LME WHSE LEVELS (June 26, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 20/00 (change from June 13 in brackets):MetalStock(tonnes)Change…
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GREATEST VALUE TRADED, June 14-20
ExchgVal($000s)HighLowCloseChangeAlcoa*N 586835 32.00 28.44…
Producer and Dealer Prices (June 26, 2000)
Antimony: Mid-mkt US$1,215/t.Bismuth: Mid-mkt US$3.55/lb.Cadmium: Mid-mkt US$0.23/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$15.35-16.90/lb.Copper: Comex July US$0.813/lb.Indium: In…
Cominco in talks with producer
Vancouver — Cominco (clt-t) has entered into negotiations with a private company to form a joint venture in connection with a small-scale open-pit oxide zinc mine in northwest Iran.On an annual basis…
Seabridge Resources to gain gold project from Placer Dome
Seabridge Resources (SEA-V) has signed a letter-of-intent to acquire the Kerr-Sulphside gold project, 20 km southeast of the Eskay Creek mine in British Columbia. The project consists of two deposits,…
Teck tenders offer for Cominco shares
Seeing robust growth in its 45.1% equity stake in base metal major Cominco (CLT-T), Teck (TEK-T) has tendered an offer to buy an additional 4 million shares at $25 per share.The $100-million bid repre…
Exchange Rates (June 26, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 20June 19June 16June 15June 14…
Vista aims to restart Hycroft
With a capital infusion of US$11.9 million, Vista Gold (VGZ-T) believes it can restart production at the Hycroft mine in northeastern Nevada.A run-of-mine, heap-leach operation could produce 350,000 o…
Positive feasibility for EuroZinc’s Aljustrel
Vancouver-based junior EuroZinc Mining (EZM-V) has a positive feasibility study in hand for its Aljustrel zinc-copper-lead project in southern Portugal.The study, prepared by Steffen, Robertson & Kirs…
Newmont to merge with Battle Mountain
Newmont Mining (NEM-N) has inked a deal to acquire Battle Mountain Gold (BMG-N), representing the second major merger in the gold mining industry in the past two weeks.Only days earlier, Toronto-based…
New study green-lights Tahera’s Jericho project
Toronto-based Tahera (TAH-T) intends to advance its Jericho diamond project to commercial production now that a feasibility study has indicated that the far-northern project is economic.The Jericho pr…
DIAND not doing its job
My name is Larry. I am not a productive, useful Canadian, though I would like to be.I live in northern Canada — the largest part of Canada and its least-populated. We should be able to produce the mo…