Lake Shore And West Timmins Merge
Analysts say a merger between Timmins, Ont.-focused Lake Shore Gold (LSG-T, LSGGF-O) and West Timmins Mining (WTM-T, WTMNF-O) puts the combined company in line to become a mid-tier gold producer.
News
Spot Prices (September 07, 2009)
COURTESY OF SCOTIABANK
Ex-CEO Sparks Boardroom Battle At Athabasca Potash
VANCOUVER — Accusations of incompetence are flying back and forth between the current board of Athabasca Potash (API-T) and an alternate slate proposed and led by the company’s founder and former pre…
Glencore Offers Rare Look Into Its Financials
One of the more unexpected consequences of the upheaval caused by last year’s near financial meltdown is the increased transparency it has encouraged in the notoriously secretive Glencore Internationa…
Star Shines For Shore Gold
VANCOUVER — A positive prefeasibilty study from Shore Gold (SGF-T) just brought the dream of another diamond mine in Canada one step closer to reality.
Canadian Royalties Rejects Jien’s Hostile Bid
Canadian Royalties (CZZ-T, CRYAF-O), operator of the delayed Nunavik nickel project in northern Quebec, has told its share and debenture holders to reject a hostile takeover offer by Jien Canada Minin…
Letter to the editor: Groia’s NI 43-101 Proposal Would Paralyze Industry
I read with astonishment the commentary “NI 43-101 gives false sense of security” ( T. N. M., Aug. 31-Sept. 6/09). While largely correct, in fact the recommendations for yet more rigid supervision of …
M&A Gets Nasty As Metals Rebound
One sign metal prices are firmly rebounding has been the resurgence in boardroom battles and hostile takeovers, and their increasingly belligerent tones.
Producer And Dealer Prices (September 07, 2009)
Antimony: Mid-mkt US$4,950/t.
Letter to the Editor: Groia, MacNeil Wrong To Blame Labs In Fraud Cases
In their commentary “NI 43-101 gives false sense of security” ( T. N. M., Aug. 31-Sept. 6/09), Joseph Groia and James MacNeil make a number of comments and conclusions about the sources of fraud in th…
Daily Metal Prices (September 07, 2009)
Date Aug. 31 Aug. 28 Aug. 27 Aug. 26 Aug. 25 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 1720/1750 1680/1710 1695/1760 1690/172…
North American Stock Exchange Indices (September 07, 2009)
52-week Date Aug. 31 Aug. 28 Aug. 27 Aug. 26 Aug. 25 High Low S&P/TSX-Ven Comp 1175.24 1188.71 1182.15 1186.09 1183.67 1983.64 678.62 TSX Composite 10868.21 10977.97 10933.96 10912.17 10920.53…