Red metal shows record growth
The U.S. copper industry enjoyed its fourth consecutive year of record consumption in 1999. Copper consumption in the first 10 months of 1999 was 3.4% higher than in 1998.In Canada, consumption betwee…
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Grade upped at Camorra
Higher grades at the La Camorra gold operation in Bolivar state, Venezuela, have translated into record production figures for Hecla Mining (HL-N).In April, the head grade at the underground mine was …
Labrador Inuit sign deal
The Labrador Inuit Association (LIA) has signed a memorandum of understanding (MOU) with the Newfoundland government aimed at prohibiting mining and mineral processing in the proposed Torngat Mountain…
UK auction ushers in summer doldrums for gold
The decidedly lacklustre response to the Bank of England’s latest auction may have set the tone for gold prices for the rest of the summer.On July 12, the bank sold 804,000 oz. gold at US$279.50 per o…
SEG opens HQ near Denver
The Society of Economic Geologists (SEG) has opened the doors at its new headquarters in Littleton, Colo., a suburb of Denver.The building was the result of several anonymous donations totalling more …
BGS publishes survey
The British Geological Survey (BGS) has published its 22nd volume of World Mineral Statistics.The statistics were compiled in 1994-1998 and cover most internationally traded mineral commodities.”Many …
MOST ACTIVE ISSUES, July 5-11
Volume(000s)HighLowCloseChangeAlcoa*N…
Metal Prices (July 17, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)Aluminium1569/15931541/15671543/1568…
Exchange Rates (July 17, 2000)
US$ in C$1.47821.48001.48111.48531.4907C$ in US$0.67650.67570.67520.67330.6708…
GREATEST VALUE TRADED, July 5-11
Value($000s)HighLowCloseChangeAlcoa*N…
Toronto Stock Exchange Indices (July 17, 2000)
— 52-week –DateJuly 11July 10July 7July 6July 5High…
Gold down before UK auction
The Dow Jones industrial average climbed 166.52 points, or 1.6%, to 10,727.19 during the report period July 5-11.Gold was off at US$282.20 per oz. on the Comex division of the New York Mercantile Exch…