Labrador Inuit sign deal
The Labrador Inuit Association (LIA) has signed a memorandum of understanding (MOU) with the Newfoundland government aimed at prohibiting mining and mineral processing in the proposed Torngat Mountain…
News
UK auction ushers in summer doldrums for gold
The decidedly lacklustre response to the Bank of England’s latest auction may have set the tone for gold prices for the rest of the summer.On July 12, the bank sold 804,000 oz. gold at US$279.50 per o…
SEG opens HQ near Denver
The Society of Economic Geologists (SEG) has opened the doors at its new headquarters in Littleton, Colo., a suburb of Denver.The building was the result of several anonymous donations totalling more …
BGS publishes survey
The British Geological Survey (BGS) has published its 22nd volume of World Mineral Statistics.The statistics were compiled in 1994-1998 and cover most internationally traded mineral commodities.”Many …
MOST ACTIVE ISSUES, July 5-11
Volume(000s)HighLowCloseChangeAlcoa*N…
Metal Prices (July 17, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)Aluminium1569/15931541/15671543/1568…
Exchange Rates (July 17, 2000)
US$ in C$1.47821.48001.48111.48531.4907C$ in US$0.67650.67570.67520.67330.6708…
GREATEST VALUE TRADED, July 5-11
Value($000s)HighLowCloseChangeAlcoa*N…
Toronto Stock Exchange Indices (July 17, 2000)
— 52-week –DateJuly 11July 10July 7July 6July 5High…
Gold down before UK auction
The Dow Jones industrial average climbed 166.52 points, or 1.6%, to 10,727.19 during the report period July 5-11.Gold was off at US$282.20 per oz. on the Comex division of the New York Mercantile Exch…
Nickel continues steady recovery
Metals traded thinly during the report period July 3-7, partly reflecting the American Independence Day holiday. Aluminum, copper and zinc drifted toward the lower end of their recent narrow ranges, w…
Correction (July 17, 2000)
In our July 10 issue, we erred in stating that Explorations Minire du Nord (MDN-T) holds a back-in right for a 20% interest in the Tulawaka project, in addition to its existing 30% stake. In holds no…