US steel shipments down
A steady increase in steel imports reflects a dramatic decrease in steel shipments from U.S. steel mills in 2000, according to the Washington, D.C.-based American Iron and Steel Institute.In November …
News
McClean Lake wins environmental status
Cogema Resources’ 70%-owned McClean Lake mine in Saskatoon is the first uranium producer in Canada to receive environmental management certification.The operation achieved its new status by adhering t…
Reserve boost at McArthur River
Cameco (CCO-T) has blocked out additional reserves at its McArthur River uranium mine, 280 km north of La Ronge in northern Saskatchewan.The announcement follows the release of revised year-end tonnag…
Native teachers to attend BC workshop
The British Columbia Ministry of Energy and Mines will expend $60,000 in an effort to encourage teachers from aboriginal communities to attend a workshop about mining and minerals.Participants will at…
MOST ACTIVE ISSUES, JAN. 24-30
ExchgVol(000s)HighLowCloseChangeAlcoa*N 14252 35.62 33.50 35.42 +1.48…
New economy shivers in dark . . . Old economy rides to rescue
If a picture is worth a thousand words, then the image of technology whiz-kids and their billionaire bosses shivering and staring at blank computer screens in California’s Silicon Valley speaks volume…
Spot Prices Wed. January 31, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$266.20+$0.50Silver$ 4.79+$0.02Platinum$605.00-$7.00…
LME Warehouse Levels (February 05, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 30/01 (change from Jan. 23 in brackets):MetalStock (tonnes)ChangeAluminium392900…
Exchange Rates (February 05, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 30Jan. 29Jan. 26Jan. 25Jan. 24US$ in C$1.49851.50091.50631.5…
Market eyes rate cut
Denver — The Dow Jones industrial average climbed 231.39 points, or 2.2%, to 10,881.20 during the report period ended Jan. 30, in anticipation of the 0.5% interest rate cut by the U.S. Federal Reserv…
GREATEST VALUE TRADED, JAN. 24-30
ExchgVal($000s)HighLowCloseChangeAlcoa*N 504827 35.62 33.50 35.42 +1.48…
Kinross eyes Kubaka lookalike in Russia
A blind discovery in the Magadan region of northeastern Russia is looking more and more like the producing Kubaka gold deposit.Kinross Gold (K-T), which holds 54.7% interests in both projects, is unde…