Producer and Dealer Prices (October 07, 2002)
Antimony: Recent trades US$3,200-3,300/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.31/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.00-6.50/lb.Copper: Comex Dec US$0.6705/lb….
News
MOST ACTIVE ISSUES, SEPT. 25-OCT. 1
ExchgVol(000s)HighLowCloseChangePlacer DomeT2612315.9414.0114.27-1.83…
NAME CHANGES (October 07, 2002)
Zen International (ZQP-V) has changed its name to Orca Petroleum (OPI-V) on a 1-new-for-10-old-share basis.Terrastar Resources (TSR-V) has changed its name to Pine Point Mines…
Daily Metal Prices (October 07, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 1Sept. 30Sept. 27Sept. 26Sept. 25Al Alloy1203/…
Gossan targets Bird River sill
A small drill program by Gossan Resources (GSS-V) is following up prospective platinum-palladium targets in the Bird River sill complex in southeastern Manitoba.The 20.6-sq.-km property, which is divi…
Alcoa bids for Elkem (October 07, 2002)
U.S. aluminum giant Alcoa (AA-N) has initiated a cash tender offer for 3.5 million shares in Norway’s Elkem at 175 Norwegian kroner per share, or about US$26.31 apiece.Alcoa, which currently owns 46.3…
De Beers boosts stake in partner
By exercising 984,000 share purchase warrants at 80 apiece, De Beers Canada Exploration has increased to 6.4% its interest in Mountain Province Diamonds (MPV-T).De Beers acquired the warrants when, i…
Hecla revises ’02 forecasts
With its operations still exceeding expectations, Hecla Mining (HL-N) has once again increased its production forecast for the current year.The Coeur d’Alene, Idaho-based silver miner now expects to h…
Goldsmithing in South Africa
AngloGold recently hosted a goldsmith training project in conjunction Electra Mining 2002, an exhibition held in Johannesburg. The highlight of the project was a visit from Bakary Yali, a Malian golds…
Barrick cuts forecast, shares plunge (October 07, 2002)
A double whammy of lowered earnings expectations and a sagging bullion price sent shares of Barrick Gold (ABX-T) reeling on Sept. 26.The company’s issue opened the day $2.42, or 8.6%, lower in Toronto…
Reed to speak at Ontario Club
Geophysical consultant Laurie Reed will discuss the Selbaie mine at a meeting of the Toronto Geological Discussion Group Oct. 22 at the Ontario Club in Toronto.The mine, situated near Villebois in nor…
LME Warehouse Levels (October 07, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 1 (change from Sept. 24 in brackets):MetalStock (tonnes)ChangeAluminium1290050(-…