Daily Metal Prices (June 23, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 17June 16June 13June 12June 11Al Alloy1360/136…
News
Strong gold price pushes producers higher
The Toronto Stock Exchange’s composite index climbed a healthy 78.32 points over the June 11-17 report period to finish at 7,121.02.Gold firmed up US$7.10 in overseas trading to plant itself at US$361…
NRCan in JV
Natural Resources Canada (NRCan) has teamed with COREM, a mineral research institute in Quebec City, in an effort to develop mining-related technology.The joint venture will focus on improving energy …
Etruscan, Semafo break ground in Niger
Having raised US$27 million in a debt financing, partners Etruscan Resources (EET-T) and Semafo (SMF-T) are stepping up construction of the Samira Hill gold project in Niger.Under the financing deal, …
LSE streamlines admission to AIM
The London Stock Exchange (LSE) has streamlined admission requirements to its Alternative Investment Exchange (AIM) in an effort to entice companies already listed on other exchanges to obtain a secon…
Trading Summary (June 20, 2003)
It was a fairly quiet day of trading on June 20, with the broad TSE composite index falling only 12.50, or 0.18%, t…
Falco ponders new Timmins mine
Falconbridge (FL-T) has outlined a positive development plan for itsMontcalm nickel-copper project, situated 70 k…
Freeport-McMoRan to redeem gold-linked preferreds (June 20, 2003)
Freeport-McMoRan Copper & Gold (FCX-N) is proceeding with the forcedredemption, on Aug. 1, 2003, of its gold-deno…
Cumberland exercises warrants totaling $5 million
Vancouver — Cumberland Resources (CBD-T) reports that share purchase warrants originating from a $14.675 million f…
Two more kimberlites found at Churchill
Vancouver — Shear Minerals (SRM-V), Northern Empire Minerals (NEM-V) and BHP Billiton (BHP-N) have discovered two…
Tournigan mobilizes second drill in Northern Ireland
Vancouver — Tournigan Gold (TVC-V) has contracted a second diamond drill rig to commence drilling at the Tyrone pr…
Trading Summary (June 19, 2003)
Spooked by some recent profit warnings, investors sent the Toronto Stock Exchange down 25.01 points to end Thursday…