LME Warehouse Levels (January 01, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 22/00 (change from Dec. 19 in brackets):Aluminium307250(+8325)Aluminium Alloy88200(-840)Copper348150(+9950)Lead…
News
Gold Funds (January 01, 2001)
Gold Funds as of Dec. 21 2000Dundee Precious MetalsCentral FundNet Value$11.44$5.36Price$6.20$4.670Discount45.8012.90Value$81,298,000$90,658,056…
Correction (January 01, 2001)
In our Investment Commentary (T.N.M., Dec. 18/00), Glenn Brown of Haywood Securities was incorrectly identified as the author of an analyst’s report on Mansfield Minerals (MDR-V).The report was writte…
Ontario gov’t to fly surveys near Dryden
Ontario’s Ministry of Northern Development and Mines will fly a series of geophysical surveys in the Kenora district in the new year. The surveys are part of Operation Treasure Hunt — a project, now …
Francisco to table El Sauzal feasibility study
Vancouver — Junior Francisco Gold (FGX-V) expects to table a bankable feasibility study for its El Sauzal project in Mexico late in 2001.Situated 13 km west of Batopilas in Chihuahua state, El Sauzal…
Labrador fund rejects Rio bid
The trustees of the Labrador Iron Ore Royalty Income Fund (LIF.N-T) have called Rio Tinto’s (RTP-N) $13.50-per-share offer for all the units of the fund “significantly below fair value.”The group says…
Holidays prove good for gold
Denver — The Dow Jones industrial average climbed 108.07 points, or 1%, to close at 10,692.44, during the holiday-shortened report period ended Dec. 26.Spot gold jumped to US$274.10 on the Comex divi…
MOST ACTIVE ISSUES, DEC. 19-26
Exchg Vol(000s)HighLowCloseChangeWilliam ResT 24809 0.06 0.04 0.05 0.00…
GREATEST VALUE TRADED, DEC. 19-26
Exchg Val($000s)HighLowCloseChangeAlcoa*N 591592 35.00 31.00 34.56 + 2.25…
Northern Miner Indices (January 01, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoR…
Metal Prices (January 01, 2001)
DateDec. 26Dec. 25Dec. 22 Dec. 21Dec. 20BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)AluminiumHolidayHoliday1559/15571534.50/1535.501575/1573.50A…
Gabriel exec cashes in warrants
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Copper Ridge Explorations (KRX-V) — Gerald Carlson, director, bought 3,50…