Producer and dealer prices
Antimony: Mid-mkt US$14,750.00/t
Antimony: Mid-mkt US$14,750.00/t
DateAug 15Aug 12Aug 11Aug 10Aug 9
Fund name Aug. 8 July 29ChangeChangeYTDMER*Assets*
Great Western Minerals (GWG-V) plans to set up a joint venture with a Chinese company to build a rare earth (RE) separation plant in South Africa.
Within weeks, Puget Ventures (PVS-V) expects to complete a fundamental transformation from a modest Ontario-focused cobalt explorer into a global player, with a new name, new financing and a new focus on the Altai Republic in southern Russia.
Brazilian Gold (BGC-V) has taken a step forward with the release of a positive preliminary economic assessment (PEA) for its Sao Jorge gold project in the Tapajos region of northern Brazil.
Armenia-focused Lydian International (LYD-T) has outlined the potential to produce 1.6 million oz. gold from its Amulsar project in a preliminary economic assessment.
Rumours have been circulating for weeks that cash-rich BHP Billiton (BHP-N, BTL-L) might be interested in making a bid for Lundin Mining (LUN-T), but a late-night post on the Telegraph’s website on Aug. 8 added more fuel to the fire.
After a decade-long bull market “the gold mining industry has done little to bring on new supply,” Standard Chartered concludes in a new report, arguing that the gold market will be in deficit until at least 2015.
Uranium One’s (UUU-T) second-quarter profits surged 450% to US$29.7 million compared to the year-ago period, as revenue nearly doubled.
Irwin Olian is looking to strike it big in Africa yet again.
As fresh sovereign debt crises unfold and fears mount over a possible second recession, investors continue to look to gold as a leading safe-haven investment.
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