U.S. Markets -Dec. 15-17
Investors continued to unwind some of their positions during the abbreviated Dec. 14-17 reporting period, sending the Dow Jones Industrial Average down 192.79 points or 1.84% to finish at 10,308.26, w…
News
Survey Says Quarter Of Canadians Are Strong Supporters Of Mining
An Angus Reid survey has found that 25% of Canadians are strong supporters of mining while 14% say they are anti-mining.
Royal Gold Starts A Royalty Rumble
Royal Gold (RGL-T, RGLD-Q) has signed a friendly deal to acquire International Royalty (IRC-T, ROY-X) for $749 million in cash and shares, outdoing a $640-million all-cash hostile bid by Franco- Nevad…
Freewest Not Yet In The Bag For Cliffs
I have been following your coverage of the takeover struggle between Cliffs Natural Resources and Noront Resources for Freewest Resources Canada. As we all know, Noront seems to have been eliminated a…
Goldrush Cuts Ties With High River
Goldrush Resources (GOD-V) is calling it a day with High River Gold Mines (HRG-T).
Iberian Weathers Tough Quarter
An onerous hedge book was mainly to blame for Iberian Minerals’ (IZN-V) wide swing from profitability to loss in the third quarter, but it wasn’t the only alarming news.
People (December 28, 2009)
Anatolia Minerals Development — Howard Stevenson appointed VP and COO.
Endeavour Silver To Acquire More Ground In Mexico
With record prices for gold continuing to lift those of other precious metals, silver has hit a 16-month peak of US$18.83 per oz. and it seems like companies such as Endeavour Silver (EDR-T, EXK-X) ar…
Spot Prices (December 28, 2009)
COURTESY OF SCOTIABANK
LME Warehouse Levels (December 28, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, December 15, 2009 (change from Dec. 7 in brackets):
Thick, Copper-Rich Intercepts For Sunridge At Debarwa
Sunridge Gold’s (SGC-V) latest results from Eritrea show the company to be off to a stellar start on its 2009 drill campaign.
Producer And Dealer Prices (December 28, 2009)
Antimony: Mid-mkt US$6,050/t.