News
Band-Ore lands more gold (May 24, 2004)
A week of highs and lows
The week of May 12-May 18 saw a lot of ups and downs on the Toronto Stock Exchange. The spot price for gold in London on the afternoon of May 18 closed at US$377.70 per oz., up US$2.45 from the previous week. The S&P-TSX composite index closed on…
Spot Prices Tuesday, May 18, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)Change…
Stocks weather unsettled market
U.S. markets were lifted and lowered by interest rate speculation and international tension, but finished the reporting period May 11-18 little changed. The S&P 500 index was off 3.96 points at 1,091.49, while the Dow Jones Industrial Average was…
Thistle ups Steyn resource (May 24, 2004)
Daily Metal Prices (May 24, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Diavik ahead of design capacity
Although grades are being hampered by the processing of mud-rich kimberlite material surrounding the A-154 South orebody, the Diavik mine in the Northwest Territories is operating at levels comfortably ahead of design capacity rates of 1.5 million…
Miramar expands Hope Bay mineralization (May 24, 2004)
Vancouver — Drilling by
People (May 24, 2004)
Export gains in Peru
Surging metal prices and higher demand from China caused the value of Peru’s mining exports to rise to US$1.51 billion in the first quarter, representing a 52.3% increase over the comparable period in 2003.
Scholarship to honour Ward
A scholarship in memory of geologist Marie-Claire Ward will be presented to a student enrolled in a master’s or doctoral program in geology at a Canadian university.