U.S. MARKETS -March 23-29
U.S. equity markets were relatively subdued in the week following the successful passage of U.S. President Barack Obama’s landmark healthcare plan through Congress. While a falling dollar boosted comm…
News
Vale Inco renews ABB deal at Voisey’s Bay
Swiss automation and engineering giant ABB (ABB-N) has just signed an agreement with Vale Inco, a subsidiary of Vale (VALE-N) to cover equipment maintenance at the company’s Voisey’s Bay nickel mine i…
AMEC snaps up contract for feasibility study at Kitsault
U.K.-based consultants AMEC (AMEC-L) have been pegged by Avanti Mining (AVT-V) to prepare a feasibility study for the Kitsault molybdenum mine in northern British Columbia.
ATCO stocks up on camp gear in Timmins
Mining infrastructure company ATCO Structures & Logistics (ASL) is set to acquire the assets of Timmins, Ont.-based Woodgreen Homes & Trailer Sales.
Komatsu-Cummins fires up its 500,000th engine
The Komatsu-Cummins Engine Company (KCEC) recently has announced the production of its 500,000th engine at its plant in Oyama, Japan.
SPOT PRICES (April 05, 2010)
COURTESY OF SCOTIABANK
LME WAREHOUSE LEVELS (April 05, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 30, 2010 (change from Mar. 23 in brackets):
Stornoway improves Renard economics
VANCOUVER — Following a December resource update that more than tripled the tonnage and diamond count at the Renard project in Quebec’s Otish mountains, a new preliminary economic assessment of the p…
Quebec Lithium project gets bigger, better for Canada Lithium
A new prefeasibility study on Canada Lithium’s (CLQ-V, CLQMF-O) Quebec Lithium project envisages an open-pit mine that would produce 42.6 million lbs. of battery-grade lithium carbonate per year over …
PRODUCER AND DEALER PRICES (April 05, 2010)
Antimony: Mid-mkt US$5750.00/t.
Puzzling Rio Tinto convictions in China
The swift convictions of four Rio Tinto employees in Shanghai in late March brought more questions than answers.
DAILY METAL PRICES (April 05, 2010)
Date Mar. 29 Mar. 26 Mar. 25 Mar. 24 Mar. 23 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2035/2070 2035/2070 2050/2100 2050/2080 2051/2…