Canadian Stock Exchange Indices (November 27, 2000)
DateNov. 21Nov. 20Nov. 17Nov. 16Nov. 15HighLowTSE 3009013.868935.128953.018964.239187.0…
News
LME Warehouse Levels (November 27, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 21/00 (change from Nov. 14 in brackets):MetalStock(tonnes)ChangeAluminium331850(…
Metal Prices (November 27, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 21Nov. 20Nov. 17Nov. 16Nov. 15Aluminium1457.50…
Producer and Dealer Prices (November 27, 2000)
Antimony: Mid-mkt US$1,535/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.25-16.50/lb.Copper: Comex Dec. US$0.828/lb.
Nickel and X-ray satellites
Burning its way into space on a column of fire last December, the world’s most powerful X-ray satellite took just 29 minutes to travel from the European Space Agency’s spaceport in Kourou, French Guia…
Black Hawk flies high in third quarter
Black Hawk Mining (BHK-T) posted a US$901,000 profit in the third quarter of 2000 and earned US$2.2 million during the first nine months of the year. The figures are a considerable improvement over th…
Gold Fields in black
Denver — Despite a poor exchange rate for the rand, Gold Fields remained profitable in the first quarter of its 2001 fiscal year.Gold production grew 6% during the 3-month period ended Sept. 30, to 9…
VBN retirement: Round II
Stymied in its offer to buy back 90% of its Class VBN shares (NV-T), Inco (N-T) has changed its strategy and is now seeking to retire the shares via a redemption.Originally, Inco offered to buy the se…
Polymet launches study
Polymet Mining (POM-V) has retained Tucson, Ariz.-based Independent Mining Consultants to prepare a prefeasibility study of its Northmet polymetallic project, in northern Minnesota.Situated in the Dul…
Northern gold explorers focus on adding bulk
Size matters, especially with regard to gold projects in the Far North. As the yellow metal continues to languish below US$275 per oz., gold explorers in this high-cost environment are focusing on add…
Reporting social standards
A global survey by KPMG suggests that mining companies are making good progress in their efforts to become more accountable to external stakeholders, including non-governmental organizations (NGOs).Th…
Lower sales sink Freeport in third quarter
Denver — Lower sales volumes resulted in a third quarter loss for Freeport-McMoRan Copper & Gold (FCX-N). The major incurred a net loss of US$9.2 million (or 6 per share) in the 3-month period ended…