Canadian Stock Exchange Indices (November 17, 2003)
DateNov. 10Nov. 7Nov. 6Nov. 5Nov. 4HighLowTSX Composite7815.46…
Articles by Northern Miner Staff
Haywood buys piece of Planet (November 17, 2003)
A bought-deal financing with Haywood Securities all but assures Planet Exploration (PXI-V) of $5 million in gross proceeds.The private placement, which requires exchange approval to proceed, entails 3…
Spot Prices Tuesday, Nov. 11, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$386.40+8.10Silver$5.06+0.13Platinum$760.00+18.00…
LME Warehouse Levels (November 17, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 10 (change from Nov. 3 in brackets):MetalStock(tonnes)ChangeAluminium1366750(-70…
Western markets coast on previous gains
The venture markets took a breather during the report period Nov. 5-11, with the S&P-TSX Venture Exchange composite index rising a modest 11.13 points to finish at 1,602.48.Probe Mines made the bigges…
Canada leads way as exploration spending rises
Worldwide spending on mineral exploration has increased for the first time since its peak in 1997, according to the Metals Economics Group (MEG).The recent edition of the group’s Corporate Exploration…
Grasberg update will affect copper markets
The key event in recent base metals markets is Freeport-McMoRan Copper & Gold’s (FCX-N) update on the status of its recovery efforts from the landslide at its Grasberg mine in Indonesia.Some of the mi…
Producer and Dealer Prices (November 17, 2003)
Antimony: Mid-mkt US$2,050/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$11.60-13.50/lb.Copper: Comex Dec. US$0.9445/lb.Indium: Indium Corp., ingot, US$265/kg.Irid…
Majors top up their tills
Vancouver — More consolidation in the gold sector could be in the offing, given that two of the world’s largest producers have gone to the market to top up their tills.South Africa’s Gold Fields (GFI…
Mustang expands Bannockburn showing (November 14, 2003)
Continued chip and grab sampling by Mustang Minerals (MUM-V) have returned more high-grade nickel values from the B…
Trading Summary (November 14, 2003)
With gold testing the US$400-an-oz. marker, Toronto’s gold index rose 2.6 points to 218.2 on Friday. The yellow met…
Appeal court upholds Troilus award
The British Columbia Court of Appeal has dismissed an appeal by Homestake Canada, a subsidiary of Barrick Gold (ABX…