Producer and Dealer Prices (September 25, 2000)
Antimony: Mid-mkt US$1,825/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$14.60-16.20/lb.Copper: Comex Dec. US$0.9305/lb.Indium: I…
News
LME Warehouse Levels (September 25, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 19/00 (change from Sept. 12 in brackets):MetalStock(tonnes)Change…
EVENTS (September 25, 2000)
Oct. 6-19 Mechanized Excavation: The Next Decade Organizer: World Rock Boring Association, Sudbury, Ont. Tel: (705) 673-6572. Fax: (705) 673-6508. E-mail: bevans@nickel.laurentian.ca.
Cambior sells La Granja copper project
Montreal-based Cambior (CBJ-T) is selling its La Granja copper deposit in Peru to an unnamed buyer.At the same time, Empresa Minera del Peru (Minero Peru) announced an auction to sell its 5% net smelt…
Teck bullish on Pogo’s potential
The Pogo project in central Alaska has a gold resource estimated at 5.6 million contained ounces, and operator Teck (TEK-T) believes there is good potential for expansion.TeckGold, a newly formed, who…
Unresolved legal dispute stalls development of Verkhotina project
After spending about US$16.5 million to explore the Verkhotina diamond licence near the White Sea in northwestern Russia, Archangel Diamond (AAD-V) is unable to advance the project because of an ongoi…
Central Canada’s diamond hunt gets second wind
Diamond exploration in central Canada is getting its second wind following a number of promising developments.Although Ontario and Quebec were hopping in the mid-1990s, when financing for diamond expl…
Partners await results
In July, Guyanor Ressources (GRL.B-T) and partner Rio Tinto (RTP-N) completed a sampling program at the Dachine diamond property in French Guiana.The partners processed more than 715 tonnes of diamond…
De Beers completes Winspear deal
De Beers Consolidated Mines (DBRSY-Q) confirms that it has acquired more than 96.2% of the shares of Winspear Diamonds as the result of its $5.00-per-share takeover bid.De Beers will now invoke the co…
Drill results boost re-listed Philex
Less than three weeks after being delisted from the Toronto Stock Exchange for failing to meet the required $2-million market capitalization, Philex Gold (PGI-V) has seen the market value of its stock…
Global Diamond recovers gemstones in South Africa
Trial mining by Global Diamond Resources (GDRS-O) has yielded gemstones that sold for an average price of US$1,443 per carat from the Grasdrif alluvial diamond property on the South African side of th…
Brit gold sale clobbers miners
Denver — The Dow Jones industrial average fell 443.94 points, or 3.9%, during the report period ended Sept. 19 to close at 10,789.29 amid inflationary fears.The price of gold edged off slightly to US…