News

Antimony: Mid-mkt US$5750.00/t.

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, February 23, 2010 (change from Feb. 16 in brackets):

COURTESY OF SCOTIABANK

U.S. markets were unfazed by the U.S. Federal Reserve’s first interest rate hike since December 2008. The Fed raised the emergency lending rate it charges banks from 0.5% to 0.75%, citing improved fin…

Despite the Winter Olympics keeping news flow quieter than usual in Vancouver, Feb. 16-22 was a busy trading week for the S&P TSX Venture composite index. The board ended the week up 8.33 points a…

The TSX composite index finished the Feb. 16-22 period slightly higher as markets were still digesting the U.S. Federal Reserve’s surprise raising of the discount rate.

In our article about Equinox Minerals’ Lumwana mine ( T. N.M., Feb. 22-28/10) we incorrectly stated First Quantum Minerals held a 19.25% interest in Equinox. First Quantum actually holds a 16.32% inte…

Acadian Mining– Will Felderhof resigned as president and CEO; Terry Coughlan resigned as VP of investor relations and a director; Allan Trench appointed chairman; Peter Lee appointed interim presiden…

Australian mining giant BHP Billiton (BHP-N) has contracted Fluor Corp. (FLR-N) and Sinclair Knight Merz (SKM) to continue work at BHP’s Pilbara iron ore mine in Western Australia.

VANCOUVER — Another chapter in the bitter Giant Mine labour dispute has come to a close. The Supreme Court of Canada ruled the mine owners, the national level of the mine’s union, the mine’s security…

The United States Mint has hit an all-time record partially inspired by uncertain economic times.