Commodity gloom spreads
U.S. equity markets were generally lower in the report period April 12-18, with the Dow Jones Industrial Average falling back 377.31 points, or 3.6% of value, to close at 10,071.25 points. Even as cru…
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LME Warehouse Levels (April 25, 2005)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 18, 2005 (change from April 11 in brackets):…
Venture board takes its lumps
Junior explorers were bruised and battered as gold remained weak over the April 12-18 report period. The S&P-TSX Venture Composite Index continued its slide, shedding a whopping 138.87 points, or…
High volume leads mostly to losses
The period April 12-18 saw the price of gold fall $3.25, to US$425.75 per oz., where it closed in the afternoon in London. All the mining-related indices fell as well. The gold index fell 9.4 points t…
Insider Trading (April 25, 2005)
The Ontario Securities Commission reported the following trading transactions in its OSC Bulletin:…
Canadian Gold Mutual Funds (April 25, 2005)
Close: April 19, 2005…
Producer and Dealer Prices (April 25, 2005)
Antimony: Mid-mkt US$3,040/t….
Friends go to court (April 25, 2005)
Unresolved differences in interpretation between
Next generation of northern mines ‘at risk’
Vancouver — A report by Canada’s auditor-general warns that new diamond mines and other resource projects could be at risk unless the federal government reforms the arduous permitting regime that pre…
Imperial expands Northeast zone
Vancouver — Drilling by
De Beers gaining strength in Canadian diamond sector
Although no new mines were built in Canada last year, plans on the drawing board suggest that four advanced diamond projects will soon become Canadian producers, including two in the Northwest Territo…
Iron ore giant awakens
Investor enthusiasm for the soaring iron market is giving another mothballed Canadian project a shot at production….