PRODUCER AND DEALER PRICES (July 21, 2008)
Antimony: Mid-mkt US$6,300.00/t.
Articles by Northern Miner Staff
DAILY METAL PRICES (July 21, 2008)
Date July 14 July 11 July 10 July 9 July 8 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy n/a 2690/2725 2690/2730 2630/2650 2670/2695 Alum…
NORTH AMERICAN STOCK EXCHANGE INDICES (July 21, 2008)
52-week Date July 14 July 11 July 10 July 9 July 8 High Low S&P/TSX-Ven Comp 2378.34 2391.86 2383.65 2372.49 2799.70 3341.56 2340.21 TSX Composite 13741.29 13709.10 13743.88 …
TSX SHORT POSITIONS (July 21, 2008)
Short positions outstanding at June 30/08 (with changes from June 15/08).
Barrick plans to buy oil and gas junior
Barrick Gold (ABX-T, ABX-N) is hedging against soaring oil prices with an all-cash offer for Albertan oil and gas junior Cadence Energy (CDS-T, CDSFF-O).
Taseko zips ahead with Gibraltar expansion
SITE VISIT WILLIAMS LAKE, B. C. — In central British Columbia, where pine beetles are choking the lifeblood out of the lumber industry, Taseko Mines (TKO-T, TGB-X) is a breath…
Mmamabula power plant hits major hiccup for CIC Energy (July 21, 2008)
VANCOUVER — Plans to develop a new coal mine and coal-fired power station in Botswana to add muchneeded capacity to South Africa’s power grid have been derailed and shares of CIC Energy (ELC-T, CIEGF…
Gahcho Ku JV yields 25-carat diamond
Mountain Province Diamonds (MPV-T, MDM-X) and joint-venture partner De Beershave found a 25.13- carat gem-quality diamond at their Gahcho Ku diamond project in Canada’s Northwest Territories.
Eldorado signs on for Tocantinzinho earn-in (July 21, 2008)
VANCOUVER — Eldorado Gold (ELD-T, EGO-X) is focused on expansion. Fresh from negotiating a takeover of Frontier Pacific Mining (FRP-V, FRPMF-O), the Vancouver- based producer just signed on to earn i…
Khan bested in bid for Western Prospector
Western Prospector Group’s (WNP-V, WEPGF-O) confidence that Khan Resources (KRI-T, KHRIF-O) wouldn’t succeed in a hostile takeover bid for the company is proving well founded.
METALS COMMENTARY (July 21, 2008)
In the next 12 months, Citigroup Global Markets thinks Alcoa is going to move to US$50 per share from US$32.78 on the back of stronger aluminum prices.
PEOPLE (July 21, 2008)
Abacus Mining & Exploration– Victor Lazarovici appointed a director.