Exchange Rates (July 07, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 1June 30June 27June 26June 25US$ in C$Holiday1.35531.34891.3…
News
Ashton finds 4-carat diamond (July 07, 2003)
While preparing to process a kimberlite breccia sample taken this past winter during mini-bulk sampling on the Renard 65 pipe in the Otish Mountains of Quebec, Ashton Mining of Canada (ACA-T) found a …
USEPA statistics put mining in a bad light Please release me
Horrors! Those hideous mining barons are at it again. How can they be so callous?When they’re not suffering from the vapors over Iraqi quagmires and museum lootings, speculating on which ex-spouse wil…
Teck Cominco eyes diamonds on Victoria Island
Vancouver — Teck Cominco (TEK-T) has inked a deal with Diamonds North Resources (DDN-V), paving the way for the world’s largest zinc producer to earn up to a 70% interest in the Blue Ice diamond prop…
Lending Rates (July 07, 2003)
as of 4 pm ET, July 1, 2003(%)Bank of Canada3.50Canadian Prime5.00U.S. Discount Primary2.00U.S. Fed Funds market rate1.1875U.S. Prime4.25LIBOR US$ 3-month1.11LIBOR US$ 6-month1.12LIBOR US$ 1-y…
Insider Trading: Sodemex trims Aurizon account
Recent insider trading transactions reported by the Ontario Securities Commission include the following:– Agnico-Eagle Mines (AGE-T) — Leanne Baker, director, bought 2,500 shares at US$10.45 to hold…
Twenty-Five Years Ago / July 1978
PQ mum on Asbestos takeoverQuebec government spokesmen are silent on reports that a New York investment firm hired by the province to evaluate the assets of Asbestos Corp. has set a price of US$60 a s…
Spot Prices Wednesday July 2, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$351.203.35Silver$4.560.05Platinum$673.003.00Pall…
SWG takes aim at Liam
Vancouver — Southwestern Resources (SWG-T) has launched a 2,000-metre drill program on the Liam silver property in southern Peru.The program is designed to test diatreme breccias associated with high…
Producer and Dealer Prices (July 07, 2003)
Antimony: Mid-mkt US$2,380/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$10.15-11.00/lb.Copper: Comex Sept. US$0.751/lb.Indium: Indium Corp., ingot, US$140/kg.Irid…
Canadian Stock Exchange Indices (July 07, 2003)
DateJuly 1June 30June 27June 26June 25HighLowTSX CompositeHoliday…
Stronger loonie affects PCS
Responding to the stronger Canadian dollar, Potash Corp. of Saskatchewan (POT-T) has lowered its earnings expectations for the second quarter.The world’s biggest producer of fertilizer says earnings w…