Delegates at Mining Investment Forum 2000, sponsored by the Denver Gold Group, were in general agreement that the gold sector would benefit from further consolidation.Over the past several months, two…
Despite a late surge in the price of gold, mining stocks were battered, along with the rest of the market, for the week ended Oct. 10. The Dow Jones industrial average slumped 195.35 points, or 1.8%, …
Gold Funds as of Oct 5, 2000Dynamic MutualCentral FundNet Value$12.28$5.41Price$7.40…
A 6.5% drop in the technology sector, combined with a 1.6% slide in the mining index, pulled the Canadian Venture Exchange down during the holiday-shortened report period ended Oct. 10. The CDNX compo…
Inco’s (N-T) recently announced buyback of shares of Voisey’s Bay Nickel (VBN) has drawn fire from a group of New York-based investors. The group described the offer as “unfair” and urged holders of V…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 10/00 (change from Oct. 3 in brackets):MetalStock (tonnes)Change…
ExchgVal($000s)HighLowCloseChangeAlcoa*N 612535 29.62 26.25 29.56 + 2.62…
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 10Oct. 9Oct. 6Oct. 5…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 10Oct. 9Oct. 6Oct. 5Oct. 4…
Toronto-based Cassiar Magnesium (CIR-T) is forging ahead with plans to expand asbestos production and develop a magnesium metal project at its newly revived Cassiar operation in northern British Colum…
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….
Antimony: Mid-mkt US$1,825/t.Bismuth: Mid-mkt US$3.35/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$14.90-18.00/lb.Copper: Comex Dec. US$0.9055/lb.Indium: I…
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