U.S. MARKETS -Aug. 30-Sept. 3
The U.S. unemployment rate in August increased a tenth of a point to 9.6%, but a bigger-than-expected rise of 67,000 in private payrolls moderated the gloom somewhat during the Aug. 30-Sept. 3 trading…
News
PEOPLE (September 13, 2010)
Adamus Resources — Mark Bojanjac resigned as managing director and CEO; Mark Connelly appointed managing director and CEO.
SPOT PRICES (September 13, 2010)
COURTE SY OF SCOTIABANK
LME WAREHOUSE LEVELS (September 13, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 6, 2010 (change from Aug. 31 in brackets):
PRODUCER AND DEALER PRICES (September 13, 2010)
Antimony: Mid-mkt US$9,766.66/t.
Goldcorp trumps Eldorado’s bid for Andean
Andean Resources (AND-T, AND-A) was thrust into the spotlight in the early hours of Sept. 3 as two offers for the company came in rapid succession.
Pediment up on San Antonio drilling (September 13, 2010)
VANCOUVER — On the heels of a healthy preliminary economic assessment (PEA) for the San Antonio gold project in Mexico, Pediment Gold (PEZ-T) has hit promising intercepts in an untested zone between …
Canaco eyes Ethiopian assets
Canaco Resources (CAN-V) has closed in escrow its acquisition from Beijing Donia Resources of 70% of the outstanding shares of Harvest Mining, a private Ethiopian exploration company. Harvest owns a 1…
DAILY METAL PRICES (September 13, 2010)
Date Sept. 6 Sept. 3 Sept. 2 Sept. 1 Aug. 31 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2280/2160 2250/2130 2220/2120 2215/2105 2145/20…
Kodiak, Golden Goose set to merge
VANCOUVER — Junior gold explorers Kodiak Exploration (KXL-V) and Golden Goose Resources (GGR-V) have entered into a binding agreement to merge, bringing together several gold properties at various st…
NORTH AMERICAN STOCK EXCHANGE INDICES (September 13, 2010)
52-week Date Aug. 30 Aug. 27 Aug. 26 Aug. 25 Aug. 24 High Low S&P/TSX-Ven Comp Holiday 1565.96 1531.23 1517.63 1499.63 1691.10 1229.25 TSX Composite Holiday 12144.92 12111.09 12003.78 11913.86…
M&A frenzy
The unofficial last week of summer in Canada and the U.S. was a surprisingly intense period of mergers and acquisitions (M&A) activity.