2005



Market awaits outcome of Goldcorp-Glamis saga

The report period Dec. 22-28 was short because the TSX closed down at 1 p.m. on Dec. 24 for the holidays, and trading did not resume until Dec. 29. The price of gold closed at US$444.40 per oz. in New York on Dec. 28. At Dec. 24, the price of gold…


Tsunamis pound southeast Asia

Stock trading during the holiday-shortened report period ending Dec. 28 was overshadowed by the impact of massive devastation along the coast of the Indian Ocean, caused by an earthquake-induced series of tsunamis. The death toll is being measured…




Signals suggest commodity rally drawing to a close

The single biggest technical feature dominating the commodity markets is divergence on medium and long-term charts. This is afflicting both individual markets and the indices, and, in our view, implies that the rally of the past three years is mat…


Cameco green-lights Cigar Lake mine

Vancouver — With a construction licence in hand, the Cameco joint venture is starting to develop the long-awaited Cigar Lake uranium project in Saskatchewan’s Athabasca Basin.


Juniors steady as gold holds above US$440 per oz.

Junior mining stocks held their own over the shortened trading period Dec. 22-24, before the holiday season kicked in. The TSX Venture Exchange index saw an increase of 44.76 points, or 2.5%, to 1781.44 from the beginning of the trading period.


Voisey’s Bay sparks interest in Placentia, Nfld.

Settling Placentia when Toronto was trees, Basque fishermen described it as insulace corte realis, or “harbour within a womb of hills.” The depiction was apt. More than 100 years later, in the early 1600s, France and England fought for control of…


Partners size up Valentine Lake (January 03, 2005)

Following nearly 7,000 metres worth of drilling in 24 holes, partners Richmont Mines (RIC-T) and Mountain Lake Resources (MOA-V) have tabled an inferred resource figure for their Valentine Lake property, 55 km…



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