Exchange Rates (January 27, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 21Jan. 20Jan. 17Jan. 16Dec. 15US$ in C$1.53301.53471.53541.5…
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Daily Metal Prices (January 27, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 21Jan. 20Jan. 17Jan. 16Jan. 15Al Alloy1410/137…
War fears fuel gold market
Vancouver — Fear of war with Iraq continued to fuel the resource market over the week ended Jan. 21. The S&P-TSX Venture Exchange composite index added 12.84 points, or 1.15% of its value, and closed…
Golds rebound, base metals sink with broad market
The S&P-TSX composite index traded in a narrow range over the Jan. 15-21 report period, closing down 70.58 points at 6,740.40.The golds fared better, rising 5.7 points to 193.40. The sub-group got a p…
A sweet week for golds
Gold bugs were delighted over the holiday-shortened report period as prices for the yellow metal surged more than US$7 to a new, 6-year high of almost US$360 per oz.Gold has been on a steady march upw…
OPA helps fund grassroots work
The Thunder Bay-based Ontario Prospectors Association (OPA) will help fund grassroots exploration through its newly created Ontario Exploration Corp. (OEC).Partially funded by the Ontario government t…
Spot Prices Wednesday January 22, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$359.25+7.35Silver$4.83+0.10Platinum$648.00+29.00…
Trading Summary (January 24, 2003)
The gold stocks outshined the rest of the Toronto Stock Exchange on Friday gaining 4.2 points or 2.1% to 204.61 as…
Odyssey cuts gold in Turkey
Vancouver – The first hole of an on going drill program over the 2G zone on the Altintepe project in Turkey has ret…
Wheaton eyes US$150 m for Rio assets
Wheaton River Minerals (WRM-T) plans to raise US$150 million via a private placement of shares and warrants to help…
QGX closes financing
With $3 million more in the till, QGX (QGX-V) is preparing to resume drilling at its Golden Valley property in Mong…
Claude aims deeper at Seabee (January 24, 2003)
Claude Resources (CRJ-T) plans to raise up to $3.75 million via the non-brokered private placement of up to 2,500,0…