Bullion price giveth, then taketh away
Seasonal malaise and lack of interest in the TSX-Venture junior market once again resulted in a weakening of the index with sagging volumes.
News
Merger plans boost Iamgold share price
The report period has been reduced to two days this issue because The Northern Miner office is moving. The Aug. 10-11 period saw the price of gold close down US$5.15 at US$393.85 per oz. in the afternoon in London.
Daily Metal Prices (August 23, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Crosshair sets its sights on gold
Gander, Nfld. —
Golds hit by rising dollar
U.S. stock prices bounced back strongly on Aug. 10 and 11, as the market digested news of the most recent Federal Reserve rate increase. But the S&P 500 index, which rose 1%, to 1,075.79, and the Dow Jones Industrial Average, which took back 1.3%,…
The Northern Miner Indices (August 23, 2004)
North American Mining: 99.16 (+1.02)…