CDNX flatlines amid economic uncertainty
Vancouver — Canada’s junior exchange stalled over the week ended Nov. 27. The Canadian Venture Exchange composite index lost 0.03 of a point and closed at 3064.62. The mining index lost 20.22 points,…
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GREATEST VALUE TRADED, NOV. 21-27
ExchgVal($000s)HighLowCloseChangeAlcoa*N32835438.8937.6038.28+0.44…
Producer and Dealer Prices (December 03, 2001)
Antimony: Mid-mkt US$1,225/t.Bismuth: Mid-mkt US$3.40/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.50/lb.Copper: Comex Dec. US$0.7035/lb.
LME Warehouse Levels (December 03, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 27/01 (change from Nov. 20 in brackets):MetalStock(tonnes)ChangeAluminium690175(…
Central Asia, Caucasia in transition
Since the collapse of the Soviet Union in 1989, most countries in Europe and the Commonwealth of Independent States have tried to reintegrate with the world economy. However, 12 years later, some of t…
Daily Metal Prices (December 03, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 27Nov. 26Nov. 23Nov. 22Nov. 21Aluminium…
Trading Summary (November 30, 2001)
The Toronto Stock Exchange added 25.21 points to end at 7,425.7 points on Friday. At the end of trading six of the…
Noranda reduces copper production
Feeling the pinch of weak copper prices, Noranda (NRD-T) plans to suspend production at the Gaspe smelter in May. T…
Hucamp finds irregularities
An internal investigation by Hucamp Mines (YHU-V) has turned up some serious irregularities in the company’s cash a…
Asarco tables copper cuts
Vancouver — Joining the ranks of other major producers, Phoenix-based Asarco, a subsidiary of Grupo Mexico S.A. de…
SouthernEra eyes losses as mines develop
With $2.7 million in exploration cost write-offs, SouthernEra Resources (SUF-T) posted a loss of $1.2 million for t…
Gold Fields inks deal with Radius (November 30, 2001)
Vancouver — Holding a 12% equity stake in Radius Explorations (RDU-V), South African-based Gold Fields (GOLD-Q) ha…