Canadian Stock Exchange Indices (May 20, 2002)
DateMay 14May 13May 10May 9May 8HighLowTSX Composite7716.917661.407596.067632.267707.82…
Golden Valley Mines Ltd
Base metals prices confound expectations
After a week (Jan. 28-Feb. 1) which saw copper move from severe vulnerability to the strongest technical close in more than six months and aluminum climb above US$1,400 per tonne, the base metals comp…
US data drag prices lower
Despite fresh production cuts in zinc and copper (in byproduct form), base metals prices continued to trend lower during the report period Oct. 29-Nov. 2, dominated by poor economic data out of the U….
Base metal consumption falls
The extent to which the world has changed since the events of Sept. 11 was made more clear when the base metals industry gathered for LME Week (Oct. 22-26), a major event in the metals calendar year. …
IMF forecasts spur optimism
Metals prices turned in another poor performance during the report period Sept. 24-28 as fears over the global economic outlook intensified. Of the major London Metal Exchange metals, nickel and zinc …
Copper, nickel gain despite slowdown
Metals prices are proving to be resilient in the face of slowing economic growth and a barrage of discouraging economic indicators. In the race for stability and strength between the U.S. dollar and t…
Sideways-trading takes hold
Although several positive fundamental factors emerged from the U.S. during the report period April 23-27, these were offset by negative ones worldwide, such as weakening fundamentals in the Asian regi…
Cutbacks bolster nickel
What had appeared to be a promising rally in base metals markets earlier on in the week of April 2 turned into something of a rout on April 6 as both copper and aluminum prices shed US$30-40 per tonne…
PDAC outlook: diamonds and PGMs lead way in today’s marketplace
Diamonds and platinum group metals (PGMs) took centre-stage during a round-up of metals and minerals markets at the annual convention of the Prospectors & Developers Association of Canada, held recent…
Copper, nickel end year with a whimper
Metals markets suffered a difficult start to 2001. Copper prices shed US$80 per tonne on their first trading day (Jan. 2), eventually bottoming out at a 6-month low, and nickel suffered its largest 1-…
STOCK MARKETS — Markets ride wave as metals sink
The Toronto Stock Exchange’s TSE 300 index hit two record high closings in the four trading days between Oct. 9 and 15. The TSE composite closed at a record 5,461.20 on Oct. 11 and came back with a 5,…