TSX Venture Exchange Dec. 19-22
Over the trading session covering Dec. 19-22, the S&P/TSX Venture composite index lost 8.43 points to close at 692.02. Daily trading volumes were good, averaging out to 109 million.
News
Fronteer To Bid For Aurora
Fronteer Development Group (FRG-T, FRG-X) is the single largest shareholder of Aurora Energy Resources (AXU-T, AUEGF-O), with 42% of the company. Now Fronteer wants all of it — despite a three-year m…
Aggregates And Obama’s Plan: JP Morgan Says Tread Lightly
Vancouver– U. S. President-elect Barack Obama’s talk of massive new infrastructure spending as one response to an expected recession has some investors excited about stronger demand for aggregates. M…
Taseko Grows Gibraltar’s Copper And Moly Reserves
Vancouver — On the heels of a second expansion at the Gibraltar copper-molybdenum mine in central British Columbia, Taseko Mines (TKO-T, TGB-X) has boosted reserves at the mine by almost 30%.
Editorial: A Year Of Swan Dives And Belly Flops
It was remarkable year for the mining industry, as we witnessed a commodities boom in the first quarter turn into a bust by the fourth, all against the backdrop of a steadily worsening global financia…
Luna Ends Drilling On Strong Note
Luna Gold (LGC-V, LGCU-O) struck some promising results at its Cachoeira gold project in northeastern Brazil as it wrapped up its drill program for the year.
People (January 05, 2009)
Atna Resources — David Watkins appointed executive chairman and has stepped down as CEO; James Hesketh appointed CEO and remains president.
Commentary: OMA Makes Suggestions For Provincial Budget
The following is the second part of an open letter to The Honourable Dwight Duncan, Ontario’s minister of finance, from Chris Hodgson, president of the Ontario Mining Association, outlining the OMA’s …
LME Warehouse Levels (January 05, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 23, 2008 (change from Dec. 16 in brackets):
Spot Prices (January 05, 2009)
Spot Prices COURTESY OF SCOTIABANK Tuesday, Dec. 23, 2008 Precious Metals Price (US$/oz.) Change Gold $846.00 +12.50 Silver $10.70 +0.20 Platinum $855.00 +22.00 Palladium $173.00 -2.00…
Producer And Dealer Prices (January 05, 2009)
Antimony: Mid-mkt US$4,350 /t.
Daily Metal Prices (January 05, 2009)
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)