Analysts cautious on Pan American Silver
Vancouver-based Pan American Silver (PAA-T) is best known for being one of the purest exposures to silver for investors, and also for having Microsoft’s Bill Gates as a shareholder in the form of a 13…
2001
Gold Funds (December 10, 2001)
Gold Funds as of November 29, 2001Dundee Precious MetalsCentral FundNet Value$12.77$5.29Price$9.10$5.24…
Gold Fields inks deal with Radius (December 10, 2001)
Vancouver — Already holding a 12% equity stake in Radius Explorations (RDU-V), South African-based Gold Fields (GOLD-Q) has inked a deal with the junior to earn up to a 70% stake in a portion of the …
New targets at El Morro
Remote-sensing, combined with magnetic and induced-polarization surveys, has identified several targets at the El Morro copper-gold prospect in northern Chile, where Noranda (NRD-T) is earning a 70% i…
MOST ACTIVE ISSUES, NOV. 28-DEC. 4
ExchgVol(000s)HighLowCloseChangeBolidenT277280.390.180.28-0.03…
Eldorado eyes Brumal property
Vancouver — Eldorado Gold (ELD-T) has inked a deal to acquire the Brumal property in the Brazil’s Minas Gerais state. The property is near the company’s Sao Bento operation, where infrastructure is a…
GREATEST VALUE TRADED, NOV. 28-DEC. 4
ExchgVal($000s)HighLowCloseChangeAlcoa*N47650138.8037.2538.10-0.18…
Taseko aims to finance Gibraltar
Vancouver — Anticipating a recovery in the price of copper, Taseko Mines (TKO-V) is seeking up to $5.5 million to determine the economic viability of technology aimed at reviving the dormant Gibralta…
LME Warehouse Levels (December 10, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 4/01 (change from Nov. 27 in brackets):MetalStock (tonnes)ChangeAluminium722500(…
Asarco follows trend, cuts copper output
Vancouver — Joining the ranks of other major producers, Phoenix-based Asarco, a subsidiary of Grupo Mexico, has announced further cuts to its copper output. Production at the Mission mine in southern…
Daily Metal Prices (December 10, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 4Dec. 3Nov. 30Nov. 29Nov. 28Aluminium…
CDNX posts gains in active week
Vancouver — Canada’s junior exchange entered the Christmas season on a bullish note, posting gains on all indices during the week ended Dec. 4. The Canadian Venture Exchange composite index added 15….