LME Warehouse Levels (November 12, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 06/01 (change from Oct. 31 in brackets):MetalStock (Tonnes)ExchangeAluminium696125…
2001
GREATEST VALUE TRADED, OCT. 31-NOV. 6
ExchgVal($000s)HighLowCloseChangeAlcoa*N29098233.3631.3533.26+0.24…
The Northern Miner — Small Producers Index (November 12, 2001)
46.48 (+0.65)(Sept. 30/98 = 100)…
Gold Funds (November 12, 2001)
Gold Funds as of November 1, 2001Dundee Precious MetalsCentral FundNet Value$13.67$5.43Price$9.40$5.60…
Feds slash key rate to 2%
The biggest market-driver in the U.S. during the report period ended Nov. 6 was the Federal Reserve’s slashing of its overnight lending rate by 50 basis points to 2%, its lowest level in more than 40 …
Producer and Dealer Prices (November 12, 2001)
Antimony: Mid-mkt US$1,260/t.Bismuth: Mid-mkt US$3.50/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-7.80/lb.Copper: Comex Dec. US$0.616/lb.
Spot Prices Wed. November 7, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$280.50-$0.45Silver$ 4.15-$0.13Platinum$418.00-$…
Exchange Rates (November 12, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 6Nov. 5Nov. 2Nov. 1Oct. 31US$ in C$1.59361.59561.5922…
Canadian Stock Exchange Indices (November 12, 2001)
DateNov. 6Nov. 5Nov. 2Nov. 1Oct. 31HighLowTSE 3007145.467079.337023.976984.616885.709…
Banro seeks return of Congolese gold assets
Toronto-based Banro (YBE-V) will submit a proposal to government officials from the Democratic Republic of the Congo in an effort to resolve a long-standing dispute over the government’s seizure of go…
Industry opposes cyanide ban
Industry representatives in Wisconsin are taking aim at a bill that would ban the use of cyanide in mining.Opponents say the bill would needlessly kill jobs while providing no additional protection of…
Coronation pipes return strong counts
A new kimberlite camp is emerging some 50-120 km south of Coronation Bay in the northern Slave Craton region of Nunavut. Discoveries by Ashton Mining of Canada (ACA-T) and Kennecott Canada Exploration…