Study offers positive outlook for coal
Consumption for internationally traded thermal coal will likely remain strong, while coking demand is expected to be steady over the long term, according to a study by AME Mineral Economics of Austral…
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Producer and Dealer Prices (August 20, 2001)
Antimony: Mid-mkt US$1,005/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.30-11.00/lb.Copper: Comex Sept. US$0.6655/lb.Indium: I…
Glamis benefits from Latin American expansion (August 20, 2001)
A decade ago, Glamis Gold (GLG-T) was the quintessential American gold miner, operating mostly in eastern California, where environmental standards were, and remain, among the highest in the world. Th…
METAL PRICES (August 20, 2001)
DateAugust 14August 13August 10August 9August 8BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)Aluminium1347.50…
First-half profits lower for Cameco
Lower deliveries of uranium meant lower revenues for Cameco (CCO-T) during the three months ended June 30, but the company still showed $12.1 million in earnings (22 per share) on revenue of $138.4 m…
McWatters gets nod for highway move at Sigma
McWatters Mining’s (MCW-T) intense lobbying of three levels of government has paid off handsomely with an agreement to move a portion of the main highway leading into Val d’Or, Que.At McWatters’ Sigma…
LME Warehouse Levels (August 20, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 14/01 (change from Aug. 7 in brackets):MetalStock (tonnes)ChangeAluminium677125(…
Sherritt profits down
Nickel producer Sherritt International (S-T) saw lower profits in the first half of the year, owing to shrinking prices for its principal commodities and higher energy costs.During the six months ende…
Ashton tests northern projects
It continues to be business as usual for Ashton Mining of Canada (ACA-T), while Rio Tinto (RTP-N) shops around a 65.9% stake in the diamond explorer.Rio acquired the controlling block in late 2000 thr…
Quaterra discovers new targets
Vancouver A mapping and sampling program by Quaterra Resources (QTA-V) has discovered three new zones of platinum…
Radius moves rig to Sastre
Vancouver With the first seven reverse-circulation drill holes cutting low-grade gold mineralization in a carbona…
Cardero confirms high grades
Vancouver A five-hole drill program over the Condoryacu gold property in Argentina has confirmed the earlier-cut…