GREATEST VALUE TRADED, Feb. 9-15
ExchgVal($000s)HighLowCloseChangeAlcoa*N 1009040 74.19 64.44 73.69 + 7.75…
News
Dayton plans to diversify
In a bid to diversify beyond its Chilean gold mine, Dayton Mining (DAY-T) has agreed to buy Kinross Gold’s (K-T) 49% stake in the Denton-Rawhide gold-silver mine, 190 km southeast of Reno, Nev.Kenneco…
Silver demand still exceeds supply
Global silver production during 1999 is expected to have reached 552 million oz., a 3% increase over final figures reported a year earlier, according to the Silver Institute of Washington, D.C.Mexico …
Juniors struggle to find favour with investors
Junior companies are facing the struggle of their lives during this prolonged industry downturn, and the general view is that only the brightest and the best will survive. But even juniors with compet…
MOST ACTIVE ISSUES, Feb. 9-15
ExchgVol(000s)HighLowCloseChangeWilliam ResT 209860 0.31 0.11 0.19 + 0.08…
Summo awaits feasibility
Solvent extraction techniques are proving increasingly attractive to conventional copper mining companies as they struggle against historically low prices.One such company, Denver-based Summo Minerals…
METAL PRICES (February 21, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 15Feb. 14Feb. 11Feb. 10…
Underground sampling begins at Snap Lake
In hopes of starting production as early as 2002, Winspear Resources (WSP-V) has launched an exploration program that will form the backbone of a feasibility study for the Snap Lake diamond project, 2…
EXCHANGE RATES (February 21, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 15Feb. 14Feb. 11Feb. 10Feb. 9…
PRODUCER AND DEALER PRICES (February 21, 2000)
Antimony: Mid-mkt US$1,170/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$13.80-15.10/lb.Copper: Comex Mar. US$0.827/lb.Indium: In…
Manhattan outlines new gold zones
Drilling by Manhattan Minerals (MAN-T) at its 75%-optioned Tambo Grande polymetallic property in northwestern Peru continues to outline gold zones near the main depositThe Southwest zone, outlined dur…
Gold hangs tough
The Dow Jones industrial average fell 239.51 points, or 2.2%, during the report period ended Feb. 15 to close at 10,718.09.Spot gold climbed slightly to US$301.70 per oz. on the Comex division of the …