Spot Prices Wed. November 27, 2002 Courtesy of Scotiabank (December 09, 2002)
Precious MetalsPrice (US$/oz.)ChangeGold$320.70+2.50Silver$4.57+0.13Platinum$592+5.00Pall…
2002
Exchange Rates (December 09, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 3Dec. 2Nov. 29Nov. 28Nov. 27US$ in C$…
Daily Metal Prices (December 09, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 3Dec. 2Nov. 29Nov. 28Nov. 27Al Alloy1315/1310…
MOST ACTIVE ISSUES, NOV. 27-DEC. 3
ExchgVol(000s)HighLowCloseChangeAsia Pac ResT357210.110.070.09+0.04…
GREATEST VALUE TRADED, NOV. 27-DEC. 3
ExchgVal($000s)HighLowCloseChangeAlcoa*N31021226.3724.4824.77+0.27…
BHP curbs copper output
BHP Billiton, the world’s largest mining company, announced that its 2003 copper production target for the world’s largest copper mine, Escondida in Chile, is being set at 1.05 million tonnes, while a…
Silver Standard targets Silvertip (December 09, 2002)
Vancouver — Silver Standard Resources (SSO-V) has added the Silvertip project in northern British Columbia to its stable of base metal properties.Situated 85 km southwest of Watson Lake, Silvertip ha…
Juniors take spotlight on slew of mixed news
The Toronto Stock Exchange posted its strongest gain in weeks during the Nov. 27-Dec. 3 report period, thanks to a rally in the energy and financial sectors plus the release of positive economic news …
Teck, Westshore in Fording deal
Teck Cominco (TEK-T) has emerged as a white knight in Fording’s (FDG-T) battle to fend off a hostile bid by the Sherritt Coal Partnership II.Teck Cominco is joining forces with Westshore Terminals Inc…
Junior market recovers strength
Vancouver — Canada’s junior exchange regained some momentum as the gold price climbed higher over the week ended Dec. 3. The S&P-TSX Venture Exchange composite index jumped 17.6 points, or 1.86% of i…
LME Warehouse Levels (December 09, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 3 (change from Nov. 26 in brackets):MetalStock(tonnes)ChangeAluminium(-13925)…
Producer and Dealer Prices (December 09, 2002)
Antimony: Mid-mkt US$2,670/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.55/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-6.60/lb.Copper: Comex Mar US$0.7615/lb.