Market unimpressed with US rate cut
In the wake of another cut in U.S. interest rates, investors north of the border knocked 3% off the Toronto broad market during the March 14-20 report period. The sell-off, which suggests that many we…
In the wake of another cut in U.S. interest rates, investors north of the border knocked 3% off the Toronto broad market during the March 14-20 report period. The sell-off, which suggests that many we…
WESTERN MARKETVancouver — Canada’s junior exchange posted losses on all fronts during the report period ended March 20. The composite index of the Canadian Venture Exchange dropped 63.66 points, or 2…
Lower head grades at its flagship El Valle open-pit mine in northwestern Spain have taken a bit of the edge off the production numbers of Rio Narcea Gold Mines (RNG-T).During 2000, Rio Narcea produced…
The Toronto Stock Exchange treated investors to another wild ride over the report period March 7-13, as another blue Monday hit the telecom stocks. The TSE 300 composite index sank 205 points on March…
Vancouver — The discovery of an exciting new gold-rich copper porphyry system, combined with the expansion of several known deposits, is attracting attention to the Philippines.Situated in the Ring o…
Bulyanhulu District, Tanzania — Even with scorched red soil and unmistakably African vegetation, it isn’t difficult to imagine the Lake Victoria gold camp as a southern cousin to Canada’s famous Abit…
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
Gold prices fell back into the low US$260s in London during the Feb. 28-March 6 report period following a mid-February rally that saw prices shoot up from US$256 to US$268 per oz.There was a dearth of…
The plunging technology stocks led the Toronto Stock Exchange downward over the report period Feb. 21-27, even as most other sectors moved higher. The TSE 300 composite index lost 170.99 points, or 2….
Continued exploration success by Agnico-Eagle Mines (AGE-T) at its LaRonde mine in Quebec has pushed up the global resource by 28% to a record 7.8 million oz. gold plus byproduct silver, copper and zi…
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
A soil survey at the Karumwa gold property in Tanzania has outlined four drill targets for Minires du Nord (MDN-T).The junior collected 700 samples over an area measuring 500 metres long by 100 metre…
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