Boliden’s losses narrow in quarter
The losses of cash-strapped Swedish-Canadian miner Boliden (BOL-T) shrank in the latest quarter, thanks to increased mining and smelting production.For the three months ended June 30, the company post…
News
MOST ACTIVE ISSUES, JULY 25-31
ExchgVol(000s)HighLowCloseChangeAlcoa*N 13982 40.00 37.00 39.23 + 2.00…
The Northern Miner — North American Mining Index (August 06, 2001)
70.11 (-1.25)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (August 06, 2001)
45.46 (-2.82)(Sept. 30/98 = 100)…
Kinross to test depth of Goose (August 06, 2001)
Kinross Gold (K-T) has begun drilling at the Goose Lake deposit of Wheaton River Minerals (WRM-T). It is the largest of six deposits that constitute the George Lake project in Nunavut.Kinross can earn…
Spot Prices Wed. August 1, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$267.70-$1.55Silver$ 4.24-$0.02Platinum$470.00-$…
LME Warehouse Levels (August 06, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 31/01 (change from July 24 in brackets):MetalStock (tonnes)ChangeAluminium648800…
Teck’s profit hit by lower prices
A sharp drop in the price of power, combined with downward-spiraling metal prices, had a negative impact on Teck’s (TEK-T) second-quarter results.The company, which, as a result of its recent merger w…
Cukurdere zone expanded
The latest results from reverse-circulation (RC) drilling at the Cukurdere project in central Turkey have confirmed previous values.Partners Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-…
Exchange Rates (August 06, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 31July 30July 27July 26July 25US$ in C$1.53031.53021.53461.5…
Gold Funds (August 06, 2001)
Gold Funds as of July 26, 2001Dundee Precious MetalsCentral FundNet Value$13.05$5.14Price$9.35$4.70…
Producer and Dealer Prices (August 06, 2001)
Antimony: Mid-mkt US$1,030/t.Bismuth: Mid-mkt US$3.65/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.00-9.80/lb.Copper: Comex Sept. US$0.6825/lb.Indium: In…