U.S. Markets Aug. 18-24
The market continued its bumpy roller-coaster ride during the Aug. 18-24 session. A major sell-off during the previous trading period was more than offset by a four-day rally that drove the Dow Jones …
News
Toronto Stock Exchange Aug. 18-24
After giving investors a scare, the S&P/TSX composite index showed resilience once again, finishing the Aug. 18-24 reporting period roughly 200 points higher at 10,789.97.
TSX Venture Exchange Aug. 18-24
Without a doubt, the S&P/TSX Venture composite index had a strong showing during the Aug. 18-24 reporting period. There were four consecutive days of gains, followed by a small loss on the period’…
People (August 31, 2009)
Anfield Nickel — Aziz Shariff has resigned as chairman but remains a director; David Strang appointed chairman; Marshall Koval appointed president and CEO; Sandra Lim appointed CFO; Andrew Carstensen…
Tight Scrap To Support Metals, Says Bank Of America
Less scrap metal due to faltering industrial production last year will contribute to a declining surplus in the refined copper market in 2010, while stainless steel mills are likely to use more refine…
LME Warehouse Levels (August 31, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 25, 2009 (change from August 18 in brackets):
Spot Prices (August 31, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (August 31, 2009)
Antimony: Mid-mkt US$4,950/t.
Lundin Looks To Get Chariot On The Cheap
Some key members of Lundin Mining’s (LUN-T, LUNCF-O) board are making a bold move on Chariot Resources (CHD-T, CHDSF-O).
Forsys Cancels Merger
Frustrated with continued delays to consummating its merger deal with George Forrest International Afrique (GFI), Oakville, Ont.-based Forsys Metals (FSY-T, FOSYF-O) has cancelled its agreement to be …
Daily Metal Prices (August 31, 2009)
Date Aug. 24 Aug. 21 Aug. 20 Aug. 19 Aug. 18 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1700/1740 1715/1760 1715/1750 1745/1770 1745/1…
Constantine Hits Big With Stepouts At Palmer Project
VANCOUVER — Solid drill results kept Constantine Metal Resources (CEM-V, CNSNF-O) afloat on a day when investors decided to pummel the mining sector: drill results from the Palmer project in Alaska k…