LME Warehouse Levels (July 10, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 4/99 (change from June 27 in brackets):Aluminium512750(-19000)…
News
Gold catches up on market breather
In the holiday-shortened report period that ended on July 4, the Dow Jones industrial average climbed 56.21 points to close at 10,560.67.Gold rebounded to US$290.10 on the Comex division of the New Yo…
Gold Funds (July 10, 2000)
Gold Funds as of June 29, 2000Dynamic MutualCentral FundNet Value$13.11$5.63Price$8.1…
Gold miners’ break-even costs break downward trend
A report by National Bank Financial shows that senior gold producers are able to keep their heads above water in a low-gold-price environment. The same cannot be said for mid-tier producers, which spe…
South Malartic hits more gold
Exploration drilling by South Malartic Exploration (MSU-T) at its Croinor gold project, east of Val d’Or, Que., continues to yield positive results.The junior has proved the existence of flat-lying, g…
Metal Prices (July 10, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)Aluminium1553/15751560.50/1580.501564/158…
GREATEST VALUE TRADED, June 28-July 4
Value($000s)HighLowCloseChangeAlcoa*N…
Exchange Rates (July 10, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 4July 3June 30June 29June 28…
Zinc, nickel hold on to gains
The Americans’ Independence Day fell on a Monday this year, and so, with the report period June 26-30 leading into a long weekend, it is not surprising little out-of-the-ordinary occurred in metals ma…
Twin Mining finds Baffin Island stones
A grab sample from one of the Jackson Inlet kimberlite pipes, on Baffin Island, has returned encouraging results for Twin Mining (TWG-T).The 94.52-kg weathered sample contained 42 diamonds, of which t…
MEETINGS (July 10, 2000)
July 10 Andina — annual; 10 a.m., Ste. 1304, 925 W. Georgia St., Vancouver.July 11 Golden Arch — annual, general; 9 a.m., 1041 S.W. Marine Dr., Vancouver.July 11 Silver Peak — annual,…
JNR sizes up Moore Lake drill core
JNR Resources (JNN-V) has finished its first phase of drilling at the Moore Lake uranium project, 40 km northeast of the Key Lake uranium mine in northern Saskatchewan. Further geochemical analysis of…