Bad Commercial Paper Delays Norsemont Payment
The frozen asset-backed commercial paper market continues to affect miners, with Norsemont Mining (NOM-T, NOMFF-o) announcing that it will have to delay a payment attached to its 100% acquisition of i…
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Lme Warehouse Levels (December 29, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 16, 2008 (change from Dec. 9 in brackets):
AME BC Announces Annual Award Winners
Vancouver– The Association for Mineral Exploration British Columbia (AME BC) has named its award winners for 2008. These B. C. industry leaders will be honoured at the annual awards dinner on Jan. 28…
Spot Prices (December 29, 2008)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (December 29, 2008)
Antimony: Mid-mkt US$4,850 /t.
Daily Metal Prices (December 29, 2008)
Date Dec. 15 Dec. 12 Dec. 11 Dec. 10 Dec. 9 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1120/1180 1140/1180 1140/1210 1110.50/1170 1105…
North American Stock Exchange Indices (December 29, 2008)
52-week Date Dec. 15 Dec. 12 Dec. 11 Dec. 10 Dec. 9 High Low S&P/TSX-Ven Comp 716.81 718.54 713.44 705.54 686.02 2886.39 678.62 TSX Composite 8461.83 8515.45 8391.90 8634.00 …
Northgate More Than Doubles Young-Davidson Gold Resource
Vancouver — Northgate Minerals (NGX-T, NXG-x) has been rewarded for its drilling efforts at its Young-Davidson project in Ontario with a new resource estimate that pushes the gold count past 3 millio…
Tsx Short Positions (December 29, 2008)
Short positions outstanding at Dec. 15/08 (with changes from Nov. 30/08).
Canadian Gold Mutual Funds (December 29, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
Editor’s Picks: top 10 stories of 2008
It was remarkable year for the mining industry, as we witnessed a commodities boom in the first quarter turn into a…
Metallurgical coal outlook for 2009
Demand for metallurgical coal next year will be 7% lower than in 2008, as global steel production continues to drop…