PGM markets undergo shifts: report
Last year, platinum group metals (PGM) markets continued to experience wild shifts in supply, demand, and price, a trend that is likely to continue, according to Platinum Group Metals Survey 2002. The…
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Producer and Dealer Prices (July 08, 2002)
Antimony: Mid-mkt US$1,425/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.75-7.70/lb.Copper: Comex Sept US$0.7625/lb.Indium: Ind…
Spot Prices Wed. July 3, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$314.45-$10.15Silver$ 4.92+$0.07Platinum$531.00-…
Camafuca wins final approval
Angola’s Council of Ministers has approved the operating agreement for the Camafuca diamond project, 20 km southwest of Lucapa in Lunda Norte province. The council also OKed the creation of Sociedade …
Renard 3 yields larger stones (July 08, 2002)
Ashton Mining of Canada (ACA-T) and Soquem have recovered eight macrodiamonds and 11 micros from a 54.6-kg sample at the Renard 3 kimberlite pipe on the 1,536-sq.-km Foxtrot property in the Otish Moun…
Exchange Rates (July 08, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 2July 1June 28June 27June 26US$ in C$1.5260Holiday1.51871.51…
Canadian Stock Exchange Indices (July 08, 2002)
DateJuly 2July 1June 28June 27June 26HighLowTSX Composite7013.39Holiday7145.617073.81…
MOST ACTIVE ISSUES, JUNE 26-JULY 2
ExchgVol(000s)HighLowCloseChangeDurban R Deep*Q282115.013.783.78-0.94…
Weaker U.S. stocks stumble
With markets weakening across the board, mining stocks were generally lower on U.S. exchanges. The Dow Jones Industrial Average fell 119.07 points, or 1.3% of value, over the five trading days from Ju…
GREATEST VALUE TRADED, JUNE 26-JULY 2
ExchgVal($000s)HighLowCloseChangeAlcoa*N73950633.8030.4532.26+1.12…
Correction (July 08, 2002)
Our Venture Exchange market report of June 17 referred to American Bonanza Gold Mining (BZA-V) as “cash-strapped.”Shortly before that issue went to press, the company had completed a public offering o…
LME Warehouse Levels (July 08, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 2 (change from June 25 in brackets):MetalStock (tonnes)ChangeAluminium1253975(+2…