Bema drills Kupol (July 12, 2004)
Vancouver — Drilling by
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LME Warehouse Levels (July 12, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 5 (change from June 28 in brackets):…
Daily Metal Prices (July 12, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Fed raises rates
The June 29-July 5 trading period was quiet, owing to the July 4th celebrations, which closed the markets on Monday, July 5. The Dow Jones industrial average dropped 74.26 points to 10,282.38 while the S&P 500 index slipped 7.97 points to 1,125.38…
Juniors struggle as gold falls below US$400
The gold price moved below US$400 per oz. and toward the US$390-per-oz. level near the end of the holiday-shortened June 29-July 6 period, closing at US$394.50 in New York. The TSX Venture Exchange composite index closed down slightly, losing 11 p…
Soho focuses on large scale potential at Tahuehueto
Vancouver Underground sampling results on Soho Resources’ (SOH-V) Tahuehueto project shows strong gold, silver, l…
SpectrumGold shareholders approve NovaGold’s offer
Vancouver – Shareholders of SpectrumGold (SGX-T) have given the company an overwhelming thumbs-up to the proposed b…
Iamgold seeks suitors, Wheaton not talking
Fresh off losing its bid to join forces with Wheaton River Minerals (WRM-T), Iamgold (IMG-T) says it has set up a s…
Newmont to restate cash flow
Gold mining behemoth Newmont Mining (NEM-N) will restate its cash flow for 2002, 2003, and the first quarter of 200…
Trading Summary (July 09, 2004)
The Toronto Stock Exchange’s gold index rebounded from an early dip to end 2.07 points higher at 208.17. The climb…
Ivanhoe bolsters coffer with $140 million financing
Vancouver – Ivanhoe Mines (IVN-T) has successfully closed an equity financing for $140 million, consisting of 20 mi…
Cerro Casale’s financeability questioned
Vancouver – Arizona Star (AZS-V) and Bema Gold (BGO-T) are threatening to go to arbitration to get back Placer Dom…