Stainless future for manifolds
As engine temperatures rise to make harmful emissions fall, automakers are turning to cast stainless exhaust manifolds to prevent thermal fatigue.”Because engines are running much hotter, some applica…
News
PGE exploration tops agenda at Cordilleran Roundup
Vancouver — Platinum and palladium plays took centre-stage at the 18th annual Cordilleran Roundup, held here in late January. About 2,100 delegates and 128 exhibitors attended the 4-day event, which …
Golds tank again on price slide
The Toronto Stock Exchange was modestly higher over the trading period Jan. 24-30, avoiding the wild mood swings it had experienced in December, despite seeing relatively heavy trading. The TSE 300 co…
Mining index hurdles 6000 mark
Vancouver — Canada’s junior exchange continued to drift higher, propelled by a triple-digit gain in the mining index. The Canadian Venture Exchange composite index tacked on 81.9 points, or 2.6%, and…
Metal Prices (February 05, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 30Jan. 29Jan. 26Jan. 25Jan. 24Aluminium1690/16…
Producer and Dealer Prices (February 05, 2001)
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.45-14.30/lb.Copper: Comex March US$0.841/lb.Indium: I…
Canadian Stock Exchange Indices (February 05, 2001)
DateJan. 30Jan. 29Jan. 26Jan. 25Jan. 24HighLowTSE 300…
Darnley Bay gears up for major program
The coming year promises to be a busy one for Darnley Bay Resources (DBL-V) as it continues to search for deposits of copper, nickel, platinum group elements (PGE) and diamonds in the Inuvialuit settl…
Alcan earnings slide
With net income slipping 43% in the recent quarter, Alcan Aluminium (AL-T) is warning that a weaker economy may cut into aluminum demand.For the fourth quarter ended Dec. 31, 2000, the world’s second-…
Randgold pulls plug on mine
Denver — In response to low gold prices, Randgold Resources has suspended mining operations at the Syama gold mine in southern Mali. The company, a subsidiary of Randgold & Exploration Co. (RANGY-Q),…
The Northern Miner — North American Mining Index (January 29, 2001)
73.75 (+2.14)(Sept. 30/98 = 100)…
Tight spreads bolster base metals
The report period Jan. 15-19 was a strong one for base metals prices as tight nearby spreads in aluminum, copper and nickel supported the complex, pushing cash and 3-month quotes in several key market…