TSX Venture Exchange -Dec. 22-Jan. 4
The S&P-TSX Venture Composite Index enjoyed a happy holidays, gaining 115.76 points between Dec. 22 and Jan. 4 to close the first trading day of 2010 at 1543.93. Daily trading volumes were down, a…
News
U.S. Markets -Dec. 22-Jan. 4
The New Year got off to a good start when, on the first trading day of 2010, the Dow Jones Industrial Average and the S&P 500 Index registered their highest closes in 15 months and the Nasdaq ende…
People (January 11, 2010)
Alcoa — Nicholas Ashooh appointed VP of corporate affairs, replacing John D. Bergen, who has been appointed VP of human resources.
Goldcorp Battles Penmont For Canplats
VANCOUVER– Goldcorp (G-T, GG-N) and Minera Penmont have proven themselves worthy adversaries in a bidding war for Canplats Resources (CPQ-V) and its gold-silver-lead-zinc project in Mexico: the origi…
UN Sanctions Against Eritrea To Impede Miners?
Sunridge Gold (SGC-V) says new United Nations Security Council sanctions against Eritrea won’t interfere with its ambitious drilling and exploration plans there in 2010.
Spot Prices (January 11, 2010)
COURTESY OF SCOTIABANK
Duluth Metals Soars On Nokomis Resource
An expanded resource for the Nokomis polymetallic deposit in Minnesota “confirms” the deposit is “one of the largest valuable mineral assets in the world,” says Henry Sandri, president and chief execu…
LME Warehouse Levels (January 11, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, January 5, 2010 (change from Dec. 29 in brackets):
Chinese Bid $679M For Corriente
VANCOUVER — After a year of negotiations, Corriente Resources (CTQ-T) has inked a deal to sell itself and its massive copper-gold projects in Ecuador to two Chinese companies for $679 million.
Producer And Dealer Prices (January 11, 2010)
Antimony: Mid-mkt US$5750.00/t.
First Quantum Picks Up Ravensthorpe From BHP
BHP Billiton (BHP-N, BLT-L) suspended operations at its Ravensthorpe nickel project in Western Australia in January after nickel prices plunged in late 2008 and it encountered a series of operating an…
Queenston Banking On Kirkland Lake To Return To Producer Status
New resource estimates for two of its deposits in the Kirkland Lake camp have brought Queenston Mining’s (QMI-T) gold resources in this corner of northeastern Ontario to 640,000 measured and indicated…