Metal Prices (July 31, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 25July 24July 21July 20…
News
MOST ACTIVE ISSUES, July 19-25
ExchgVol(000s)HighLowCloseChangeAlcoa*N 10017 32.31 30.19 31.31…
TSE Shorts (July 31, 2000)
Short positions outstanding at July 15, 2000Larger individual positions include: Abitibi-Consolidated 1,144,461 up 530,935; Alcan Aluminium 742,357 up 359,552; Barrick Gold 4,879,235 up 416,…
Tips for Day
We can’t help feeling a bit sorry for Stockwell Day, the newly elected leader of the Canadian Alliance, formerly known as Reform. For our American readers, Day is a charismatic version of George W. Bu…
Broad index rises as majors take a tumble on TSE
The Toronto Stock Exchange 300 index rose 131.63 points during the July 19-25 report period to end at 10,867.10.With the exception of palladium, precious metals suffered losses in London trading: gold…
Red metal moves on up
Metal prices delved into a bag of mixed fortunes during the report period July 17-21 as copper led the way in breaking its range to reach US$1,870 per tonne following several failed attempts to overco…
TSE INDICES (July 31, 2000)
DateJuly 25July 24July 21July 20July 19HighLowTSE 30010867.1010783.4810842.0810740.801…
Birch Mountain Resources rapped for disclosure again
Following a review by the Canadian Venture Exchange (CDNX), Birch Mountain Resources (BMD-V) has retracted statements that two outside laboratories had confirmed “a new form of gold and platinum group…
Peruvian tax changes could hurt miners
The Peruvian congress has passed a bill aimed at removing many of the existing financial incentives for mining.The bill, presented by President Alberto Fujimori, who was recently re-elected to a third…
De Beers, Winspear make peace as bid extended
The sabre-rattling between De Beers Consolidated Mines (DBRSY-Q) and takeover target Winspear Diamonds (WSP-T) has ended with an agreement that allows the offer to be extended to Aug. 15 from July 28….
PEOPLE (July 31, 2000)
Canyon — David Fagin appointed director.Crystallex — C.W. Longden and David Matheson appointed directors.Dia Met — James Rothwell appointed president and CEO.Inter-Citic…
Yukon environment group funds research
The Whitehorse-based Mining Environment Research Group (MERG) is funding five projects in the Yukon.The projects are designed to reduce environmental compliance costs through the development of new te…