News
Barclays joins London fix (June 14, 2004)
London-based Barclays Capital, the investment banking division of Barclays, has begun taking part in London’s gold fixing sessions after purchasing a vacant seat on the London Gold Market Fixing board from investment banker NM Rothschild and Sons.
LME Warehouse Levels (June 14, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 8 (change from May 28 in brackets):…
Funds and the global metals futures markets
Today, funds play an important part in trading activity at all major metals exchanges. A common view is that investment funds dominate metal price movements and that physical developments are largely irrelevant. While this would concern commodity…
Exchange Rates (June 14, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…
American Diamonds, Firestone ink JV in US
American Diamonds and
Promising results at Gemini-Turgeon (June 14, 2004)
Tara workers back on job
Roughly 220 workers at the Tara zinc mine, 60 km north of Dublin, returned to work after an agreement was reached to settle, via mediation, a 9-month dispute.
Vangold digs up high grade gold in PNG
Vancouver – Two gold mineralized zones have been outlined by trenching and soil sampling on the Mt. Allemata gold,…
Wheaton to hold new vote on Iamgold deal
Bidders for Iamgold (IMG-T) and Wheaton River Minerals (WRM-T) will get another chance to pitch their case to share…
New Mesamax resource estimate bigger (June 11, 2004)
Drilling last summer by Canadian Royalties (CZZ-T) at the Mesamax nickel-copper deposit in the Ungava region of nor…
Starfield cuts highest Ferguson platinum grades yet
Vancouver – Initial results from this year’s drilling on Starfield Resources’ (SRU-V) wholly owned Ferguson Lake pr…