News

STOCK MARKETS — Higher bond yields drag down TSE

Strengthening bond markets had a negative impact on the Toronto Stock Exchange over the 5-day reporting period ended Oct. 25. The composite 300 index dropped 73.19 points to end the week at 4,242.77. …







Spot prices at a glance (October 24, 1994)

Week’s Price (US) Change Gold* $389.00 + $0.80 Silver* $5.36 – $0.15 Platinum* $417.15 + $0.40 Nickel** $3.07 + $0.09 Lead** $0.29 $0.00 Copper $1.14 + $0.01 Zinc $0.48 + $0.01 Courtesy of Scotiabank….


Producer prices (October 24, 1994)

ALUMINUM: MW U.S. market US79.5-80.5 cents per lb. (Oct. 6, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Sept. 29, 1994). BISMUTH: MW New York dealer US$3.90-4.30 per lb. (Sept. 29, 1993)…



Metall expanding Akie discovery

Drilling on the Akie property in northeastern British Columbia continues to expand a zone of zinc mineralization. Metall Mining (TSE) is earning a 60% interest in the property from Ecstall Mining (VSE…



Magma expands with purchase of Peruvian mine

Arizona-based Magma Copper (NYSE) has outbid six international competitors for control of newly privatized Empresa Minera Especial Tintaya, Peru’s second-largest copper producer. Magma paid the Peruvi…


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