Chinese, DRC gov’ts forge ‘vast Marshall Plan’
A “sign of the times” development highlighted the week in mining ended May 10, the 19th trading week of 2008.
News
Trevali sees future at old Santander mine
VANCOUVER — Late last year, Trevali Resources (ZINC-C, TREVF-O) purchased the past-producing Santander mine in Huaral province, Peru, and along with it, a 1,000- tonne-per-day mill, a 1,000-person ca…
Khan bids for Western Prospector
Khan Resources (KRI-T, KHRIF-O) has made an unsolicited bid for Western Prospector Group (WNP-V, WEPGF-O) to consolidate its position in the Saddle Hills district of Mongolia and to cut costs.
North American Stock Exchange Indices (May 19, 2008)
52-week Date May 12 May 9 May 8 May 6 May 5 High Low S&P/TSX-Ven Comp 2576.11 2564.01 2539.45 2504.58 2499.14 3373.25 2340.21 TSX Composite 14666.07 14521.19 14607.99 14371.5…
Semafo building strength in West Africa
In mid-April, Semafo (SMF-T, SEMFF-O) announced it had beaten its own production guidance by 4,200 oz. in turning out 28,700 oz. gold for the first quarter.
The commodity supercycle: myth or reality?
Since 2001, commodities have experienced a powerful bull market. Precious metals, base metals, coal, uranium, oil, natural gas, grains and potash have all gone up in price. The list goes on and on, an…
DAILY METAL PRICES (May 19, 2008)
——— LEGEND
PRODUCER AND DEALER PRICES (May 19, 2008)
Antimony: Mid-mkt US$5,893.33/t.
SPOT PRICES (May 19, 2008)
COURTESY OF SCOTIABANK Tuesday, May 13, 2008 Precious Metals Price (US$/oz.) Change Gold $877.00 -1.00 Silver $17.08 +0.38 Platinum $2073.00 +143.00 Palladium $439.00 +13.00 Base Metal…
LME WAREHOUSE LEVELS (May 19, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 13, 2008 (change from May 6 in brackets): Aluminium Alloy 36840 (+420) Aluminium 1033800 (-2525) Copper 1217…
TSX VENTURE EXCHANGE MAY 6-12
For the first time since February, the S&PTSX Venture Composite Index posted gains for five consecutive days over the May 6-12 trading session. The gains combined to boost the index 82.35 points o…
TORONTO STOCK EXCHANGE MAY 6-12
The TSX Composite Index was just shy of reaching last summer’s record high over the May 6-12 trading period. The benchmark was up 2.7% to 14,666.07 as materials and energy producers benefited from sur…