Toronto Stock Exchange Sept. 25-Oct. 1
Stronger performances from the mining sector helped the TSX Composite Index continue on its path to recovery as it gained 242.3 points to finish the Sept. 25-Oct. 1 trading period at 14,200.58.
2007
U.S. Markets Sept. 25-Oct. 1
The U.S. markets were driven higher over the Sept. 25-Oct. 1 trading period amid speculation that the U.S. Federal Reserve will again lower borrowing costs after the previous week’s rate cut to 4.75%.
TSX Venture Exchange Sept. 25-Oct. 1
The S&P-TSX Venture Composite Index climbed 71.27 points to 2,872.66 over the Sept. 24-Oct. 1 trading session. Average daily trading volume decreased to 85.3 millions shares.
LME Warehouse Levels (October 08, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 1, 2007 (change from Sept. 24 in brackets):
Daily Metal Prices (October 08, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices Courtesy of Scotiabank Tuesday, Oct. 2, 2007
Precious Metals Price (US$/oz.) Change Gold $735.75 +8.05 Silver $13.28 0.00 Platinum $1356.00 +20.00 Palladium $352.00 +12.00 Base Metals Price (US$/lb.) Change Nickel $13.64 -1.16 Lead $1.60 0.00 Copper $3.70…
Georgia Pushes Ahead on Mexican Moly
Georgia Ventures (GVI-V, GGVTF-O) has wasted little time getting to work on a recently acquired project that it calls “the most advanced open-pit molybdenum deposit in Mexico.”
Semafo Shaking Up Kiniero
Unsatisfactory production from the Kiniero gold mine in eastern Guinea has led Semafo (SMF-T, SEMFF-O) to put a new mining plan in place.
Axmin Finds New Gold at Passendro
As Axmin (AXM-V, AXMIF-O) finishes up a feasibility study for its Passendro gold project in the Central African Republic, it has come across several potential gold zones in the vicinity of the propose…
Virgin Wants to Start Small at Los Verdes
With a resource calculation in hand and plans for a feasibility study, Virgin Metals (VGM-T, VGMTF-O) is looking to move along its Los Verdes copper-molybdenum project on the eastern boundary of Sonor…
Baja Mining Cashed Up for El Boleo
Vancouver — a Us$515-Million Financing Plus a C$45-Million private placement means Baja Mining (BAJ-T, BAJFF-O) can start construction at its large El Boleo copper-cobalt-zinc project in Mexico.
Lundin maps out production growth
Vancouver – Lundin Mining (LUN-T, LMC-N) has ambitious growth plans for its Neves-Corvo copper-zinc mine in Portuga…