Discouraging data dampen metals prices
Sept. 16-20 at a Glance- Copper — Chinese production rises, but net imports remain strong.- Aluminum — Company share-price declines highlight poor demand, while primary production rises.- Nickel — …
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Canadian Stock Exchange Indices (September 30, 2002)
DateSept. 24Sept. 23Sept. 20Sept. 19Sept. 18HighLowTSX Composite6068.896080.086202.006188.2063…
NAME CHANGES (September 30, 2002)
International Bravo Resource (BIG-V) has changed its name to Bravo Ventures Group (BVG-V) on a 1-new-for-7-old-share basis.Redmond Ventures (RMD-V) has changed its name to Crown Poi…
TSE Short Positions (September 30, 2002)
Short positions outstanding at September 15, 2002Larger individual positions includeAgnico-Eagle 5,919,985 up 253,219; Alcan 1,104,556 up 277,453; Barrick 7,940,421 down 416,532;…
GREATEST VALUE TRADED, SEPTEMBER 18-24
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N57170129.5427.9729.44+1.02…
LME Warehouse Levels (September 30, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 24 (change from Sept. 17 in brackets):MetalStock (tonnes)ChangeAluminium1,292,825…
Daily Metal Prices (September 30, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 24Sept. 23Sept. 20Sept. 19Sept. 18Al Alloy128…
Spot Prices Wed. September 25, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$325.50+$7.90Silver$ 4.63+$0.05Platinum$564.00+$…
Lending Rates (September 30, 2002)
as of 4 pm ET, Sept. 24, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.79LIBOR US$ 6-month1.75LIBOR US$ 1-year1.82Gold lease 3-month0.24Gold lea…
The Northern Miner — Small Producers Index (September 30, 2002)
76.71 (-2.12)(Sept. 30/98 = 100)…
MOST ACTIVE ISSUES, SEPTEMBER 18-24
ExchgVol(000s)HighLowCloseChangeAlcoa*N2886221.1519.3519.57-1.95…
All eyes on Carlin trend
North America doesn’t realize that the latest gold rush on this continent is only just beginning, remarked one of Canada’s most experienced mining financiers before a recent tour of Nevada’s Carlin go…