Spot Prices, Wed. June 28, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$286.35-$0.25Silver$ 4.96-$0.06…
News
Gold Funds (July 03, 2000)
Gold Funds as of June 22, 2000Dynamic MutualCentral FundNet Value$13.05$5.55Price$7.2…
Stoke your engines!
Supersonic jets may one day be capable of zipping from New York to Tokyo in a couple of hours, thanks to high-velocity engines powered by, of all things, coal.Coal looks likely to be a key element in …
Dufresne new MAC chairman
Guy Dufresne will replace John Carrington as chairman of the Mining Association of Canada (MAC).Dufresne is president of Quebec Cartier Mining and chairman of Montreal-based Cambior. For 20 years, he …
MOST ACTIVE ISSUES, June 21-26
ExchgVol(000s)HighLowCloseChangeWilliam ResT 36555 0.21 0.13 0.18 + 0.05…
Dia Met finds new leader
The long search for a new president for Dia Met Minerals (DMM-T) is over; James Rothwell will take the reins in mid-August, two weeks prior to the company’s annual meeting.James Eccott, who has been p…
Dow, gold waiting for Fed
The Dow Jones industrial average edged up 69.3 points to close at 10,504.46 for the report period ended June 27, as the market bided its time waiting for the U.S. Federal Reserve Board to decided whet…
Metal Prices (July 03, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 27June 26June 23June…
Consolidation prevails on LME
The report period June 19-23 was one of consolidation for the major metals on the London Metal Exchange (LME).Copper and aluminum briefly challenged overhead resistance mid-week, but, despite more lar…
GREATEST VALUE TRADED, June 21-26
ExchgVal($000s)HighLowCloseChangeAlcoa*N 444000 30.75 28.50 29.94 – 0.12…
LME Warehouse Levels (July 03, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 27/99 (change from June 20 in brackets):MetalStock(tonnes)Change…
De Beers makes $259-million grab for Winspear
Canada’s diamond industry has received a wake-up call from South Africa’s De Beers Consolidated Mines (DBRSY-Q) in the form of an unsolicited $259-million takeover bid to acquire Winspear Resources (W…