News

Huge, low-grade mineral deposits sit on a razor’s edge, able to generate great profits when metals prices are strong but extremely vulnerable to cyclical downturns.

The steel and iron ore industries are forecasted to make a strong recovery in 2010 before leveling out, according to the Trust Fund Project on Iron Ore Information’s latest report.

With the ink still drying on Foraco International’s (FAR-T) acquisition of Latin American driller Adviser Drilling, the Marseille, Francebased company has shifted its focus to Russia by snapping up a …

Asian Mineral Resources — Mark Arnesen and Fook Hoy Lai appointed directors.

COURTE SY OF SCOTIABANK

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 20, 2010 (change from July 13 in brackets):

Antimony: Mid-mkt US$9,000.00 /t.

Date July 19 July 16 July 15 July 14 July 13 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2030/2000 2020/1990 1990/1970 1995/1980 1950/1…

Featured Fund: Dynamic Precious Metals as of 03/31/10 (in weighted order): Osisko Mining, San Gold, Red Back Mining, Aurizon Mines, Agnico-Eagle Mines, Alamos Gold, Kinross Gold, Allied Nevada Gold, E…

52-week Date July 19 July 16 July 15 July 14 July 13 High Low S&P/TSX-Ven Comp 1362.10 1379.49 1386.86 1384.56 1384.11 1691.10 1095.62 TSX Composite 11543.47 11569.65 11741.77 11620.16 11672.84…

Short positions outstanding at June 30/10 (with changes from June 15/10).

Short positions outstanding at June 30/10 (with changes from June 15/10).