TSE Short Positions (February 12, 2001)
Short positions outstanding at January 31, 2001Larger individual positions include: Abitibi-Consolidated Inc. 1,724,257 up 355,553; Anderson Exploration Ltd. 2,538,879 up 542,252; Barrick Gold Corp.
News
LME WHSE LEVELS (February 12, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 6/01 (change from Jan. 30 in brackets):MetalStock (tonnes)ChangeAluminium426450(…
Ashanti ups output in West Africa
Denver — Ashanti Goldfields (ASL-N) has posted record gold production and improved operating costs for the fourth quarter.Production topped 1.7 million oz. gold in 2000, up from 1.6 million oz. in 19…
Record palladium prices propel Stillwater Snap Lake
Denver — Stillwater Mining (SWC-X) posted record earnings for the fourth quarter on the strength of buoyant prices of platinum and palladium.The company earned US$23.5 million (or 60 per share) in t…
Metal Prices (February 12, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 6Feb. 5Feb. 2Feb. 1Jan. 31Aluminium1630/1605…
St Andrew adopts new financing approach
Having parted ways with Bay Resources (BYRE-O), St Andrew Goldfields (SAS-T) is restructuring its proposed financings for the Taylor gold project, near Timmins, Ont.Taylor hosts indicated and inferred…
Mining index hurdles 6000 mark
Vancouver — Canada’s junior exchange continued to drift higher, propelled by a triple-digit gain in the mining index. The Canadian Venture Exchange composite index tacked on 81.9 points, or 2.6%, and…
Hirshhorn’s quest for wealth
At about five feet, three inches, Joseph Hirshhorn (1899-1981) did not tower over anyone. But as a mining financier and art collector, he was head-and-shoulders above most.Born in Latvia in 1899, Hirs…
Piecing together the future of coal mining
High-school students in Australia are using Lego building blocks to design tomorrow’s coal mining machines.Forty students from grades 10 and 11 gathered at the St. Lucia campus of the University of Qu…
Metal Prices (February 05, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 30Jan. 29Jan. 26Jan. 25Jan. 24Aluminium1690/16…
PEOPLE (February 05, 2001)
Arena Gold — Carl Caumartin appointed VP.Fasken Martineau DuMoulin LLP — R. Stuart Angus joined the firm as a new partner.Island Mountain — Ellsworth Dickson appointed VP of corporate…
Producer and Dealer Prices (February 05, 2001)
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.45-14.30/lb.Copper: Comex March US$0.841/lb.Indium: I…