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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (28660)	3/18/2004 7:17:54 AM
From: peter snowdon	Read Replies (2) \| Respond to of 39344

job opportunity: anyone interested?:-) MARCH 17, 2004 - 13:00 ET Patricia Mining Corp. to seek new President and Chief Executive Officer www2.ccnmatthews.com

To: E. Charters who wrote (28660)	3/18/2004 8:28:07 AM
From: austrieconomist	Respond to of 39344

PPI for January expected announced at 8:30 a.m.

To: E. Charters who wrote (28660)	3/19/2004 12:05:35 PM
From: Esoteric1	Respond to of 39344

Canadian Metals Stocks Advance, Led by Barrick, Alcan, Inco March 19 (Bloomberg) -- Canadian metals stocks rose, led by gold stocks such as Barrick Gold Corp. as investors seek a safe haven for investments amid terrorism concerns. Alcan Inc. and Inco Ltd. climbed with metals prices. ``Everybody's bullish on metals stocks like Alcan, and they like the metals, too,'' said Luc Fournier, who helps manage the equivalent of $451 million for Industrial Alliance Life Insurance in Quebec City. The Standard & Poor's/TSX Composite Index rose 14.54, or 0.2 percent, to 8570.44 by 9:52 a.m. The index has slumped 0.2 percent this week, and fell 2.9 percent last week. It hasn't declined for consecutive weeks in more than a year. ``We may be seeing some rethinking right now,'' Fournier said. ``The economy may not be so strong, and there's no job creation in the U.S.'' A U.S. government report on March 5 showed the U.S. economy created 21,000 jobs last month. Economists had predicted 130,000, based on the median forecast in a Bloomberg News survey. The U.S. economy is forecast to grow at an annual rate of 4.5 percent in the first six months of 2004 before slowing to 4 percent in the fourth quarter, according to the median forecasts in a Bloomberg News economist survey. Barrick Gold Corp., the world's second-biggest miner of gold, rose 28 cents to C$29.680. Placer Dome Inc. added 10 cents to C$23. Gold stocks have climbed 4.5 percent since Monday, the most since a 5.6 percent gain six weeks ago. Terrorist attacks led investors to invest in gold as a haven, and declines in the U.S. dollar against currencies such as the euro made the metal cheaper for buyers using those currencies, as gold is traded in U.S. dollars. The metal was up 0.1 percent in New York trading today. Thirty-seven of the S&P/TSX Composite's 54 materials producers rose, including 16 of its 19 gold miners. Among those rising in the group was Inco, the world's second-largest in nickel miner. The shares rose 47 cents to C$46.67, climbing with nickel prices in London trading. Alcan, the world's second-biggest aluminum producer, advanced 24 cents to C$58.34. Declining stocks were led by Bombardier Inc., which slid 12 cents to C$5.86. The world's bigger maker of trains has fallen 10 percent this week after the company announced job cuts in Europe that unions may challenge. The stock has fallen 9.7 percent this week. Alcan Inc. (AL CN) Barrick Gold Corp. (ABX CN) Bombardier Inc. (BBD/B CN) Inco Ltd. (N CN) Placer Dome Inc. (PDG CN) To contact the reporter on this story: Matt Mossman in Toronto, or at mmossman@bloomberg.net To contact the editor of this story: Phil Serafino at pserafino@bloomberg.net. Last Updated: March 19, 2004 10:00 EST quote.bloomberg.com