Markets stage stunning rally
The period ending Oct. 15 saw a dramatic surge in the broad U.S. markets, with both the Dow Jones Industrial Average and the S&P 500 index surging more than 10% to 8,255.68 and 881.27 points, respecti…
Apex Silver Mines Limited
Golds slump in weak market
Dow 36,000 receded further into the distance over the report period Oct. 1-8, with the bellwether U.S. stock index plunging 437.30 points to finish at 7,501.49. But the gold stocks, which have been fe…
Golds lead way
With prices surging US$8 into the mid-US$320-per-oz. range, producers of the yellow metal proved to be the only bright spot in the U.S. markets during the report period ended Sept. 24.The U.S.-listed …
Gloomy start to September
A market rout on September’s first trading day in the U.S. might be a sign of further carnage to come this fall. For the report period ended Sept. 3, the major indices retested post-9-11 lows, with th…
Partners table Platosa resource estimate
Excellon Resources (EXN-V) and Apex Silver Mines (SIL-X) have tabled a mineral resource estimate for their jointly held Platosa property, near Bermejillo, Mexico.Completed by Roscoe Postle Associates …
Newmont rises with strong quarter
Newmont Mining turned in its first quarterly report since its mega-merger with Franco-Nevada Mining and Normandy Mining, and the results augur well for the company’s future. The company, now the world…
Silver plays ignite despite low prices
The excitement in the gold market appears to spilling over into silver plays, even though the silver price remains well below US$5 per oz.Several would-be silver producers have announced multi-million…
Apex teams with W Copper
Vancouver — Denver-based Apex Silver Mines (SIL-X) has joined forces with Western Copper Holdings (WTC-T) to explore several properties in Mexico’s Zacatecas state.The agreement consolidates 14.6 sq….
Excellon parts with portion of Platosa JV
Vancouver-based Excellon Resources (EXN-V) has decided to part with a third of its stake in a joint venture with Apex Silver Mines (SIL-X) for just less than $1.3 million.Excellon is earning a 51% int…
Platosa yields mixed results (November 26, 2001)
Vancouver — Three drill holes at the Platosa base metal property in west-central Mexico have returned significant mineralization for Excellon Resources (EXN-V).Two of the holes tested the lateral off…
CDNX mining index leads way
Vancouver — Except for technology, Canada’s junior exchange posted gains on all sub-indices during the report period ended Oct. 23. The Canadian Venture Exchange closed the week up 45.69 points, or 1…
US markets continue to slide
Denver — The Dow Jones industrial average sank another 243.43 points, or 2.7%, to 8,659.64 during the report period ended Sept. 25 — its lowest level in four years. The Nasdaq settled at 1501.64.The…