TVI pours gold at Canatuan in Philippines
Vancouver — TVI Pacific (TVI-T) has poured its first gold-silver dor bar at the rehabilitated Canatuan oxide plant in southwestern Philippines.The plant, operating at 50 tonnes per day, is initially…
2003
Tahera tables Jericho EIS (February 03, 2003)
Tahera (TAH-T) has submitted the final environmental impact statement for the Jericho diamond project in Nunavut.The EIS will now face a minimum 60-day review period by regulators, followed by public …
Demand recovers after volatile period
The first few years of the millennium witnessed a volatile gallium market, according to a report from London-based Roskill Information Services.The authors of The Economics of Gallium report that afte…
Fire won’t affect Brunswick output: Noranda
Noranda says a fire in late January at the Brunswick lead-silver smelter in Belledune, N.B., will not affect production.The fire occurred in an isolated area of the complex that houses the silver refi…
Gov’t helps Inuit drilling firm
The federal government has given $100,000 to Inuit-owned Nuvumiut Drilling so it can buy prospecting and drilling equipment. The move is designed to allow the Inuit of Salluit and Kangiqsujuaq in far-…
Kensington board all in favour of keeping Stone
The board of Kensington Resources voted unanimously to keep David Stone as its president after the company failed to report insider trading in Kensington stock made by Stone between 1997 and 2000.Ston…
Canadian Stock Exchange Indices (February 03, 2003)
DateJan. 28Jan. 27Jan. 24Jan. 23Jan. 22HighLowTSX Composite6570.096556.526664.906737.436721.287992.705678.28TSX Metals & M…
Venture Exchange slips as gold dips
Vancouver — Canada’s junior exchange took a breather over the week ended Jan. 28. The S&P-TSX composite index slipped 8.99 points, or 0.8% of its value, to close at 1114.42.Quaterra Resources was the…
MOST ACTIVE ISSUES, JANUARY 22-28
ExchgVol(000s)HighLowCloseChangeSilverado*Q677770.530.210.30-0.28…
Spot Prices Wednesday January 29, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$369.85+10.60Silver$4.85+0.02Platinum$649.00+1.00…
Lending Rates (February 03, 2003)
as of 4 pm ET, Jan. 28, 2003(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.34LIBOR US$ 6-month1.34LIBOR US$ 1-year1.42Gold lease 3-…
Daily Metal Prices (February 03, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 28Jan. 27Jan. 24Jan. 23Jan. 22Al Alloy1425/139…