TSE suffers holiday blues as gold claws back
The Toronto Stock Exchange composite index moved sideways over the holiday-shortened June 25-July 1 report period, finishing at 6,983.14, for a loss of 74 basis points.Gold regained some of the ground…
2003
Diamonds drive junior market higher
Vancouver — Canada’s junior exchange inched forward over the holiday-shortened week ended June 30 as investors found a renewed appetite for diamond explorers. The S&P-TSX Venture Exchange composite i…
Daily Metal Prices (July 07, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 1June 30June 27June 26June 25Al Alloy1370/1370…
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…
The Northern Miner Indices (July 07, 2003)
North American Mining: 73.92 (+1.73)Small Producers: 71.22 (+1.71)(Sept. 30/98 = 100)…
Canadian Stock Exchange Indices (July 07, 2003)
DateJuly 1June 30June 27June 26June 25HighLowTSX CompositeHoliday…
Canadian exploration trends
Annual spending on mineral exploration in Canada has stabilized above $500 million, after declining from a peak of $921 million in 1997 and a low of $497 million in 2000, according to a report publish…
IMA explores Navidad bonanza silver discovery
An induced-polarization (IP) survey across the high-grade Navidad silver discovery in the Patagonia region of southern Argentina has identified a large chargeability anomaly with a surface footprint o…
Northern Dynasty fast tracks Pebble
Vancouver — Armed with a $5-million financing, Hunter Dickinson-led junior Northern Dynasty Minerals (NDM-V) is intensifying exploration efforts over the 89-sq.-km sulphide system on the Pebble gold-…
Anuri shows potential
Partial microdiamond results from core drilling on the Rockinghorse joint venture in the Coronation Gulf district of Nunavut continue to demonstrate the potential of the Anuri kimberlite.Operator Kenn…
Golden Star shines over Mampon (July 07, 2003)
Denver-based Golden Star Resources (GSC-T) has completed its $9.5-million acquisition of Ashanti Goldfields’ (ASL-N) Mampon property, 40 km northeast of Bogoso, Ghana.Mampon is home to a probable rese…
Queenstake closes Jerritt deal
Queenstake Resources (QRL-T) has acquired the Jerritt Canyon gold mine in Nevada’s Elko Cty., after wrapping up a previously announced brokered private placement of 105 million subscription receipts f…