Resource stocks give benchmark a push
Buyers outpaced sellers over the Nov. 21-27 report period to push the The Toronto Stock Exchange 300 index up a respectable 81.35 points. The benchmark finished the week at 7,462.56 points.Gold gained…
News
US markets fly like turkeys
The U.S. markets enjoyed an uneventful four trading days surrounding the American Thanksgiving holiday, with the Dow Jones Industrial Average sliding 28.78 points to 9,872.60 and the Standard & Poors …
PEOPLE (December 03, 2001)
Canadian Zinc — John Kearney appointed director.Easton — Eric Caton appointed director and Leslie Markow appointed corporate secretary.Int’l Pursuit — Bernard Kraft appointed executive…
CDNX flatlines amid economic uncertainty
Vancouver — Canada’s junior exchange stalled over the week ended Nov. 27. The Canadian Venture Exchange composite index lost 0.03 of a point and closed at 3064.62. The mining index lost 20.22 points,…
Short term grim for cobalt
The short-to-medium-term outlook for cobalt remains unfavourable, according to a report from London-based Roskill Information Services.In 2001, prices for the base metal fell almost continually, to le…
War on terrorism will trigger renewed bout of inflation: Ing
The most bullish of Bay Street’s gold bugs, John Ing of Maison Placements Canada, says we are about to enter a period of inflation that will dramatically improve gold prices in the medium term.In an O…
Nerves rattled over short-term outlook
The base metals price rally stalled during the report period Nov. 19-23 as the focus turned once again to the poor short-term outlook for consumption.Copper was the market’s best performer, briefly to…
The Northern Miner — North American Mining Index (December 03, 2001)
67.06 (+1.60)(Sept. 30/98 = 100)…
GREATEST VALUE TRADED, NOV. 21-27
ExchgVal($000s)HighLowCloseChangeAlcoa*N32835438.8937.6038.28+0.44…
Producer and Dealer Prices (December 03, 2001)
Antimony: Mid-mkt US$1,225/t.Bismuth: Mid-mkt US$3.40/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.50/lb.Copper: Comex Dec. US$0.7035/lb.
LME Warehouse Levels (December 03, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 27/01 (change from Nov. 20 in brackets):MetalStock(tonnes)ChangeAluminium690175(…
Exchange Rates (December 03, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 27Nov. 26Nov. 23Nov. 22Nov. 21US$ in C$1.59481.60001.59…