Metals, mining and money markets
Spot prices
Spot prices
U.S. equities remained resilient in the wake of the Jan. 2 settlement of the fiscal cliff debate, but the rally slowed slightly ahead of earnings season. The Dow Jones Industrial Average gained 0.4% to close at 13,488.43, while the S&P 500…
The S&P/TSX Venture Composite Index posted its second consecutive gain during the trading period, rising 0.98% to 1,240.25 points for a 12.02-point weekly jump.
During the trading week the S&P/TSX Composite Index rose 0.5%, or 61 points, to close at 12,602.18.
It has been a stellar six months for Vancouver-based explorer NGEx Resources (NGQ-T) and its portfolio of copper-gold prospects that lie along the Chilean-Argentine border.
With each new drill hole, Bayfield Ventures (BYV-V) is learning more about a high-grade gold-silver shoot that extends from its East Burns zone towards the Intrepid gold-silver zone on Rainy River Resources’ (RR-T) surrounding property.
B2Gold (BTO-T) has delivered a flurry of good news to the market, and investors have responded accordingly.
It took longer than expected, but Cameco (CCO-T, CCJ-N) has cleared all its regulatory hurdles and acquired nuclear fuel trader Nukem Energy GmbH.
After a first feasibility study scared investors with its steep price tag and shaky economics, Guyana Goldfields (GUY-T) took its Aurora gold project back to the drawing board.
After last year’s funding dispute with the government of Papua New Guinea (PNG), Nautilus Minerals (NUS-T) is continuing to suspend development of its erstwhile flagship Solwara 1 deep-sea mining project.
I wish to point out one error which somehow crept into “Felderhof’s new life after Bre-X” (TNM, Dec. 31/12–Jan. 6/13). This concerns the comment in brackets: “using gravity concentrate and not alluvial gold,…
Spot prices for iron ore fines delivered to China touched a three-year low of US$87 per tonne in September 2012, before rebounding to US$119 per tonne in December and to the US$158- to US$160-per-tonne level of recent days. The question is:…
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