Spot Prices Wednesday March 5, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$354.50+1.95Silver$4.66+0.03Platinum$699.00+22.00…
News
Junior exchange continues bearish trend (March 10, 2003)
Vancouver — Canada’s junior exchange followed the major bourses lower over the week ended March 4, despite some strong interest in buying select explorers. The S&P-TSX Venture Exchange composite inde…
MOST ACTIVE ISSUES, FEB. 26-MAR. 4
ExchgVol(000s)HighLowCloseChangeNewmont Mng*N1457927.6826.6527.25+0.17…
New budget threatens investment: MAC
The elimination of the resource allowance, announced by Finance Minister John Manley in his budget in mid-February, threatens mining investment in this country, according to the Mining Association of …
Juniors stand to benefit from higher metal demand Conventional wisdom
Back in the days when computers provided their wisdom on green-lined fanfold paper, a simple cartoon used to circulate. A small slope-shouldered man, punctured by a large flat-headed screw, looked out…
Producer and Dealer Prices (March 10, 2003)
Antimony: Mid-mkt US$2,480/t.Bismuth: Mid-mkt US$2.80/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$7.25-8.00/lb.Copper: Comex May US$0.781/lb.Indium: Indium Corp., ingot, US$110/kg.
GREATEST VALUE TRADED, FEB. 26-MAR. 4
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N39727027.6826.6527.25+0.17…
Juniors scour BC’s Toodoggone region
Vancouver — With the Kemess South open-pit copper-gold mine serving as a model, Northgate Explorations (NGT-V) and a host of other juniors are exploring the Toodoggone region of north-central British…
Securities session at PDAC
David Brown, chairman of the Ontario Securities Commission, will be among the speakers at a 3-hour session on securities regulations at the annual convention of the Prospectors & Developers Associatio…
Anooraq busy on the Bushveld
Mokopane, South Africa — Hunter-Dickinson-led Anooraq Resources (ARQ-V) has tabled an inferred resource totalling some 4.2 million oz. platinum and palladium (PGMs) plus gold for the Drenthe farm on …
Metallic chases Nevada high grade
Determined to achieve mid-tier producer status in a few years, Reno-based Metallic Ventures (MVG-T) is exploring three advanced-stage gold projects in Nevada.Chief among these is the historic Esmerald…
Goldcorp, Placer Dome spark Red Lake revival
Vancouver — The Red Lake area of northwestern Ontario has had its share of gold exploration booms over the past 75 years. Today, thanks to the discovery of additional reserves along the 24-million-oz…