Producer and Dealer Prices (June 02, 2003)
Antimony: Mid-mkt US$2,590/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$9.40-10.25/lb.Copper: Comex July US$0.778/lb.Indium: Indium Corp., ingot, US$140/kg.Iridiu…
2003
LME Warehouse Levels (June 02, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 27 (change from May 20 in brackets):MetalStock(tonnes)ChangeAluminium1141275(-118…
Exchange Rates (June 02, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 27May 26May 23May 22May 21US$ in C$1.37461.37441.37751.3682…
Canadian Stock Exchange Indices (June 02, 2003)
DateMay 27May 26May 23May 22May 21HighLowTSX Composite6840.24…
Bema adds South African production
The acquisition of the Petrex mines in South Africa is expected to provide Bema Gold (BGO-T) with an additional 200,000 oz. of gold production per year, adding to its 100,000-oz. annual production bas…
First Quantum, BHP ink Copperbelt JV
Preliminary results have prompted BHP Billiton (BHP-N) to sign a joint-venture agreement with First Quantum Minerals (FM-T) to continue exploring the Zambian Copperbelt.The deal, essentially an extens…
Contagion spreads
The most recent numbers show 11 “probable” and 41 “suspected” cases of Severe Acute Respiratory Syndrome in southern Ontario. Something like 2,000 people, potentially exposed over the past week, have …
LionOre’s bottom line bolstered
Vancouver — A stellar performance by the Australian operations LionOre Mining International (LIM-T) catapulted the nickel and gold miner to a profitable first quarter.The company earned US$9.1 millio…
Base metal miners advance
Buoyed by renewed strength in base metals prices, particularly in the nickel market, most of the base metal majors made gains during the report period ended May 27.Pechiney eased up 4 to US$14.05 as …
Daily Metal Prices (June 02, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 27May 26May 23May 22May 21Al Alloy1355/1355…
Golds falter as broad market shines
The Toronto Stock Exchange composite index gained 113.84 points over the May 21-27 report period to end at 6,840.24 points, its highest finish in nearly a year.Junior Tahera was the period’s hottest m…
Exchange follows major bourses upward
Vancouver — Canada’s junior exchange continued its slow but steady climb into bull territory during the report period ended May 27. The S&P-TSX Venture Exchange composite index added 5.4 points, or 0…