PRODUCER AND DEALER PRICES (November 29, 2010)
Antimony: Mid-mkt US$10,100/t.
News
DAILY METAL PRICES (November 29, 2010)
Date Nov. 22 Nov. 19 Nov. 18 Nov. 17 Nov. 16 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2235/2205 2191/2160 2230/2200 2135/2110 2245/22…
Nyrstar offers $409M for Farallon
VANCOUVER — Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409 million fully diluted.
Eike still likes gold (November 29, 2010)
While Brazilian billionaire Eike Batista has swelled his fortune on Brazilian offshore oil over the last five years, he still has an appetite for the commodity that helped propel him to fame and fortu…
NORTH AMERICAN STOCK EXCHANGE INDICES (November 29, 2010)
52-week Date Nov. 22 Nov. 19 Nov. 18 Nov. 17 Nov. 16 High Low TSX Composite 12929.01 12956.33 12870.01 12657.83 12602.23 13114.05 10990.41 S&P/TSX-Ven Comp 2014.05 1995.87 1987…
K+S bids $434M for Potash One
VANCOUVER — A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of Australian giant BHP Billiton’s (BHP-N) US$39- billi…
TSX SHORT POSITIONS (November 29, 2010)
Short positions outstanding at Nov. 15/10 (with changes from Oct. 31/10).
Mirasol prepares to drill new silver discovery (November 29, 2010)
As it prepares to begin drill testing a grassroots silver find in Argentina’s Santa Cruz province, Mirasol Resources (MRZ-V, M8R-F) is topping up its treasury with a $9.3-million financing.
NZ in mourning
The second last week of November saw tragedy descend on the normally idyllic West Coast region of New Zealand’s South Island, where an underground explosion killed 29 miners at the Pike River coking c…
WGC: Strong outlook for gold demand in Q4 2010
The following statement was recently released by the World Gold Council or WGC.
TSX VENTURE SHORT POSITIONS (November 29, 2010)
Short positions outstanding at Nov. 15/10 (with changes from Oct. 31/10).
GFMS’ silver market review
On Nov. 17 at the annual New York silver dinner organized by the Silver Institute, the London- based GFMS presented its interim silver market review. Below are key points from the review: