Daily Metal Prices (December 01, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 25Nov. 24Nov. 21Nov. 20Nov. 19Al Alloy1390/141…
2003
Junior exchange loses ground as bullion slips
Vancouver — Canada’s junior exchange ended the trading week in the red as a lower bullion price took its toll on speculative gold issues. The S&P-TSX Venture Exchange composite index lost 3.25 points…
Davidson to talk base metals
David Davidson, base metals analyst for Paradigm Capital, will speak at the next meeting of Toronto branch of the Mineral Economics Discussion Group of the Canadian Institute of Mining, Metallurgy and…
Spot Prices Tuesday, Nov. 25, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$391.50-0.92Silver$5.210.00Platinum$758.00-4.00Pa…
CNQ applies for exchange status
The Canadian Trading and Quotation System (CNQ), a small-cap equity market, has applied to the Ontario Securities Commission (OSC) for recognition as a stock exchange.The CNQ is currently a quotation …
Lending Rates (December 01, 2003)
as of 4 pm ET, Nov. 25, 2003(%)Bank of Canada3.00Target overnight rate2.75Canadian Prime4.50U.S. Discount Primary2.00U.S. Fed Funds market rate1.00U.S. Prime4.00LIBOR US$ 3-month1.17LIBOR US$ …
The Northern Miner Indices (December 01, 2003)
North American Mining: 102.60 (+1.34)Small Producers: 99.98 (+0.15)(Sept. 30/98 = 100)…
Barclays, CIBC to arrange Ona-Puma financing
Vancouver — Canico Resource (CNI-T) has appointed Barclays Capital and CIBC to arrange financing for its Ona-Puma nickel laterite project in Brazil’s Para state.Barclays and CIBC will set about secu…
Producer and Dealer Prices (December 01, 2003)
Antimony: Mid-mkt US$2,000/t.Bismuth: Mid-mkt US$2.75/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$14.00-16.30/lb.Copper: Comex Dec. US$0.8945/lb.Indium: Indium Corp., ingot, US$265/…
Platinum on upswing
The price of platinum could reach new 23-year highs in the next six months as the deficit between supply and demand persists and if investment funds continue to maintain long positions, says Johnson M…
Jilbey cuts gold at Taranga (December 01, 2003)
Initial results from drilling at the 240-sq.-km Taranga exploration permit in Burkina Faso, West Africa, have failed to match higher gold grades obtained in earlier sampling by Jilbey Gold Exploration…
Appalaches trenches Turcotte
Trenching by Appalaches Resources (APP-V) on the Mont-de-l’Aigle property, in Quebec’s Gasp Peninsula, has exposed the recently discovered Turcotte showing for more than 100 metres while doubling the…