Mining stocks, metal prices rise

Article Abstract:

Mining stocks and metal prices soared up as currency developments, supply worries and aggressive trading by investment funds combined to create manic markets. Metal prices are finally reflecting a lack of investment in new mines since the past few years, declining inventories of metals such as copper, nickel and aluminum, and production glitches and labor disputes that have contributed to a global supply crunch.

Commodity & service prices, Primary Metal Manufacturing, Mining & Extractive Industries, Mining, PRIMARY METAL INDUSTRIES, Metals, All Other Metal Ore Mining, METAL MINING, Ferroalloy Ores, Chemical & Fertilizer Minerals, Other Nonmetallic Mineral Mining and Quarrying, Prices and rates, Mining industry, Metals (Materials), Investment analysis, Securities analysis, Mineral industry, Company pricing policy, Degassing of metals

---

Iamgold climbs on proposed deal with Gold Fields

Article Abstract:

Analysts appreciated the proposed deal of Iamgold Corp. with South African producer Gold Fields Ltd., resulting in an increase in Iamgold's shares for a second consecutive day on August 12, 2004 on the Toronto Stock Exchange. Positive reaction was focused on the transaction's potential to boost Iamgold's production and reserves and to draw investor's attention to undervalued Gold Fields assets.

Contracts & orders received, Primary nonferrous metals, not elsewhere classified, South Africa, Gold ores, Contracts & orders let, Gold industry, Contracts, Contract agreement, Iamgold Corp., Gold Fields Ltd.

---

Luscar units leap after offer

Article Abstract:

The price of Luscar Coal Income Fund trust units rose more than 26% yesterday to close at $4 on the Toronto Stock Exchange. That eclipses a $3.50-per-unit hostile bid and spurs speculation that other bidders may be interested.

Open-End Investment Funds, Investment Funds & Trusts, HOLDING AND OTHER INVESTMENT OFFICES, Financial services industry, Financial services, Luscar Coal Income Fund

Similar abstracts:

• Abstracts: Digital plans new effort in PC market. Digital back in PC market with bold mail-order plans
• Abstracts: I.B.M. said to seek Intel clone; possible competitor for chip supplier. Sematech's new mission is defined
• Abstracts: Mitsubishi alliance may be in works. Renault pursues deal with NIssan. Same cars can cost oodles less in Canada; prices up to 40% lower because that's what market will bear
• Abstracts: Oil patch wunderkind strikes it rich: Gosbee's Tristone sold for $101-million. Whisper numbers' value called into question
• Abstracts: Bubble burst: gum on the outs with U.S. chewers. Super Bowl ad rates appear inflated. Anheuser-Busch ads bowl over rivals again

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.