Canadian Stock Exchange Indices (May 27, 2002)
DateMay 21May 20May 17May 16May 15HighLowTSX Composite7688.31Holiday7727.037738.117706.
Oracle Mining Corp
Meridian eager to drill Machacala (May 27, 2002)
Meridian Gold (MNG-T) is gearing up for its first round of exploration drilling at the Machacala gold-silver property in Peru, held by Montreal-based junior Gold Hawk Resources (CGK-V).As operator, Me…
Canadian Stock Exchange Indices (May 20, 2002)
DateMay 14May 13May 10May 9May 8HighLowTSX Composite7716.917661.407596.067632.267707.82…
Precious metals rise in tandem on eastern markets
Precious metals took the spotlight during the March 20-26 report period, with gold, silver, platinum and palladium all rising in London bullion markets.Gold appreciated an impressive $4.80 over the fi…
Base metals prices confound expectations
After a week (Jan. 28-Feb. 1) which saw copper move from severe vulnerability to the strongest technical close in more than six months and aluminum climb above US$1,400 per tonne, the base metals comp…
Meridian eyes half-stake in Gold Hawk
Mid-tier producer Meridian Gold (MNG-T) has reached an agreement that could give it a controlling interest in Montreal-based junior Gold Hawk Resources (CGK-V).Under the proposed deal, Meridian would …
US data drag prices lower
Despite fresh production cuts in zinc and copper (in byproduct form), base metals prices continued to trend lower during the report period Oct. 29-Nov. 2, dominated by poor economic data out of the U….
Base metal consumption falls
The extent to which the world has changed since the events of Sept. 11 was made more clear when the base metals industry gathered for LME Week (Oct. 22-26), a major event in the metals calendar year. …
IMF forecasts spur optimism
Metals prices turned in another poor performance during the report period Sept. 24-28 as fears over the global economic outlook intensified. Of the major London Metal Exchange metals, nickel and zinc …
Gold Hawk to test Machacala Aurora
Gold Hawk Resources (CGK-M) has raised $216,000 by privately placing 1 million shares priced at 20 apiece with nine investors. Each share includes a warrant entitling the holder to buy another share …
Golds evade Toronto stock slide
The Toronto gold stocks were higher over the report period Aug. 8-14, picking up substantial gains as the rest of the market declined. The Toronto Stock Exchange’s TSE 300 composite index was down 166…
Copper, nickel gain despite slowdown
Metals prices are proving to be resilient in the face of slowing economic growth and a barrage of discouraging economic indicators. In the race for stability and strength between the U.S. dollar and t…