Canadian Stock Exchange Indices (August 25, 2003)
DateAug. 19Aug. 18Aug. 15Aug. 14Aug. 13HighLowTSX Composite7474.917411.33n/a7393.76…
News
SouthernEra posts Q2 profit
Foreign exchange gains enabled SouthernEra Resources (SUF-T) to record net earnings of US$1.59 million for the three months ended June 30.The US2-per-share profit came on revenue of US$564,000 and co…
Redcorp hits new zone at Tulsequah Chief
Vancouver — At the Tulsequah Chief massive sulphide property in northwestern British Columbia, an ongoing 8,000-metre drill program has intersected a gold-rich zone 90 metres west of the current reso…
US traders eye producers
The Aug. 13-19 report period was a good time to be a metal producer south of the border, with gold, copper and diversified miners all moving ahead.Among the more notable issues in the gold sector was …
Spot Prices Wednesday August 20, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$362.20+6.20Silver$5.00+0.13Platinum$704.00+16.00…
Afri-Can tops up till (August 25, 2003)
Junior Afri-Can Minerals (AFA-V) intends to raise $2.5 million to renew its search for marine diamonds off the coast of Namibia.The company owns several concessions, though its focus has been on Block…
Scenes from a dark place
Readers in more civilized parts of the world are thanked for their concern. Southern Ontario has not descended into chaos. Mind you, you could be forgiven for thinking it might have, especially in vie…
Daily Metal Prices (August 25, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug. 19Aug. 18Aug. 15Aug. 14Aug. 13Al Alloy1380/138…
LionOre posts record profit (August 25, 2003)
Vancouver — The second quarter of 2003 was a stellar one for LionOre Mining International (LIM-T), as the nickel-gold miner exceeded its production targets.LionOre earned US$11.1 million (or 7 per s…
Junior exchange buoyed by bullion
Vancouver — Canada’s junior exchange followed gold’s lead over the week ended Aug. 19. The S&P-TSX Venture Exchange composite index gained 24.78 points, or 2% of value, and closed at 1,249.73.Bishop …
Jilbey to raise $1.2m for gold projects
Vancouver — Jilbey Gold Exploration (JLB-V) has entered into an agency agreement with First Associates Investments to raise $1.2 million for its Taranga and Nongo Fayere gold exploration permits in B…
SpectrumGold picks up Galore Creek
Vancouver — SpectrumGold has inked a deal with mining giants Rio Tinto (RTP-N) and Anglo American (AAUK-Q) to buy the Galore Creek gold-silver-copper deposit in northwestern British Columbia.