Spot prices
Tuesday, Jan 31, 2012
Tuesday, Jan 31, 2012
The TSX composite index gained 255 points for the Jan. 31-Feb. 4 period finishing at 13,791.85 as Canadian economic indicators bolstered investor confidence.
The S&P-TSX Venture composite index posted robust gains in the Jan. 31-Feb. 4 trading week, surging 354.27 points to close at 13,791.85. Some 128 juniors reached new 52-week highs, while the number of companies sinking to new lows climbed…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 7, 2011 (change from Jan. 31 in brackets):
Antimony: Mid-mkt US$13,000/t
CompanyDiv.PayRecord
Australia (A$)Aug 24Aug 17Change
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
While gold, silver, copper and rare earths have been drawing much of the markets’ attention in the metals space recently, another metal has been quietly gathering steam.
Lake Shore Gold (LSG-T) has increased its ownership in Northern Superior Resources (SUP-V) to 25.5% by privately buying more than 6.7 million shares at 80¢ each.
Avalon Rare Metals (AVL-T, AVL-X) has added significantly to the indicated and inferred resources at its Nechalacho rare earth elements (REE) deposit in the Northwest Territories after a summer of drilling.
Assay results from the first seven holes of a second-phase drill program at its Borden Lake gold project near Chapleau, Ont., have extended the gold zone about 300 metres northwest of previous drilling, Probe Mines (PRB-V) reports.
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