Spot Prices Tuesday April 27, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)Change…
Precious MetalsPrice (US$/oz.)Change…
There are a lot of hedges to unwind…
Vancouver-based
| AV-2 | AV-2 | ||||||||||||||||||
| Surface | Drilling | ||||||||||||||||||
| Exposed | Both | ||||||||||||||||||
| outcrop | phases | ||||||||||||||||||
| Sieve Size | #Diam | #Diam
Brazil to benefit from burgeoning China (May 03, 2004)The Chinese government intends to spend as much as US$5 billion upgrading Brazil’s system of ports and railways to improve the speed at which exports, including base metals and iron ore, reach Chinese markets. Noranda benefits from pricier metalsHigher realized prices for its bread-and-butter metals offset lower production and propelled LME Warehouse Levels (May 03, 2004)Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 27 (change from April 20 in brackets):
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