2005

High volume leads mostly to losses

The period April 12-18 saw the price of gold fall $3.25, to US$425.75 per oz., where it closed in the afternoon in London. All the mining-related indices fell as well. The gold index fell 9.4 points t…


Freewest strips sulphides at Sungold

A massive sulphide discovery by Freewest Resources (FWR-V) has revived interest in the Shebandowan area of northwestern Ontario, which is better-known for gold and nickel….


Venture board takes its lumps

Junior explorers were bruised and battered as gold remained weak over the April 12-18 report period. The S&P-TSX Venture Composite Index continued its slide, shedding a whopping 138.87 points, or…



Commodity gloom spreads

U.S. equity markets were generally lower in the report period April 12-18, with the Dow Jones Industrial Average falling back 377.31 points, or 3.6% of value, to close at 10,071.25 points. Even as cru…



Canadian Stock Exchange Indices (April 25, 2005)




FNX Mining adopts ‘poison pill’

FNX Mining (FNX-T) has adopted a shareholder rights protection plan, or “poison pill,” attaching one right to each of its 50.2 million shares outstanding. The rights will also be is…


Cambior production, shares fly higher

Higher mill throughput at the Rosebel mine in Suriname enabled Cambior (CBJ-T) to produce 10% more gold in the first quarter than a year earlier….



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Date April 18 April 15 April 14 April 13 April 12 High Low
TSX Composite 9330.99 9277.12