Chinese investors to build silver ‘zone’
In an effort to cultivate China’s burgeoning silver industry, private investors are planning to build the Shanghai Silver Industry Exploitation Zone.Led by Shanghai Contor Enterprise Develop Co., the …
News
Renewed strength for copper, nickel
After looking at estimated relative metal price performances for 2004, copper looks to be the strongest, and we believe there are strong fundamental reasons for an aggressive annual average cash price…
Spot Prices Tuesday, Jan. 6, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$428.00+12.40Silver$6.28 +0.37Platinum$850.00+38.00…
LME Warehouse Levels (January 12, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 5 (change from Dec. 24 in brackets):MetalStock(tonnes)ChangeAluminium1422525(+33…
Golds glitter on junior exchange
Vancouver — Canada’s junior exchange continued its love affair with bullion over the holiday-shortened trading week that ended Jan 6. The S&P-TSX Venture Exchange composite index added 55.5 points, o…
Exchange Rates (January 12, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 6Jan. 5Jan. 2Dec. 31Dec. 30US$ in C$1.28191.28031.29001.2924…
Producer and Dealer Prices (January 12, 2004)
Antimony: Mid-mkt US$2,280/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$17.90-22.50/lb.Copper: Comex Mar. US$1.0705/lb.Indium: Indium Corp., ingot, US$320/kg.Irid…
Canadian Stock Exchange Indices (January 12, 2004)
DateJan. 6Jan. 5Jan. 2Dec. 31Dec. 30HighLowTSX 8405.108381…
The Northern Miner Indices (January 12, 2004)
North American Mining: 105.83 (-10.20)Small Producers: 120.12 (+4.48)(Sept. 30/98 = 100)…
Uranium price surge limited for Cameco
Cameco (CCO-T) warned on Jan. 9 that its pre-existing, lower-priced uranium sales contracts will temper benefits ar…
Aquiline eyes $6 million for Calcatreu
Aquiline Resources (AQI-V) plans to raise $6 million via the private placement of 5 million units as it plans to dr…
Canyon confirms El Aguila continuity
A second-phase of drilling by Canyon Resources (CAU-X) has confirmed the continuity of a gold-silver zone at the Ag…