People (March 30, 2009)
Abitex Resources– Ian Peres and Peter Hawley appointed directors.
News
Mayhem In Madagascar
Madagascar is in a state of upheaval, and while foreign miners with operations there deny being affected, no one knows how it will play out in the end.
Kinross Invests In Ailing Harry Winston
Kinross Gold (K-T, KGC-N) is raising some eyebrows with a surprise move into the diamond business, starting with a US$150-million offer for stakes in diamond miner and retailer Harry Winston Diamond (…
Teck Ordered To Pay US Natives $1M For Trail Smelter Pollution
VANCOUVER– After exhausting its appeal options, Teck (TCK. B-T, TCK-N) has been ordered to pay more than US$1 million to an American Indian tribe to reimburse legal expenses it incurred trying to for…
Dorato Raising $5M For Taricori
VANCOUVER — Dorato Resources (DRI-V, DRIFF-O) is topping up its cash reserves with a $5-million private placement underwritten by Canaccord Capital to help fund a 35-hole drill program on the Taricor…
When Harry Met Tye
Kinross Gold served up the biggest surprise of the eleventh trading week of the year, with its first-ever foray into the diamond business in the form of a US$150-million investment in Harry Winston an…
Lme Warehouse Levels (March 30, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar. 24, 2009 (change from Mar. 17 in brackets):
Spot Prices (March 30, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (March 30, 2009)
Antimony: Mid-mkt US$4,350/t.
Daily Metal Prices (March 30, 2009)
Date Mar. 23 Mar. 20 Mar. 19 Mar. 18 Mar. 17 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1221/1260 1211.00/1250 1220/1240 1160/1190 116…
North American Stock Exchange Indices (March 30, 2009)
52-week Date Mar. 23 Mar. 20 Mar. 19 Mar. 18 Mar. 17 High Low S&P/TSX-Ven Comp 924.03 901.80 903.57 865.71 853.12 2735.30 678.62 TSX Composite 8958.51 8506.35 8690.49 8629.10…
Growing Jaguar Mining Closes $86M Offering
Jaguar Mining (JAG-T, JAG-N) has raised $86 million through an offering of 13.9 million shares at $6.20 per share to fund the development of Caete, its fourth mine.