Trading Summary (June 30, 2003)
The Toronto Stock Exchange rang up a whopping four-point gain on Monday, closing at 6,983.14 in advance of the July…
News
Exploration heats up at Pebble
Vancouver Armed with a new $5 million financing, Hunter Dickinson-led junior Northern Dynasty Minerals (NDM-V) is…
La Colorada expansion complete
Vancouver — Pan American Silver (PAA-T) has boosted the output potential of the La Colorada silver mine in Mexico.
Daily Metal Prices (June 30, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 24June 23June 20June 19June 18Al Alloy1342/135…
Montcalm looking good for Falco
Falconbridge (FL-T) has outlined a positive development plan for its Montcalm nickel-copper project, 70 km northwest of Timmins, Ont.The Dighem Syndicate discovered the Montcalm deposit in 1976, and i…
US markets have tough week
If the U.S. equity markets were indeed beginning a bullish phase, then the trading period June 18-24 was another slide down the wall of worry. The Dow Jones industrial average gave back 213.17 points,…
Norilsk completes Stillwater purchase
Russia’s Norilsk Nickel has completed its acquisition of 51% of Montana-based Stillwater Mining (SWC-N) by taking delivery of 45.5 million freshly printed shares.In return, Norimet, Norilsk’s London-b…
Producer and Dealer Prices (June 30, 2003)
Antimony: Mid-mkt US$2,380/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$9.90-11.00/lb.Copper: Comex Sept. US$0.7735/lb.Indium: Indium Corp., ingot, US$140/kg.Irid…
Canadian Stock Exchange Indices (June 30, 2003)
DateJune 24June 23June 20June 19June 18HighLowTSX Composite6988.887014.667070.917078.48…
Gold stocks lose out as bullion price dips
Vancouver — Canada’s junior exchange felt the impact of a plunging bullion price during the week ended June 24. The S&P-TSX Venture Exchange composite index lost 15.39 points, or 1.37% of its value, …
Niocan soars on Oka approval
Shares in Montreal-based Niocan (NIO-T) jumped 25, or around 42%, to 85 in early afternoon trading in Toronto on June 18, after the Administrative Tribunal of Quebec approved the company’s Oka niobi…
ASIO alleges plot to kill Gutnick
During a raid on a suspected terrorist cell, Australia’s Security Intelligence Organisation unearthed an aborted plot by al-Qaeda to kill Jewish mining magnate Joseph Gutnick.The raid uncovered maps, …