Spot Prices Wed. May 8, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$310.90+$2.60Silver$ 4.62+$0.08Platinum$525.00+$…
News
Kalimantan Gold keeps the faith
Vancouver — At the same time that it explores its copper porphyry property in central Kalimantan, Indonesia, Kalimantan Gold (KLG-V) is demonstrating its commitment to sustainable development.In part…
Battle brewing over Montana rules
Vancouver — Banking that a 1998 anti-mining initiative will eventually be stricken from the books, Canyon Resources (CAU-X) has proposed a new mine design for the long-stalled McDonald gold project n…
LME Warehouse Levels (May 13, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 7 (change from April 30 in brackets):MetalStock (tonnes)ChangeAluminium1116700(+5…
Exchange Rates (May 13, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 7May 6May 3May 2May 1US$ in C$1.57001.56831.56481.5618…
Producer and Dealer Prices (May 13, 2002)
Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.25/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.25-8.75/lb.Copper: Comex May US$0.7260/lb.Indium: Indi…
Canadian Stock Exchange Indices (May 13, 2002)
DateMay 7May 6May 3May 2May 1HighLowTSX Composite7561.377581.057663.857670.497647.308…
MOST ACTIVE ISSUES, MAY1-7
ExchgVol(000s)HighLowCloseChangeTVX GoldT356391.431.251.37+0.07…
CMHF calls for nominations
The Canadian Mining Hall of Fame’s (CMHF) board of directors has issued its annual call for nominations.The next group of inductees will be honoured at a ceremony in January 2003. Their names will be …
Responsibility and reason
The past decade has seen “socially responsible investing” grow from a fringe habit followed mainly by cartoon lefties, to a practice followed by a significant minority of investors. Like it or lump it…
Silver coin exceeds 100m oz. in sales
The U.S. Mint reports that sales of its American Eagle silver coin have topped 100 million oz.More than 100,700 of the 1-oz. coins have been sold since they were introduced in 1986. That’s equivalent …
Anglo gains Disputada for US$1.3 billion
Vancouver — Adding some muscle to its already-impressive base metals portfolio, London-based Anglo American (AAUK-Q) has agreed to buy Exxon Mobil’s (XOM-N) Chilean copper mining subsidiary for US$1….