LME Warehouse Levels (February 17, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 11 (change from Feb. 4 in brackets):MetalStock(tonnes)ChangeAluminium1196200(+80…
News
People (February 17, 2003)
Barrick Gold — Gregory Wilkens appointed president and CEO replacing Randall Oliphant.Algoma Steel — Alexander Adam retired from board of directors.McKenzie Bay International — John Sa…
MOST ACTIVE ISSUES, FEB. 5-11
ExchgVol(000s)HighLowCloseChangeKinross GoldT3357612.0810.4511.55-0.45…
Exchange Rates (February 17, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5US$ in C$1.53011.53111.52111.5215…
Producer and Dealer Prices (February 17, 2003)
Antimony: Mid-mkt US$2,200/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.35-8.00/lb.Copper: Comex Mar US$0.7755/lb.Indium: Indi…
Spot Prices Wednesday February 12, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$363.15-21.85Silver$4.57-0.36Platinum$692.00+3.00…
Canadian Stock Exchange Indices (February 17, 2003)
DateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5HighLowTSX Composit…
Noranda takes big hit in 2002 (February 17, 2003)
Reflecting its decision to close the Magnola magnesium plant in Quebec, Noranda (NRD-T) has recorded a whopping $700-million loss for 2002.The $3.02-per-share loss included an after-tax charge of $630…
Inco aims to sustain record output of PGMs
While it has benefited strongly from higher nickel and copper prices of late, Inco (N-T) expects platinum group metals (PGMs) to remain a valuable byproduct at its operations.At its flagship Sudbury o…
Glamis unloads Cerro San Pedro stake
Glamis Gold (GLG-T) will sell its half interest in the Cerro San Pedro gold-silver project in Mexico to equal partner Metallica Resources (MR-T) for US$18 million.Metallica will pay US$2 million on cl…
Study underscores Sustut’s potential
Vancouver — A new resource estimate enhances the economic potential of the Sustut copper deposit, 65 km north of the Kemess gold-copper mine in north-central British Columbia.Partners Northgate Explo…
Daily Metal Prices (February 17, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5Al Alloy1485/1430…