The Northern Miner Indices (January 05, 2004)
North American Mining: 116.03 (+5.73)Small Producers: 115.64 (+8.68)(Sept. 30/98 = 100)…
2004
Silver stocks take flight
With silver spot prices soaring US20, to US$5.86 per lb., all the U.S.-listed silver stocks enjoyed strong gains during the 4-day period ended Dec. 29.Leading the way was Idaho-based Coeur d’Alene Mi…
Kinross drops Pac Rim shares
Kinross Gold (K-T) has sold its entire stake in junior Pacific Rim Mining (PMU-T); the 17.6 million shares sold represent 22% of the latter’s share base.Toronto-based GMP Securities says institutional…
Daily Metal Prices (January 05, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 29Dec. 26Dec. 25Dec. 24Dec. 23Al Alloy1456/149…
Junior exchange shows holiday cheer
Vancouver — Canada’s junior exchange continued to gain ground over the holiday-shortened week ended Dec. 29. The S&P-TSX Venture Exchange composite index tacked on 64.75 points, or 3.89%, to close at…
Miners surge after Christmas break
The Toronto Stock Exchange’s gold issues dominated the holiday-shortened report period ended Dec. 29.The gold index shot up 15.59 points over the three days to end 6.5% higher at 234.03. Most of the g…
Trading Summary (January 02, 2004)
The Toronto market was higher in the first day’s trading of 2004, as the TSX Composite index rose 72.81 points to 8…
Lumina acquires Relincho deposit
Vancouver — Lumina Copper (LUM-V) has inked a deal with Andes Pacific Development to acquire a 100% interest in th…
Taseko eyes Gibraltar rebirth
Vancouver — A mining investment partnership is looking to raise up to $35 million in an effort to resume operation…
Klipspringer trips over exchange rate klip
The rising South African rand has forced SouthernEra Resources (SUF-T) to suspend operations at its Klipspringer di…