Copper, aluminum lead base metals
A late rally on Friday, June 14, prevented copper and aluminum from giving up all of the gains made over the previous two weeks, but they still look set to lead the base metals complex lower over the …
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Lending Rates (June 24, 2002)
as of 4 pm ET, June 18, 2002(%)Bank of Canada2.75Canadian Prime4.25U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.87LIBOR US$ 6-month1.97LIBOR US$ 1-year2.34Gold lease 3-month0.37Gold leas…
MOST ACTIVE ISSUES, JUNE 12-18
ExchgVol(000s)HighLowCloseChangeKinross GoldT518763.813.133.32-0.26…
GREATEST VALUE TRADED, JUNE 12-18
ExchgVal($000s)HighLowCloseChangeGold Fields*N892012.9011.0512.42-0.06…
The Northern Miner — North American Mining Index (June 24, 2002)
85.21 (-0.59)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 24, 2002)
91.60 (-2.65)(Sept. 30/98 = 100)…
El Sauzal proves bankable
Vancouver — With the US$121-million takeover of Francisco Gold (FGX-V) under way, Reno-based Glamis Gold (GLG-T) is wasting no time advancing the El Sauzal property in Mexico.In mid-June, Francisco s…
EuroZinc gets
Vancouver — EuroZinc Mining (EZM-V) has inked a deal with Portuguese government-owned Exmin to acquire its 25% interest in the Malhadinha exploration concession. As a result, the Vancouver-listed jun…
Hope for Voisey’s Bay
The end of the soap opera over development of the Voisey’s Bay nickel deposit in Labrador is as welcome as it is overdue.The long deadlock between project owner Inco and the government of Newfoundland…
Bill should encourage investment
It’s hoped that the Mineral and Petroleum Resources Development Bill, under review in parliamentary committee hearings in South Africa, will be amended so that investment, jobs and empowerment prospec…
Horne employees walk out
Unionized employees at Noranda’s Horne copper smelter in Rouyn-Noranda, Que., walked off the job in mid-June.In late May, the smelter’s 510 employees voted in favour of a strike. The previous collecti…
Producer and Dealer Prices (June 24, 2002)
Antimony: Mid-mkt US$1,360/t.Bismuth: Mid-mkt US$3.10/lb.Cadmium: Mid-mkt US$0.25/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.25-7.90/lb.Copper: Comex July US$0.7600/lb.Indium: Ind…