News

Base metals surprisingly buoyant as new year begins

Against most expectations, including our own, base metals have opened the year in buoyant mood. Early in the report period Jan. 7-11, they sparked sharply higher in response to fresh buying by commodi…


Coal miner AfriOre goes for gold in Africa

Looking to shift gears again, metal-explorer-turned-coal-miner AfriOre (AFO-T) intends to bring another South African coal operation into production with an eye toward becoming a gold producer.The com…


NAME CHANGES (January 21, 2002)

Britannia Minerals (BM-V) has changed its name to Nanotek (NTK-V) on a 1-new-for-1-old-share basis.Cascade Metals (CEM-V) has changed its name to American Gold Capital (AA…


Junior stakes Otish property

The Northair Group’s Northern Empire Minerals (NEM-V) has acquired, through staking, a 77-sq.-km property in the heart of the Otish Mountains area of Quebec.The La Croix property is 35 km east of Asht…




Taseko closes Gibraltar financing

Vancouver — Taseko Mines (TKO-V) has an exclusive right to acquire a limited partnership that has raised $1.8 million to research technology aimed at reviving the Gibraltar copper mine, near Williams…



Daily Metal Prices (January 21, 2002)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 15Jan. 14Jan. 11Jan. 10Jan. 9Aluminium1379/139…



Base metals slump as golds soar

Retreating base metal prices dragged producers down with them over the Jan. 9-15 report period, erasing gains made in the previous week.Rio Tinto slumped $3.69 to US$76.81; Phelps Dodge flopped $1.34 …


LME WHSE LEVELS (January 21, 2002)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 15 (change from Jan. 8 in brackets):MetalStock (tonnes)ChangeAluminium834500(+10…


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