Spot Prices Tuesday, Dec. 2, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$401.35+9.85Silver$5.46+0.25Platinum$776.00+18.00…
News
Jaguar Nickel fires up pilot plant (December 08, 2003)
Junior Jaguar Nickel (JNI-T) has started up a pilot plant designed to test the viability of its proprietary atmospheric chloride-leach process on ore samples from the Sechol nickel-cobalt laterite pro…
Exchange Rates (December 08, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 2Dec. 1Nov. 28Nov. 27Nov. 26US$ in C$1.29821.30231.29731.308…
Producer and Dealer Prices (December 08, 2003)
Antimony: Mid-mkt US$2,000/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$15.60-17.00/lb.Copper: Comex Dec. US$0.974/lb.Indium: Indium Corp., ingot, US$265/kg.Iridi…
Canadian Stock Exchange Indices (December 08, 2003)
DateDec. 2Dec. 1Nov. 28Nov. 27Nov. 26HighLowTSX Composite7927.607924.577859.397880.50…
Royal Gold to bankroll Capital
New York-based junior Capital Gold celebrated a watershed financing that paves the way for construction of its El Chanate mine in Sonora state, Mexico.Denver-based Royal Gold is supplying the entire c…
Madsen program shapes up for Claude, Placer
Red Lake, Ont. — The Red Lake gold camp of northwestern Ontario had, over the years, come to look fairly simple: two big mines, one very big orebody, and very little going on outside the fences at Ca…
Aber to buy Harry Winston
Aber Diamond (ABZ-T) has struck a preliminary deal to acquire Harry Winston, the prestigious New York-based “jeweler to the stars.”The deal would take place in stages, beginning with a 51% stake invol…
Juniors eye Mexican gold prospects (December 08, 2003)
Vancouver — The rising price of bullion has prompted a growing number of junior companies to explore targets in Mexico.The latest company to set its sights on the country is Grayd Resource (GYD-V), w…
Editorial Cartoon (December 08, 2003)
A Really big deal in Yellowknife
The following is the last of three excerpts from the book Quin Kola: Tom Payne’s Search for Gold, published by Crossfield Publishing in Okotoks, Alta. The author is the daughter of Tom Payne and presi…
Con mine closes doors
The Con gold mine, in Yellowknife, N.W.T., has shut down after 65 years of operation, owing to ore depletion.As a result, owner Miramar Mining has had to issue about 190 pink slips.The territorial gov…