Exchange Rates (August 09, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…
Vancouver — The Royal Canadian Mounted Police is investigating two directors of
London-based
Owing to a labour dispute, Alcoa will eliminate 400 jobs by not reopening a 183,000-tonne-per-year aluminum smelter in Wenatchee, Wash. The plant was idled in July 2001.
The U.S. Bureau of Land Management (BLM), part of the Department of the Interior, is receiving bids from eligible companies to mine about 325 million tons of coal on federal land in Wyoming.
There wasn’t much motion in U.S. equity markets over the report period July 28-Aug. 3 as the major indices posted only fractional gains. But the resource sector was way ahead of the broader market, with most mining equities higher.
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Antimony: Mid-mkt US$2,480/t.
The world’s third-largest nickel producer, Australia’s
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