People (July 09, 2007)
Silvermet — Douglas Scharf appointed CFO; Paul Palmer retired as CFO but will remain a consultant.
News
Goldcorp bites off bigger reserve at Penasquito
Vancouver — Goldcorp (G-T, GG-N) has delivered a boost in reserves at its Penasquito gold-silver deposit, in Zacatecas, Mexico, which it acquired last year through its takeover of Glamis Gold.
Iamgold’s Westwood grows 128%
Vancouver — Iamgold (IMG-T, IAG-N) has more than doubled inferred resources at its Westwood gold project, located 40 km east of Rouyn-Noranda, in Quebec’s Abitibi region.
Diamond miners in rescue competition
Tahera Diamond (TAH-T, TAHEF-O) and BHP Billiton (BHP-N, BLT-L) were the big winners at a rescue competition held in Yellowknife, N.W.T.
Toronto Stock Exchange June 26-29
The TSX Composite Index was up 64.71 points to 13,906.57 for the holiday-shortened June 26-29 trading period. Gains in the technology and financial sectors offset weaker performances in the materials …
U.S. Markets June 26-July 2
The Federal Reserve Bank having put a hold on interest rates for the time being, United States stock markets rallied over the reporting period June 26-July 2 to recover most of the losses they suffere…
TSX Venture Exchange June 26-29
Despite a modest up-tick in gold and base metals, the junior mining-dominated S&P-TSX Venture Composite Index closed out the Canada Day-shortened June 26-29 trading session on an off note, down 15…
CNQ Trading (July 09, 2007)
STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW June 26-29, 2007 Bannockburn Res BKNN 399 7.75 7.40 7.40 – 0.10 7.75 0.405 Dynamic Res DYRF 1724 0.14 0.12 0.14…
LME Warehouse Levels (July 09, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 2, 2007 (change from June 25 in brackets):
Exchange Rates (July 09, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Lending Rates (July 09, 2007)
as of 9 a.m. ET, July 3, 2007(%)
More high-grade copper at Chester
Vancouver — First Narrows Resources’ (UNO-V, FNRWF-O) ongoing drill program at its Chester property, in New Brunswick’s Bathurst mining camp, continues to intersect high-grade copper zones, building …