Gold Funds (September 03, 2001)
Gold Funds as of August 23, 2001Dundee Precious MetalsCentral FundNet Value$13.84$5.21Price$10.25$4.06…
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Northern Miner Indices (September 03, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
LME Warehouse Levels (September 03, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 28/01 (change from Aug. 21 in brackets):Metalstock (tonnes)ChangeAluminium674575…
Producer and Dealer Prices (September 03, 2001)
Antimony: Mid-mkt US$1,005/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.25-11.00/lb.Copper: Comex Sept. US$0.691/lb.Indium: In…
Canadian Stock Exchange Indices (September 03, 2001)
DateAugust 28August 27August 24August 23August 22HighLowTS…
Rate cuts power Toronto rise
Strong gains among the interest-sensitive sectors helped move the Toronto Stock Exchange up over the period Aug. 22-28. The Bank of Canada took advantage of recent easing by the Federal Reserve Bank t…
Geomaque struggles during transition
Geomaque Explorations (GEO-T) slipped into the red during the second quarter as gold production neared its end at the San Francisco mine in Mexico.The Toronto-based junior posted a net loss of US$1.2 …
Banff takes US$71m Kasese writeoff
Following a review of the carrying value of the Kasese Cobalt operation in western Uganda, Banff Resources (BFF-V) has decided to write off the remaining book value of the project’s capital assets.Des…
River Valley yields PGEs
A reconnaissance exploration program has led to the discovery of more platinum-group-metal mineralization at the River Valley mafic intrusion in the Sudbury region of northern Ontario.Pacific North We…
Doing, and not doing
Having funded and reviewed an “independent investigative impact assessment report,” the International Fund for Animal Welfare (IFAW) is urging the government of Kenya to block the Kwale titanium proje…
Pt prices hurt dental sector
Last year it was the dental sector in which high palladium prices had their most significant negative impact. Demand was down by 26% to 820,000 oz., the lowest figure in 17 years.The use of palladium …
Survival in September
Survival 2001, a conference on how to cut costs and increase productivity at mining operations, is slated for Sept. 10-11 at the Airport Hilton Hotel in Toronto.Speakers will present case studies, amo…