K+S to make history with Legacy potash
K+S plans to go ahead with building its Legacy potash project in Saskatchewan’s highly prospective potash basin, with initial production expected in 2015.
News
Molycorp delivers on magnet-making deal
In August Molycorp’s (MCP-N) proposed partnership with Hitachi Metals to create a joint venture that would manufacture neodymium-iron-boron (NdFeB) alloy and permanent rare earth magnets fell through when the two companies failed to reach an…
Canaccord: Keegan shares oversold
Keegan Resources (KGN-T, KGN-X) shares are undervalued, even considering the new tax changes proposed in Ghana, Canaccord Genuity mining analyst Nicholas Campbell argues in a research note, adding that the gold junior could be targeted by an…
Editorial: Quebec’s growing mining ambivalence
If you’re wondering how the Quebec mining industry’s lobbying efforts are coming along to amend the provincial government’s mining-restrictive Bill 14, tabled in May to update the Mining Act, look no further than the increasingly frustrated and…
Facts ‘N’ Figures: Gold buying responsible for India’s yawning account deficit
A massive appetite for gold across India is causing the country’s account deficit to widen, with most of the South Asian nation’s gold demand met through imports, a new study by Macquarie Economics Research says.
Letter to the Editor: Canada’s CSR review process misrepresented
The article about this office (“Canada’s new CSR Counsellor not feeling the love,” TNM, Nov. 28-Dec. 4, 2011) misrepresents our review process in many material aspects. I can only imagine that Excellon Resources’ CEO was misinterpreted in his…
People
Alacer Gold – Geoffrey Williams appointed executive VP, general counsel and secretary.
Bulgarian government gives the nod to DPM
The wait is over, and Dundee Precious Metals (DPM-T) has finally secured an approval on its environmental impact assessment (EIA) for its Krumovgrad gold project in Bulgaria.
Spot prices
Tuesday, Dec 6, 2011
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 5, 2011 (change from Nov. 28 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$13,500.00/t
Daily metal prices
DateDec 5Dec 2Dec 1Nov 30Nov 29