Spot Prices Tuesday, Jan. 13, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$424.50-3.50Silver$6.62 +0.34Platinum$868.00+18.00…
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Producer and Dealer Prices (January 19, 2004)
Antimony: Mid-mkt US$2,280/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$21.00-29.50/lb.Copper: Comex Mar. US$1.0855/lb.Indium: Indium Corp., ingot, US$320/kg.Irid…
We’re number three
“Talk to me Harry Winston/And tell me all about it.” — Leo Robin and Jule Steyn, in Gentlemen Prefer Blondes.This won’t be news to most of us.The Canadian government’s statistical office has official…
Daily Metal Prices (January 19, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 13Jan. 12Jan. 9Jan. 8Jan. 7Al Alloy1475/1505…
Partners confirm El Aguila continuity
Having confirmed the continuity of a gold-siver zone, partners Gold Resource and Canyon Resources (CAU-X) are proceeding with a scoping study at their Aguila property in Mexico’s Oaxaca state.The pair…
Editorial Cartoon (January 19, 2004)
Strong year ahead for base metals
We expect all base metal prices to register double-digit growth from the last quarter of 2003 to the expected peak during 2004.We have made new upward revisions to our base metal price forecasts (+15%…
Goldeye eyes gold at LaCarte (January 19, 2004)
Drilling on the LaCarte North prospect, in Tyrrell Twp., 95 km south of Timmins, Ont., has returned significant gold intersections for junior explorer Goldeye Explorations (GGY-V).A 13-hole program te…
LME Warehouse Levels (January 19, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 12 (change from Jan. 5 in brackets):MetalStock(tonnes)ChangeAluminium1427525(+50…
Exchange Rates (January 19, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 13Jan. 12Jan. 9Jan. 8Jan. 7US$ in C$1.27291.27361.26921.2788…
Profit-taking grabs hold of broad market
Profit-takers went away happy as the Toronto Stock Exchange composite index dipped 24.76 points over the Jan. 7-13 report period, ending the week at 8,380.34.Gold also reversed course, retreating US$3…
Metallica Afcan reworks Sino Gold deal
Junior Afcan Mining (AFK-V) has agreed to postpone, for two years, a US$700,000 payment due to Australian-based Sino Gold. The payment had been due at the end of 2003.The deal also calls for Afcan to …