LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 9, 2012 (change from Jan. 3 in brackets):
Articles by Northern Miner Staff
Producer and dealer prices
Antimony: Mid-mkt US$13,250.00/t
Daily metal prices
DateJan 9Jan 6Jan 5Jan 4Jan 3
Canadian gold mutual funds
Fund nameJan. 9Dec. 23ChangeChangeYTDMER*Assets*
TSX short positions
Short positions outstanding at Dec. 31/11 (with changes from Dec. 15/11).
TSX Venture short positions
Short positions outstanding at Dec. 31/11 (with changes from Dec. 15/11).
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
New royalties rattle Gabriel investors
Investors in Gabriel Resources (GBU-T) were hit by post-holiday blues after the Romanian government announced that it would be doubling royalties on gold production in the country.
Baja Mining updates progress at Boleo
Baja Mining (BAJ-T) has tested the first of three 2.5-megawatt power generators at its 70%-owned Boleo copper-cobalt-zinc-manganese project, and says that all three will be online before the month’s end.
CaNickel cuts production at Bucko Lake
CaNickel Mining (CML-T) is scaling back operations at its Bucko Lake nickel mine near Wabowden, Man. owing to “unfavourable” nickel prices, the company has announced.
Editorial: Alcoa hunkers down as aluminum slumps
As the first large mining company to release its financial results every quarter, Alcoa has always been a pacesetter among the majors.
First Uranium to reduce its workforce by half at Ezulwini
First Uranium (FIU-T) says it may cut up to 1,850 jobs at the Ezulwini gold-uranium mine in South Africa because it cannot sustain production levels.