Spot Prices Tuesday November 18, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$392.42+14.10Silver$5.21+0.28Platinum$762.00+20.00…
News
Fury finds two zones at Windfall Lake
A new structural model drawn at Windfall Lake, in northwestern Quebec, seems to be holding up for Fury Explorations (FUR-V).Fury can earn a 37.5% interest in the property, which covers 534 ha (5.3 sq….
Sulliden outlines geochem targets at Shahuindo (November 24, 2003)
Reconnaissance soil geochemistry by Sulliden Exploration (SUE-T) at the Shahuindo property in Cajamarca department, northern Peru, has outlined targets with elevated gold concentrations.The 90-line-km…
Lending Rates (November 24, 2003)
as of 4 pm ET, Nov. 18, 2003(%)Bank of Canada3.00Target overnight rate2.75Canadian Prime4.50U.S. Discount Primary2.00U.S. Fed Funds market rate1.00U.S. Prime4.00LIBOR US$ 3-month1.17LIBOR US$ …
Partners test Trinidad South (November 24, 2003)
Globestar Mining (GMI-V) has launched a 2,000-metre drill program over the 3-sq.-km Trinidad South gold-in-soil anomaly on the Bayaguana gold project in the Dominican Republic.Globestar believes Trini…
Exchange Rates (November 24, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 18Nov. 17Nov. 14Nov. 13Nov. 12US$ in C$1.30241.31371.30381.2…
The Northern Miner Indices (November 24, 2003)
North American Mining: 101.26 (+4.54)Small Producers: 99.83 (+10.03)(Sept. 30/98 = 100)…
Producer and Dealer Prices (November 24, 2003)
Antimony: Mid-mkt US$2,050/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$13.70-15.50/lb.Copper: Comex Dec. US$0.932/lb.Indium: Indium Corp., ingot, US$265/kg.Iridi…
Canadian Stock Exchange Indices (November 24, 2003)
DateNov. 18Nov. 17Nov. 14Nov. 13Nov. 12HighLowTSX Composite7737.39…
Discoveries lure Placer Dome, Meridian Gold to Newfoundland
St. John’s, Nfld. — With little fanfare, Barrick Gold (ABX-T) walked away from the much-hyped Botwood Basin in Newfoundland earlier this summer after spending some 15 months assessing the potential f…
Miramar takes option on George Lake, Goose Lake (November 24, 2003)
In a deal with major Kinross Gold (K-T), junior producer Miramar Mining (MAE-T) has taken up an option to earn a 60% interest in the George Lake and Goose Lake gold properties in Nunavut.The basic ear…
Correction (November 24, 2003)
In our Oct. 17 issue, we incorrectly stated that Canico Resource (CNI-T) would carry out matte smelting at its Ona-Puma nickel-laterite project in Brazil.Canico is considering both ferronickel and ma…