Trading Summary – TSX (January 26, 2004)
A plus-2% gain by the technology stocks wasn’t enough to keep the Toronto Stock Exchange out of the red on Monday.
News
St. Jude cuts more gold at Benso (January 26, 2004)
Vancouver — St. Jude Resources (SJD-V) has released more encouraging drill results from the Benso concession in Gh…
Pacific Minerals increases gold resource at 217 project
Vancouver — Pacific Minerals (PMZ-V) has tabled a new, independent resource estimate of its in-pit gold resource…
Diamond Fields’ shares sink
Shares in marine diamond miner Diamond Fields International (DFI-T) dove 15, or 25%, to 45 in early trading in To…
Aquiline revs its drills
Ongoing drilling by Aquiline Resources (AQI-V) continues to return encouraging grades form the Calcatreu gold-silve…
Producer and Dealer Prices (January 26, 2004)
Antimony: Mid-mkt US$2,330/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$23.50-29.50/lb.Copper: Comex Mar. US$1.1175/lb.Indium: Indium Corp., ingot, US$375/…
Junior exchange follows gold trend (January 26, 2004)
Vancouver — Canada’s junior exchange managed to recover after a dip in the gold price late in the week ended Jan. 16 dragged the market down. The S&P-TSX Venture Exchange composite index lost 0.12 of…
Broad market forges ahead, golds left behind
Sparked in part by a rally in Nortel Networks, buyers pushed the S&P/TSE composite index 243.28 points higher over the Jan. 14-20 report period. The bourse ended the period at 6,623.62, or 2.9% greate…
McWatters pushed into administration
Gold miner McWatters Mining (MWA-T) has agreed to the appointment of a receiver under the Bankruptcy and Insolvency Act and plans to make a repayment proposal to its creditors.One of McWatters’ secure…
MEMS tackles enviro, social issues
The Mineral Economics and Management Society (MEMS) will tackle a range of technical, environmental, and social issues at its annual conference, slated for April 21-23 at the Ontario Club in Toronto.T…
Long-term growth
The 4-year drought in mining commodity prices has been long enough that many people now have difficulty believing in the cyclical nature of the mining industry. However, I reckon what goes down must c…
Where do we go from here?
Along with salt and sharp-edged weapons-grade obsidian and chalcedony (flint), coloured gemstones probably have been mined longer than any other mineral commodities known to man. However, it is only o…