To help combat a potential swine flu pandemic, two Canadian-based mining companies shut down their mines from May 1-5, following a government order to stop all nonessential activities throughout Mexic…
Castle Gold — Mark Selby appointed a director.
Toronto stocks posted solid gains during the April 28-May 4 reporting period, with the S&P/TSX composite index up 476 points, or 5.1%, to 9,870, the highest level since early November. The Capped …
On the whole, the April 28-May 5 reporting period was a positive one for the TSX Venture Exchange. The Venture board managed to stay above the 1,000-mark, rising 2.4% to 1,027.19 points.
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 5, 2009 (change from Apr. 28 in brackets): Aluminium Alloy 95460 (1060) Aluminium 3797125 (+71150) Copper 39…
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 4 May 1 Apr. 30 Apr. 29 Apr. 28 US$ in C$ 1.1781 1.1872 1.1940 1.2008 1.2238 C$ in US$ 0.8488 0.8423 0.8375 0.8328 0.817…
Australia (A$) May 5 Apr 28 Change Bendigo Mining 0.25 0.24 0.01 Kingsgate Cons. 16.05 6.04 10.01 Lion Selection Ltd 0.98 0.98 0.00 Newcrest Mining 31.50 30.99 0.51 Z…
As the economic crisis continues to squash demand for steel, Cliffs Natural Resources (CLF-N) is idling some of its metallurgical coal production in West Virginia and Alabama.
VANCOUVER — The Yukon government has approved the mining licence for Western Copper’s (WRN-T, WCPCF-O) Carmacks copper project.
Debt-laden Teck (TCK. B-T, TCK-N) has struck a deal to sell its 40% interest in the Pogo gold mine in Alaska to its majority partner Sumitomo Metal Mining for about US$245 million in cash.
COURTESY OF SCOTIABANK Tuesday, May 5, 2009 Precious Metals Price (US$/oz.) Change Gold $903.00 +6.00 Silver $13.11 +0.55 Platinum $1118.00 +20.00 Palladium $218.00 +1.00 Base Metals P…
Taking advantage of depressed prices, energy-poor but cash-rich industrial powerhouses Japan, China and South Korea have embarked on large-scale buying of energy assets.
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