (change from Sept. 17 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, Sept. 25, 2007
Precious Metals Price (US$/oz.) Change Gold $727.70 +10.00 Silver $13.28 +0.32 Platinum $1336.00 +37.00 Palladium $340.00 +9.50 Base Metals Price (US$/lb.) Change Nickel $14.81 +1.57 Lead $1.60 +0.16 Copper $3.66…
Sweetened Bid Sways Meridian
Denver, Colo. — Following a third boost to its takeover bid for Meridian Gold (MNG-T, MDG-N), Yamana Gold (YRI-T, AUY-N, YAU-L) has finally won the backing of Meridian’s board, turning a hostile bid …
Lending Rates (October 01, 2007)
as of 9 a.m. ET, September 25, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.50 Canadian Prime 6.25 U.S. Discount Primary 6.00 U.S. Fed Funds market rate 5.00…
Mineralization Discovery Lifts VMS Ventures
Shares of VMS Ventures (VMS-V, VMSTF-O) shot up 63.6% on news of a significant discovery of volcanogenic massive sulphide (VMS) mineralization at its Reed Lake property, in Manitoba.
BID-ASK — Sept. 18-24, 2007
STOCK EXC BID ASK LAST HIGH LO Afrasia Minl F V 0.315 0.41 0.35 0.55 0.265 Allyn Res V 0.05 0.06 0.05 0.105 0.05 Andean Am Mng V 0.67 0.71…
Banro’s Twangiza North Extension Shapes Up
Vancouver — A northern extension of the Twangiza deposit is returning strong gold grades for Banro Resources (BAA-T, BAA-X) as the company moves the project through a prefeasibility study in the Demo…
Adanac Looks to Lead New Moly Producers
Once a halt on trading was lifted, Adanac Molybdenum (AUA-T, AUAYF-O) shares were free to move up the market on news that the company had secured the environmental assessment certificate for its Ruby …