LME Warehouse Levels (March 23, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar. 17, 2009 (change from Mar. 10 in brackets):
Articles by Northern Miner Staff
TSX Venture Exchange March 10-16
VANCOUVER — The S&P-TSX Venture composite index managed small gains almost every day of the Mar. 10-16 reporting period, finishing the week up 33.13 points at 847.32. Daily trading volumes remain…
Toronto Stock Exchange March 10-16
Toronto’s main stock index enjoyed a reprieve during the March 10-16 reporting period, as positive sentiment pushed up the S&P/TSX composite index by 506.3 points, or 6.4%, to 8,386.7. The S&P…
U.S. Markets March 10-16
U.S. equity indices were up sharply during the March 10-16 reporting period. The Dow Jones Industrial Average added 670 points, or 10.2%, to 7,217; the S&P 500 index rose 77 points, or 11.4%, to 7…
Coffey Mining Opens Consultancy Office In Canada
In an effort to expand its global footprint, consultant Coffey Mining, part of Coffey International, has announced plans to open a Canadian division with an office in Toronto.
People (March 23, 2009)
Affinity Gold– Jonny Lia Tia Yong appointed a director.
A New Tool For Community Development
Conventionally, mining companies have wanted to take immediate measures to alleviate the poverty they observe near their mining projects in developing countries. Typically, they have done this by buil…
Copper Fox And Lions Gate Consider Merger
VANCOUVER — Copper Fox Metals (CUU-V, CPFXF-O)and Lions Gate Metals (LGM-V) have signed a letter of intent to merge that would see Copper Fox shareholders receive 0.094 of a Lions Gate share for each…
Canadian Royalties To Renegotiate Debentures
If market conditions don’t improve, Canadian Royalties (CZZ-T, CRYAF-O) might not have enough cash to pay interest on $137.5 million in debentures due in March 2015.
M&A Kicks Up A Notch
As so often happens right after the Prospectors and Developers Association of Canada convention in Toronto, the tenth trading week of 2009 saw a surge in mergers and acquisitions activity, particularl…
Platinum Group Metals Lands Japanese Investment
The global economic rout is sending more and more mining companies on a hunt for long-term mining investments from large, quasi-governmental institutions.
Jaguar Financial Derails Cadiscor-Tiomin Tie-Up
A risk of legal action from Jaguar Financial (JFC-T, JGFCF-O) was enough to derail a proposed friendly merger between Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T, TMIRF-O).