Spot Prices Wed. June 12, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$319.55-$4.95Silver$ 4.88-$0.17Platinum$558.00+$…
2002
Namibian Minerals trims losses as output rises
Although still deep in the red, Namibian Minerals (NMR-T) is making headway at increasing alluvial diamond production off the coast of Namibia.In early 2001, two years after its spectacular debut, the…
Exchange Rates (June 17, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 11June 10June 7June 6June 5US$ in C$1.53821.53801.53231.5325…
Gold Funds (June 17, 2002)
Gold Funds as at June 6, 2002DundeePrecious MetalsCentral FundNet Value$25.34$6.01Price…
LME Warehouse Levels (June 17, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 11 (change from June 4 in brackets):MetalStock (tonnes)ChangeAluminium1181925(+4…
Producer and Dealer Prices (June 17, 2002)
Antimony: Mid-mkt US$1,360/t.Bismuth: Mid-mkt US$3.10/lb.Cadmium: Mid-mkt US$0.25/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.25-7.90/lb.Copper: Comex July US$0.765/lb.Indium: Indi…
MOST ACTIVE ISSUES, JUNE 5-11
ExchgVol(000s)HighLowCloseChangeKinross GoldT776514.173.003.58-0.60…
Canadian Stock Exchange Indices (June 17, 2002)
DateJune 11June 10June 7June 6June 5HighLowTSX Composite7398.837460.717478.577498.857547.93…
Juniors expand South African diamond play
Partners Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have inked letters of intent to acquire three more alluvial diamond properties in the Ventersdorp district of South Africa.The f…
Inco, Newfoundland reach Voisey’s deal
Nickel producer Inco (N-T) and the government of Newfoundland and Labrador have reached an agreement under which Inco will get a mining lease for the Voisey’s Bay nickel project in Labrador.The deal, …
Mineral output climbs
The value of production for the Canadian mineral industry, excluding oil and gas but including coal, increased to $19.84 billion in 2000, up $1.13 billion, or 6.7%, from 1999.Metal mining accounted fo…
Gold majors sink as bullion retreats
As gold slipped back below US$320 per oz., the major U.S.-listed gold companies all saw steep selloffs during the period ended June 11: Newmont Mining plummeted $2.56 to US$29; AngloGold fell back $3….