The potash rebound (March 29, 2010)
VANCOUVER — The potash market felt the wrath of the recession more than almost any other commodity, as struggling farmers around the world forwent the potassium-based crop nutrient for a time. But cr…
News
TORONTO STOCK EXCHANGE -MARCH 16-22
While markets rallied south of the border on the passage of national health care reform, it was a sideways period for the TSX composite index. The index finished the March 16-22 period 12 points lower…
TSX VENTURE EXCHANGE -MARCH 16-22
The S&P/TSX Venture composite index lost ground four of five days over March 16-22 to end the week down 6.92 points at 1554.59. Daily trading volumes remained strong over the week, averaging 116 m…
U.S. MARKETS -MARCH 16-22
The Dow Jones industrial average edged up 99.91 points or 0.94% to finish the March 16-22 reporting period at 10,785.89, while the S&P 500 index advanced 6.36 points or 0.55% to 1,165.81. The Nasd…
Rock fall kills three at Barrick mine in Tanzania (March 29, 2010)
VANCOUVER– Three miners at the Bulyanhulu underground gold mine in Tanzania were killed on March 16 by falling rocks. Owner Barrick Gold (ABX-T, ABX-N) immediately suspended mining operations and the…
NZ gov’t proposes opening land to miners
New Zealand is facing a political divide on its government’s proposal to open up conservation land for mining.
Osisko inks friendly all-share deal for Brett Resources
VANCOUVER — The growing Hammond Reef gold project in Ontario will soon have a new owner, now that Osisko Mining (OSK-T) is set to acquire Brett Resources (BBR-V) in an all-share deal that positions O…
New claims tax unfair to Nevada explorers
The following is an open letter from John Gardiner, president and CEO of Nevadafocused junior mineral explorer, Taranis Resources, to the president of the Nevada Mining Association, Tim Crowley.
PEOPLE (March 29, 2010)
Arian Silver — David Cather retired as a non-executive director.
SPOT PRICES (March 29, 2010)
COURTESY OF SCOTIABANK
LME WAREHOUSE LEVELS (March 29, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 23, 2010 (change from Mar. 16 in brackets):
PRODUCER AND DEALER PRICES (March 29, 2010)
Antimony: Mid-mkt US$5750.00/t.