Gold majors on the march
Even with gold languishing in the low US$350-per-oz. range, all the U.S.-listed gold majors enjoyed strong gains through the report period ended July 1.Sector-leader Newmont Mining jumped $1.58 to US$…
News
Twenty-Five Years Ago / July 1978
PQ mum on Asbestos takeoverQuebec government spokesmen are silent on reports that a New York investment firm hired by the province to evaluate the assets of Asbestos Corp. has set a price of US$60 a s…
Spot Prices Wednesday July 2, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$351.203.35Silver$4.560.05Platinum$673.003.00Pall…
Aurizon adds to Casa Berardi resources (July 07, 2003)
Aurizon Mines (ARZ-T) has doubled the inferred resource estimate in zones 118-120 at the Casa Berardi gold project, 100 km north of Rouyn-Noranda, Que., on the back of some 27,000 metres worth of dril…
TSE suffers holiday blues as gold claws back
The Toronto Stock Exchange composite index moved sideways over the holiday-shortened June 25-July 1 report period, finishing at 6,983.14, for a loss of 74 basis points.Gold regained some of the ground…
Diamonds drive junior market higher
Vancouver — Canada’s junior exchange inched forward over the holiday-shortened week ended June 30 as investors found a renewed appetite for diamond explorers. The S&P-TSX Venture Exchange composite i…
Daily Metal Prices (July 07, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 1June 30June 27June 26June 25Al Alloy1370/1370…
SWG takes aim at Liam
Vancouver — Southwestern Resources (SWG-T) has launched a 2,000-metre drill program on the Liam silver property in southern Peru.The program is designed to test diatreme breccias associated with high…
Producer and Dealer Prices (July 07, 2003)
Antimony: Mid-mkt US$2,380/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$10.15-11.00/lb.Copper: Comex Sept. US$0.751/lb.Indium: Indium Corp., ingot, US$140/kg.Irid…
The Northern Miner Indices (July 07, 2003)
North American Mining: 73.92 (+1.73)Small Producers: 71.22 (+1.71)(Sept. 30/98 = 100)…
Canadian Stock Exchange Indices (July 07, 2003)
DateJuly 1June 30June 27June 26June 25HighLowTSX CompositeHoliday…
Canadian exploration trends
Annual spending on mineral exploration in Canada has stabilized above $500 million, after declining from a peak of $921 million in 1997 and a low of $497 million in 2000, according to a report publish…