News

Mines left out of U.S. rally

U.S. equity markets pulled out of a long slide on Oct. 14 and 17, finishing the reporting period Oct. 11-17 a little higher. The Dow Jones Industrial average gained 1%, finishing at 10,348.10 points,…


TSX suffers resource slump

The Toronto Stock Exchange lost another 58.71 points to end the Oct. 11-17 report period at 10,553.44. The gold index plunged 8.12 points, or 3.7% to 212.2 points as the yellow metal edged US$1.80 per…


Spot Prices Tuesday, Oct. 18, 2005 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $473.00 -2.50
Silver $7.78 +0.02
Platinum<...


Venture market juniors take their lumps

Despite continued buoyant metal prices, the S&P-TSX Venture Composite Index continued to shed recent gains, dropping 2.6%, or 54.82 points, to close the Oct. 11-17 trading session at 2063.15. Aver…




Exchange Rates (October 24, 2005)



CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Date Oct. 17 Oct. 14 Oct. 13 Oct. 12

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Dianor Resources President John Ryder (right) shows visitors the Lena Creek drainage basin near Wawa, Ont., where prospector Joe Leadbetter found diamonds while panning.

Dianor explores Wawa diamond find

Wawa, Ont. — The Wawa area on the north shore of Lake Superior has been the site of diamond exploration for over 20 years, with millions of dollars spent….



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Date Oct. 17 Oct. 14 Oct. 13 Oct. 12 Oct. 11 High Low
S&P/TSX-Ven Comp 2035.21 2063.15