Gold index loses lustre
The S&P/TSX composite index slipped 9.1 points during the May 8-14 report period, closing at 7,707.8 points.Gold yo-yoed itself to a US$308.40-per-oz. London afternoon fix on May 14, a net decrease of…
North American Palladium Ltd
Black Swan, Canadian Zinc execs tap treasuries
Recent insider trading transactions reported by the Ontario Securities Commission include the following:- Black Swan Resources (BSW-T) — Stephen Fabian, director, sold 268,884 shares privately and in…
Precious metals rise in tandem on eastern markets
Precious metals took the spotlight during the March 20-26 report period, with gold, silver, platinum and palladium all rising in London bullion markets.Gold appreciated an impressive $4.80 over the fi…
Lower PGM prices eat into NAP earnings
With palladium prices well off their recent highs, North American Palladium (pdl-t) recorded lower net income of $1.2 million (or 3 per diluted share) on revenue of $56.9 million during the three mon…
Ontario exploration intensifies
Ontario exploration and deposit appraisal expenditures for 2001 are expected to continue the ascent started in 2000.Spending is expected to climb to $99 million in 2001, an increase of 10%. The upward…
Gold explorers jump back to life
Buyers managed to overtake sellers over the Dec. 12-18 report period to push the Toronto Stock Exchange 300 index up 54.84 points to 7,586.47.Gold surged ahead $5.65 in London markets to land at a mor…
Canaccord revises PGM forecast downward
In a November research report, Canaccord’s London-based gold analyst, Roger Chaplin, lowers his price projections for platinum group metals (PGMs) and their producers.Building on PGM supply-and-demand…
NAP dips back into the red
Startup problems at the newly expanded Lac des les mine in northern Ontario, combined with lower realized palladium prices, resulted in a third-quarter loss of $2.7 million for North American Palladi…
Weaker US dollar to benefit gold
Gold will remain a financial refuge in these uncertain times and the year-old bull run in gold equities has not yet reached its peak, according to an October 15th report by HSBC.The document, compiled…
Millennium, PGM join forces at Lac des les
A merger between New Millennium Metals (PGM-V) and Platinum Group Metals (PTG-V) is designed to consolidate the juniors’ land positions in the Lac des les region of northwestern Ontario.The deal, whi…
Santoy, Fairfield test copper-platinum-palladium play
Platinum and palladium are not typically associated with Mexico, but that hasn’t swayed Santoy Resources (SAN-V) and Fairfield Minerals (FFD-T) from searching for the metals at their Tropico project o…
PGM to work Stucco
Junior Platinum Group Metals (PTG-V) will begin exploring the Stucco palladium property near Thunder Bay, Ont.The area is one of two palladium plays in the province and is home to the Lac des les min…