Exchange Rates (June 12, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 6June 5June 2June 1May 31…
2000
Rosebud to blossom no more
In August, after nearly four years of operation and 375,000 oz. of gold production, partners Hecla Mining (HL-N) and Newmont Mining (NEM-N) will close the Rosebud mine in northern Nevada.When the mine…
Metal Prices (June 12, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 6June 5June 2June 1…
Toronto Stock Exchange Indices (June 12, 2000)
2000DateJune 6June 5June 2June 1May 31High…
Spot Prices, Wed. June 7, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$286.95+$14.70Silver$ 5.05+$0.15…
LME Warehouse Levels (June 12, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 6/00 (change from May 30 in brackets):MetalStock(tonnes)Change…
Gregg River to close
Luscar has announced that the Gregg River coal mine, near Hinton, Alta., will close by September.Low coal prices, high production costs and, more recently, unfavourable geological conditions are respo…
Dayton enters Nevada scene with Denton-Rawhide purchase
As a latecomer to the Great Basin, Dayton Mining (DAY-X) missed the heady days of exploration in Nevada. However, with its newly acquired 49% interest in the Denton-Rawhide gold-silver mine, the compa…
Low prices hurt Arizona
Copper mining contributed US$6.2 billion in personal, business and government income to Arizona in 1999, down from nearly US$10 billion in the previous year.The decrease is attributed to low copper pr…
EVENTS (June 05, 2000)
June 6-8 Exhibition Management Services — Conference: “Pumps, Valves and Pipes Africa 2000.” Kyalami Exhibition & Conference Centre, Midrand, South Africa. Tel: +011 783 7250/1/6/9. Fax: +011 783 726…
Fewer E. coli on steel surface
The Hospitality Institute of Technology and Management, a Minnesota-based company that provides consulting services to the food industry, tested several different countertop materials for their respon…
Kvaerner wins Peruvian contract
Kvaerner Engineering & Construction has been awarded the contract for the Tintaya copper oxide project in southeastern Peru’s Altiplano district.The project, held by Broken Hill Proprietary, is Peru’s…