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$0.6775/lb.Indium: Ind…
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Daily Metal Prices (November 19, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 13Nov. 12Nov. 9Nov. 8Nov. 7Aluminium1303.50/13…
Producers vow to stem trade of ‘conflict diamonds’
The world’s diamond producers will meet with mines ministers from various countries to propose ways to combat the trade in “conflict diamonds,” or diamond sales that finance conflicts in Africa. The m…
Kyoto requires scrutiny
Our industry takes the issue of climate change seriously, and we are actively engaged in developing and implementing measures to limit greenhouse gas (GHG) emissions. We are committed to continuing th…
Sulliden wins award for Mario
Sulliden Exploration’s Mario property has been named Peru’s “mining prospect of the year” by a committee of 15 representatives of that country’s mining industry.The Montreal-based junior has an option…
Ruttan to close sooner
The Ruttan copper-zinc mine in northern Manitoba will be closing sooner than expected, owing to low metal prices.Hudson Bay Mining & Smelting had announced in the mid-1990s that the mine would shut do…
NAME CHANGES (November 19, 2001)
Lucero Resource (LCR-V) has changed its name to Squared Developments (SQD-V) on a 1-new-for-10-old-share basis.Totem Mining (TOH-V) has changed its name to Comcorp Ventures…
Mtn Province arranges financing
Low on cash, Mountain Province Diamonds (MPV-T) intends to raise just under a million dollars in a private placement of more than 1.9 million units priced at 50 apiece.A unit will consist of one shar…
GREATEST VALUE TRADED, NOV. 7-13
ExchgVal($000s)HighLowCloseChangeAlcoa*N39981536.4633.6036.30+2.29…
Northern Miner Indices (November 19, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
TVX chalks up quarterly loss (November 19, 2001)
Lower realized prices and the devaluation of the Brazilian real saw TVX Gold (TVX-T) end the third quarter in the red.Net losses in the three months ended Sept. 30 totalled US$1.1 million on revenue o…
Vannessa seeks injunction
Vancouver — Legal issues are once again taking centre-stage at the Las Cristinas gold property in Bolivar state, Venezuela. Minera Las Cristinas (Minca), which is 95%-held by Vannessa Ventures (VVV-V…