Producer And Dealer Prices (May 18, 2009)
Antimony: Mid-mkt US$4,250/t.
Articles by Northern Miner Staff
Spot Prices (May 18, 2009)
COURTESY OF SCOTIABANK
LME Warehouse Levels (May 18, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 12, 2009 (change from May 5 in brackets):
TSX Venture Exchange – May 5 -11
For the May 5-11 reporting period, the S&P/TSX Venture composite index more or less subscribed to a maxim held by turtles: Slow and steady wins the race. The Venture board saw four straight days o…
Toronto Stock Exchange – May 5 -11
The old adage “sell in May and go away” hasn’t held up thus far this year. The latest market rally showed sustained strength into the month as the TSX composite index grew by over 220 points to finish…
U.S. Markets -May 5 -11
During the May 5-11 reporting period, the Dow Jones Industrial Average inched up 8.12 points or 0.1% to 8,418.77, while the Standard & Poor’s 500 index rose 5.44 points or 0.6% to 909.24.
Canadian Gold Hunter And Suramina Merge
VANCOUVER — Two Lundin Group companies, Canadian Gold Hunter (CGH-T) and Suramina Resources, have officially combined forces now that shareholders have approved a merger.
Mongolia Suspends Western Prospector’s Gurvanbulag Licence
Navigating the political minefield that is Mongolia often requires pulling out the heavy artillery.
Caterpillar Records Q1 Loss
Since late last year, Caterpillar (CAT-N) has laid off 10,000 of its full-time employees and eliminated 15,000 workers from its part-time payroll, bringing its redundancy costs in the first quarter to…
People (May 18, 2009)
Avanti Mining — Thomas Gunthardt appointed project manager for the Kitsault project.
GEM: The Feds’ New Fund For Arctic Exploration
In its 2008 budget, the Canadian government described a “Vision for a New North” which included spending $34 million over two years on a program called “Geo-mapping for Energy and Minerals,” or GEM.
Moly Getting Back On Her Feet
One encouraging development during the 18th trading week of the year was the hint that the molybdenum market is recovering after the devastating demand collapse we witnessed late last year.