News
France expected to sell gold
In an effort to reduce France’s deficit, the French Central Bank is considering selling as much as 600 tonnes of gold reserves, or about 20% of its holdings.
Newmont walks away from Midway (June 21, 2004)
Vancouver — After spending US$3.5 million and drilling more than 100 holes on the Midway gold project in Nevada’s Nye Cty.,
Producer and Dealer Prices (June 21, 2004)
Antimony: Mid-mkt US$2,560/t.
Tahera stock churns as Jericho project approved
The week of June 9-15 saw a lot of trading, with the 10 most-active companies all trading over 7 million shares. The spot price for gold in the afternoon on June 15 in London closed at US$386.50, down US$5.85 from a week previously.
Yanzhou’s coal a hot commodity
The trading week ended June 15 was shortened by a national day of mourning on June 11 to honour of the passing of Cold Warrior Ronald Reagan, who was buried in Simi Valley in California following funeral services in Washington D.C. Trading action…