SPOT PRICES (October 06, 2008)
COURTESY OF SCOTIABANK
Articles by Northern Miner Staff
PEOPLE (October 06, 2008)
Alcoa — Kurt Waldo appointed a director; Jake Siewert appointed VP of business development and public strategy; William O’Rourke appointed VP of sustainability and environment, health and safety. Baf…
New Horizons: Canada investing $100M to unlock the treasures of the Arctic
The mysteries and treasures of the Arctic have held the attention and imagination of Canadians since the earliest settlers set foot on the continent.
LME WAREHOUSE LEVELS (October 06, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehousesat opening, Sept. 30, 2008 (change from Sept. 23 in brackets):
TSX VENTURE EXCHANGE – SEPTEMBER 23-29
The first four days of the Sept. 23-29 trading session on the S&P-TSX Venture Exchange were relatively quiet. But then on another Monday that will long be remembered, the exchange dove 133.61 poin…
TORONTO STOCK EXCHANGE – SEPTEMBER 23-29
Trouble south of the border brought the TSX Composite Index down to worrisome depths over the Sept. 23-29 trading period. The index lost a total of 1,353 points, but most of the decline came on a reco…
U. S. MARKETS – SEPTEMBER 23-29
You can run but you can’t hide. The defeat of a US$700-billion bailout plan in Congress on Monday Sept. 29 sent the Dow Jones Industrial Average into a tailspin — down 777.68 points to 10,365.45 — a…
Market jitters set off gold-buying frenzy
The phones have been ringing off the hook at Blanchard & Co., the biggest bullion dealer in the United States as investors buy up gold coins and bars like never before amidst the market meltdown.
Editorial: Suppliers booming, juniors hunker down
While continued anxiety over the U. S. banking crisis dominated the headlines around the world during the week ended Sept. 27, the 39th trading week of 2008, there were still plenty of new development…
Buy-side attendance drops at Denver Gold Forum
Attendance was up 10% at this year’s Denver Gold Forum due to a 19.4% surge in sponsor representation, but a 6.5% drop in buy-side participants was a clear sign that the volatile markets and fragile e…
Gem Diamonds recovers 478-carat stone at Letseng
Vancouver — For the third time in as many years, Gem Diamonds (GEMD-l) has recovered a diamond from its Letseng mine, in Lesotho, big enough to take a place on the list of the 20 largest rough diamon…
San Gold lands $20M for exploration at Rice Lake
Vancouver — San Gold’s (SGR-V, SGRCF-o) coffers will get a healthy top-up with a $20-million bought-deal private placement.