Lead gains as nickel tumbles
Base metal prices largely continued to trade sideways in low volumes during the report period Feb. 12-16. Lead was the only gainer on the London Metal Exchange (LME), as the average cash price gained …
Redtail Metals Corp
Liquidation takes toll on prices
Large-scale fund long liquidation ravaged base metals markets late on Friday, Feb. 9 and continued into the following Monday, erasing almost all this year’s gains in copper, nickel and zinc prices. Al…
Zinc sluggish as slowdown starts
After several weeks of supply-dominated news, base metals markets paused for breath during the period Jan. 29-Feb. 2. Meanwhile, the latest economic data refused to shed much light on the depth and ex…
Lead, copper and zinc post gains
Some short-term relief looks likely for metals prices as three factors — volatile nearby spreads, an improving technical picture, and production cuts stemming from California’s power shortages — con…
Copper Ridge eyes more Mexican ground
Junior Copper Ridge Explorations (KRX-V) has inked a deal that adds the San Carlos and Gitana claims to its stable of Mexican projects.The company is already earning an interest in the Gavilanes and E…
Producer and Dealer Prices (January 29, 2001)
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.45-13.75/lb.Copper: Comex March US$0.8485/lb.
Producer and Dealer Prices (January 22, 2001)
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.50-14.00/lb.Copper: Comex March US$0.823/lb.
Base metals stage comeback
A sense of optimism returned to the base metals complex between Jan. 8 and 12, as all the major metals ended the period strongly higher with firm bases of support. Copper prices gained 0.5% over the w…
Copper, nickel end year with a whimper
Metals markets suffered a difficult start to 2001. Copper prices shed US$80 per tonne on their first trading day (Jan. 2), eventually bottoming out at a 6-month low, and nickel suffered its largest 1-…
Metal markets anything but shiny in 2000
While it didn’t provide the unremitting gloom of the years immediately following the Asian economic crisis, 2000 might be remembered by many metal producers as the year of the recovery that never was….
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…
Discoveries by McWatters, Noranda highlight 2000
The dreary state of metal markets failed to deter several domestic explorers from advancing their projects in 2000. Leading the pack was McWatters Mining, which began the year with a fourfold increase…