LME WAREHOUSE LEVELS (January 24, 2011)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 17, 2010 (change from Jan. 10 in brackets):Aluminium Alloy 70520 (+7000)Aluminium 4431350 …
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SPOT PRICES COURTESY OF SCOTIABANK (January 24, 2011)
Tuesday, Jan. 18, 2011Precious Metals Price (US$/oz.) ChangeGold $1368.75 -12.25Silver $28.79 -0.75Platinum …
U.S. Markets January 10-14
As European stocks advanced for the second straight week, banks and technology companies, led by JPMorgan Chase, sent U.S. stock indexes higher, marking a seventh week of gains.The Dow Jones industrial average gained 112.62 points to close the…
TSX VENTURE EXCHANGE January 10-14
The S&P-TSX Venture composite index climbed 45.57 points over the Jan. 10-14 period, ending at 2275.45.The board was humming with activity, with a daily trading average of more than 200 million shares. Some 19 Venture-listed juniors hit…
Toronto Stock Exchange January 10-14
Precious-metals companies may have taken a hit during the Jan. 10-14 trading week but for companies with iron ore, copper, uranium and potash assets, the numbers looked pretty good. The TSX Composite index climbed 191.76 points or 1.45% to…
Obituary: Bud Laporte
Irvin Joseph (Bud) Laporte (b. 1933) died on Jan. 12, at the age of 78, in North Bay, Ont., after a battle with cancer. He was the husband of Shirley (predeceased) and a father and grandfather.Laporte started working in the diamond drilling…
TECSUR to build Trevali’s power transmission line
Trevali Renewable Energy, a wholly owned subsidiary of Trevali Resources (tv-t), has awarded Peru-based TECSUR a contract to build the power transmission line from its Santander silver-lead-zinc mine to the Peruvian national grid, Sistema…
SRK gets new chairman, opens offices in Mongolia, Mexico
Mining consultancy firm SRK has appointed Michael Armitage as chairman.Armitage, a geologist by profession, has worked in the industry for 25 years, 20 of them at SRK. He replaces SRK’s chairman of 15 years, Nick Rigby.”I bring to the role an…
Thermo Fisher to unveil new analyzers at Indaba
Thermo Fisher Scientific (tmo-n) will demonstrate its newest Niton handheld XRF analyzers at Mining Indaba 2011 on Feb. 7-10 at the Cape Town International Convention Centre in South Africa.The analyzers can quickly determine the elemental…
Governments must reform Canada’s EA process
There is a modern “gold” rush underway in British Columbia, led by copper, gold and steel-making coal developments. To ensure all British Columbians share the economic benefits from mineral exploration and mining, a dedicated government effort…
Deals rock Canada’s base metals miners
The second week of 2011 was a breathtaking one in the Canadian base metals scene, with three substantial deals.
Golden Dawn looks to revive Greenwood
Golden Dawn Minerals (gom-v) wants to breathe mining life back into Greenwood, B.C., for the third time. The small town of some 600 souls in south-central B.C. saw its fortunes swell at the turn of the last century and again in the 1950s, both…