Southern Cross postpones Honeymoon (November 01, 2004)
Shares in Southern Cross Resources (SXR-T) plummeted as much as 25, or 30%, to a 52-week low of 58 in early tradi…
Uranium One Inc
Junior explorers get cash influx (October 18, 2004)
A series of financings has several junior exploration companies ready to go on established projects.
Gold yoyos amid high oil prices
The report period Sept. 29-Oct. 5 saw the price of gold rise to close US$3.70 higher at US$415.40 per oz. in the afternoon in London. In New York, oil prices were still hovering around US$50 a barrel; the energy index was up another 4 points at 19…
Junior explorers get cash influx (October 07, 2004)
A series of financings have several junior exploration companies ready to go on established projects.A $3.15-mi…
Higher gold price sparks trading
The report period Sept. 22-28 saw the price of gold rise another US$3.20 to close at US$411.70 per oz. in the afternoon in London. In New York, oil prices rose above US$50 a barrel for the first time. The energy index was up 2% at 188.17 points. T…
Resource sector leads the charge
The Toronto Stock Exchange’s energy index powered the way, gaining 4.7% to reach 186.01 points by the end of the Sept. 15-21 report period, as oil prices rose to month-long highs on supply concerns south of the border. The golds chipped in with a…
Gold price buoys market
The report period Aug. 12-24, saw the price of gold rise US$12.35 per oz. to finish at US$406.20 in the afternoon in London on Aug. 24. Gold fell more than US$4 on the final day of trading. The gold index was up 12 points to close at 193.61, and t…
Southern Cross to explore Ethiudna (July 26, 2004)
Southern Cross to explore Ethiudna (July 14, 2004)
Southern Cross Resources (SXR-T) has agreed to explore for Tertiary-hosted uranium mineralization on recently liste…
Uranium miners heat up
The Toronto Stock Exchange’s gold index jumped 5.21 points, or 2.7%, to 201.46 during the June 16-22 report period. Not surprisingly, the price of gold rose US$10.50 to an afternoon fix of US$395.75 per oz. in New York on June 22. The rest of the…
Honeymoon not over for Southern Cross (June 01, 2004)
Southern Cross Resources (SXR-T) has identified more uranium within 500 metres of the Honeymoon Resource on Mining…
Canada’s miners felled by lower prices
The April 14-20 report period was relatively quiet for gold as the yellow metal shed just US90 to finish at US$396.85 per oz. in London. The Toronto Stock Exchange’s gold index mimicked the metal’s performance, peaking at 214.05 points at mid-per…