GREATEST VALUE TRADED, AUGUST 8-14
ExchgVal($000s)HighLowCloseChangeAlcoa*N 401795 37.47 35.25 36.91 – 0.09…
2001
Study offers positive outlook for coal
Consumption for internationally traded thermal coal will likely remain strong, while coking demand is expected to be steady over the long term, according to a study by AME Mineral Economics of Austral…
Producer and Dealer Prices (August 20, 2001)
Antimony: Mid-mkt US$1,005/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.30-11.00/lb.Copper: Comex Sept. US$0.6655/lb.Indium: I…
Program tests Agnew Lake
South African major Anglo American Platinum has approved a $1.2-million budget for the Agnew Lake platinum group metals project in the Sudbury region of Ontario.Agnew Lake is owned by New Millennium M…
Staff Investment Policy (August 20, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Glamis benefits from Latin American expansion (August 20, 2001)
A decade ago, Glamis Gold (GLG-T) was the quintessential American gold miner, operating mostly in eastern California, where environmental standards were, and remain, among the highest in the world. Th…
METAL PRICES (August 20, 2001)
DateAugust 14August 13August 10August 9August 8BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)Aluminium1347.50…
Atlas Copco buys parts supplier
Swedish-based eqipment manufacturer Atlas Copco has bought Christensen Products, a division of Kansas-based Layne Christensen.Christensen Products is a leading supplier of diamond core drill rigs.The …
High PGM prices are here to stay
Robust prices can mask a multitude of sins, though not for long in mining, the most cyclical of all major industries. Producers of platinum group metals (PGMs) seem relatively immune to the old adage,…
First-half profits lower for Cameco
Lower deliveries of uranium meant lower revenues for Cameco (CCO-T) during the three months ended June 30, but the company still showed $12.1 million in earnings (22 per share) on revenue of $138.4 m…
Niobec strike settled (August 20, 2001)
Hourly rated employees at the Niobec niobium mine in the Lac St.-Jean area of Quebec have returned to work following a 9-day strike. Owners Cambior (CBJ-T) and Mazarin (MAZ-T) reached an agreement wit…
McWatters gets nod for highway move at Sigma
McWatters Mining’s (MCW-T) intense lobbying of three levels of government has paid off handsomely with an agreement to move a portion of the main highway leading into Val d’Or, Que.At McWatters’ Sigma…