The TSX Venture Exchange took another hit over the June 9-15 trading period, losing almost 50 points to close at 1523. The price of gold continued to struggle and ended the period at roughly US$389 per oz., down slightly from US$391 on June 8.
A contractor working at Anglo Coal’s Dartbrook mine, near Muswellbrook, New South Wales, was killed when the shaft in which he was working collapsed.
The week of June 9-15 saw a lot of trading, with the 10 most-active companies all trading over 7 million shares. The spot price for gold in the afternoon on June 15 in London closed at US$386.50, down US$5.85 from a week previously.
Santiago, Chile — Having recently ramped up to production, the Pimenton gold and copper mine in the High Andes of central Chile is bringing
Precious MetalsPrice (US$/oz.)Change…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 14 (change from June 7 in brackets):…
Vancouver —
Antimony: Mid-mkt US$2,560/t.
The Australian government’s 2004-5 budget failed to deliver on incentives for mineral exploration, and this failure is meeting with criticism from the mining industry.
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