LME Warehouse Levels (November 19, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 13/01 (change from Nov. 6 in brackets):MetalStock (tonnes)ExchangeAluminium694150…
News
Exchange Rates (November 19, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 13Nov. 12Nov. 9Nov. 8Nov. 7US$ in C$1.5981na1.60211.5981…
Franco, Normandy rise on Newmont bid
Gold prices experienced two mini-rallies during the Nov. 7-13 trading period before settling down to a trading range of US$277-278 per oz.The first spike came on the morning of Nov. 12 following the c…
Canadian Stock Exchange Indices (November 19, 2001)
DateNov. 13Nov. 12Nov. 9Nov. 8Nov. 7TSE 3007324.447223.887209.697140.797147.259661.52…
Glamis Gold builds on profitable performance
Vancouver — Improved production at the Rand mine in southern California helped Glamis Gold (GLG-T) post its fourth straight quarterly profit.Earnings for the third quarter totalled US$600,000 (or US1…
PGM traffickers cuffed
Johannesburg-based Business Day reports that local police have closed in on criminal syndicates suspected of stealing and trafficking in platinum group metals. Authorities arrested 40 people in the Ru…
Correction (November 19, 2001)
Vancouver — In our Nov. 5-11 issue, we reported that Eldorado Gold’s (ELD-T) projected production for 2001 is 117,000 oz. and that operating costs are forecast at US$209 per oz.Eldorado forecasts gol…
Silver Standard active in Argentina
Vancouver — Junior Silver Standard Resources (SSO-V) reports impressive results from infill and exploration drilling at the Manantial Espejo silver-gold project in Argentina’s Santa Cruz province.So …
Newmont bid stirs market
Newmont Mining shocked the gold mining world on Nov. 14 by launching a simultaneous, all-share takeover bid for Canada’s Franco-Nevada Mining and Australia’s Normandy Mining. The deal would create the…
MOST ACTIVE ISSUES, NOV. 7-13
ExchgVol(000s)HighLowCloseChangeAlcoa*N1101436.4633.6036.30+2.29…
Producer and Dealer Prices (November 19, 2001)
Antimony: Mid-mkt US$1,225/t.Bismuth: Mid-mkt US$3.50/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.75-7.60/lb.Copper: Comex Dec. US$0.6775/lb.Indium: Ind…
Daily Metal Prices (November 19, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 13Nov. 12Nov. 9Nov. 8Nov. 7Aluminium1303.50/13…