TORONTO STOCK EXCHANGE -November 15-19
With investor mood dampened by concerns over China’s tightening fiscal policy and Europe’s woes with Ireland and Iceland, the Toronto Stock Exchange closed the Nov. 15-19 week higher, led by the finan…
Articles by Northern Miner Staff
TSX VENTURE EXCHANGE -November 15-19
The third week of November saw the S&PTSX Venture composite index lose more than it gained for the first time since July: the board lost 84.22 points in the first two days of the week, but recover…
U.S. MARKETS -November 15-19
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones industrial average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to…
SPOT PRICES (November 29, 2010)
COURTESY OF SCOTIABANK
LME WAREHOUSE LEVELS (November 29, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 22, 2010 (change from Nov. 15 in brackets):
EXCHANGE RATES (November 29, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 22 Nov 19 Nov 18 Nov 17 Nov 16 US$ in C$ 1.0187 1.0208 1.0174 1.0207 1.0231 C$ in US$ 0.9816 0.9796 0.9829 0.9797 0.9774…
Glencore invests in PolyMet
VANCOUVER — PolyMet Mining (POM-T, PLM-X) is offering to sell US$30 million worth of shares to Glencore International as it works towards securing final permitting of its NorthMet open-pit polymetall…
Allied Gold plans growth in PNG
VANCOUVER — Allied Gold (ALG-T, ALD-A) has big plans for its Simberi gold mine in Papua New Guinea (PNG) — the company has embarked on an expansion of the mine’s oxide processing unit and now a pref…
Fortuna Silver progresses at San Jose
SITE VISIT SAN JOSE DEL PROGRESO, OAXACA, MEXICO — “Oaxaca is not for the faint of heart,” says Jorge Ganoza Durant with a slight grin, during a site visit to Fortuna Silver Mines’ (FVI-T) San Jose silver-gold project in the state.As…
Matamec: metallurgy fine at Kipawa
SITE VISIT NORTH BAY, ONT. –When at least one hundred companies in Canada claim to have some rare earth element (REE) showings on their properties and about five or six of them are serious contenders for making it into production, the…
Tahoe flaunts Escobal in Guatemala
Led by Kevin McArthur, a former CEO of Goldcorp (G-T, GG-N) and Glamis Gold, Tahoe Resources (THO-T) hopes to position itself as a new leader in the silver business on the back of the recently acquired and newly discovered Escobal silver…
Granada gets interesting for Gold Bullion (November 29, 2010)
VANCOUVER — Gold Bullion Development (GBB-V) is hitting the best grades to date at its Granada gold project in Quebec as it explores the Eastern Extension of its LONG Bars zone.