SPOT PRICES, Wednesday November 3, 1999
Precious MetalsPrice (US$/oz.)ChangeGold$291.75+$1.35Silver$ 5.22+$0.03…
News
GOLD FUNDS (November 08, 1999)
Gold Funds as of October 28, 1999BGRCentralNet Value$14.375.82Price$9.60$…
LME WHSE LEVELS (November 08, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 2/99 (change from Oct. 26 in brackets):MetalStock(tonnes)Change…
NAME CHANGE (November 08, 1999)
AGC Americas Gold (AGA-V) has changed its name to Timebeat.com Enterprises (TBE-V).
INVESTMENT COMMENTARY — Namco gets nod for successful marine diamond mining
With production results exceeding expectations and profits rolling in from the sale of top-quality gemstones, mining analysts are taking renewed interest in Namibian Minerals (NMR-T).Using new underwa…
GREATEST VALUE TRADED (November 08, 1999)
ExchgVol(000s)HighLowCloseChangeAlcoa*N559765…
TSE INDICES (November 08, 1999)
1999Nov. 2Nov. 1Oct. 29Oct. 28Oct. 27HighLowCompo…
MINING MARKETS & INVESTMENT NEWS — U.S MARKETS — Miners mixed on gold’s rise
The Dow Jones industrial average climbed 279.71 points to 10,581.84 during the report period ended Nov. 2.While gold recovered a bit of its shine, climbing to US$291.30 on the Comex division of the Ne…
Powderhorn reveals more showings
Junior Copper Hill (CUHL-C) has found new showings at the Powderhorn property in Newfoundland’s central mineral belt.The discoveries, exposed by a new logging road excavated 1 km north of the Lake Zon…
Companies (November 08, 1999)
Agnico-Eagle MinesAltoro GoldBreakwater ResourcesBroken Hill ProprietaryBuryatzolotoCambiorConsolidated Norsemont VenturesConsolidated Pine Channel GoldCopper HillEcho Bay MinesEcuadorian Mi…
Cambior to lose US$33 million from hedging
Trying to repair the damage caused by its failed hedging program, Cambior (CBJ-T) has reduced its position by 1.3 million oz. gold.The company bought 1 million oz. through the bullion markets at an av…
Glamis sells Ivan copper mine
Glamis Gold (GLG-T) has sold its Ivan copper mine near Antofagasta, Chile, to Minera Milpo of Lima, Peru.Glamis acquired the small underground operation through its February 1999 merger with Rayrock R…