LME Warehouse Levels (January 17, 2005)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 11 (change from Jan. 4 in brackets):…
News
Daily Metal Prices (January 17, 2005)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Exchange Rates (January 17, 2005)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…
Producer and Dealer Prices (January 17, 2005)
Antimony: Mid-mkt US$2,760/t.
Copper is king in British Columbia
Vancouver — Mineral exploration and development in British Columbia have emerged from a bad nightmare caused by weak commodity prices and an unsupportive previous provincial government.
Yukon exploration heats up
Whitehorse, Y.T. — In an effort to improve its economy, the Yukon government is rolling out the welcome mat as it tries to lure companies back into exploring and mining in the territory. Buoyed by a resurgence in metal prices on the heels of devo…
The Northern Miner Indices (January 17, 2005)
North American Mining: 107.04 (+0.31)…
Miners recover
United States stock markets drifted marginally lower over the report period Jan. 5-11, with the S&P 500 index down 5.06 points at 1,182.99.
Nevsun rises over Eritrea talks
The week of Jan. 5-11 saw the price of gold fall to US$420 per oz. on Jan. 10 before climbing back up to US$421.35, where it closed in the afternoon in London (down US$6.40 over the period). The gold index was down one point to close at 198.69. Th…
Juniors, metals prices show strength
Junior mining stocks appeared to be resurging over the trading period Jan. 4-11. The TSX Venture Exchange lost 15 points, or less than 1%, to close at 1772.53, largely owing to the weak gold price.
Agnico’s success a product of hard work
Val d’Or, Que. — The proliferation of headframes along Hwy. 117 between here and Rouyn-Noranda attests to the high degree of underground exploration and development being carried out by
Linear Gold slips on Mexican drill results
Drill intercepts reported by