Producer and Dealer Prices (January 06, 2003)
Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.57/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-6.80/lb.Copper: Comex Mar US$0.704/lb.Indium: Indiu…
2003
Intrepid enlarges Salvadoran gold target
Drilling by Intrepid Minerals (IAU-V) at the Aldea Zapote exploration concession, east of Metapan in the northwestern corner of El Salvador, has extended the property’s known silver mineralization dow…
Apollo raises $14.4 million for Montana Tunnels
One more sign that things are picking up in the gold business: Apollo Gold (APG-T) has completed a private placement of 6 million units priced at $2.40 each for gross proceeds of $14.4 million.A unit …
McWatters eyes Kiena revival (January 06, 2003)
Surface and underground drilling by McWatters Mining (MWA-T) has outlined new measured and indicated resources at the idled Kiena mine, near Val d’Or, Que.The resources, found in two zones, total 1.2 …
Daily Metal Prices (January 06, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 30Dec. 27Dec. 26Dec. 25Dec. 24Al Alloy1350/132…
Golds rise against tide
Rising gold shares were set off in contrast to most other market sectors after a poor three trading days on the U.S. exchanges, Dec. 23-27. The Dow, declining 207.54 points to 8,303.78, and the S&P 50…
TSE composite ends flat as gold rallies
The Toronto Stock Exchange moved sideways over the holiday-shortened report period, gaining a piddly 35.21 points. The composite index ended the Dec. 23-27 period at 6,595.83.Gold maintained its momem…
Junior golds rally as year draws to a close
Junior gold explorers continued to drive Canada’s junior exchange higher. The S&P-TSX Venture Exchange composite index gained 41.8 points. or 4.1% of its value, to close at 1,052.29.Shares in Coral Go…
Dofasco dumps Qubec Cartier stake
Hamilton-based steel maker Dofasco has reduced its ownership stake in Qubec Cartier Mining Co., an iron ore subsidiary in Port-Cartier, Que.Dofasco has struck a deal to sell part of Qubec Cartier to…
Lending Rates (January 06, 2003)
as of 4 pm ET, Dec. 19, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.40LIBOR US$ 6-month1.40LIBOR US$ 1-year1.52Gold lease 3-…
Canadian Stock Exchange Indices (January 06, 2003)
DateDec. 30Dec. 27Dec. 26Dec. 25Dec. 24HighLowTSX Composite6617.55…
Band-Ore readies drills at Thorne (January 06, 2003)
Having raised $500,780 via a non-brokered private placement of flow-through shares and warrants, Band-Ore Resources (BAN-T) is about to intensify drilling at its wholly owned Thorne gold property, 20 …