TSX VENTURE EXCHANGE – NOVEMBER 11-17
By the last day of the Nov. 11-17 trading session the S&P-TSX Venture Composite Index slid below 800 points and closed at a low not seen since January 2000. The Venture board lost 128.2 points to …
News
Rare Earths Shortage Looming?
The key metals needed for hybrid cars, flat-screen TVs and energy-efficient lighting could be in short supply in a few years’ time if rare earth element mines aren’t developed outside of China, some i…
Lundin Sees One-Two Punch In Q3
Vancouver– Deteriorating metal prices have forced Lundin Mining (LUN-T, LMC-n) to put one mine on care and maintenance, consider closing another early, and shift production at a third to copper from …
Teck Wrestles With US$10B Debt
Vancouver — For the last few years, Teck (TCK. B-T, TCK-n) has been a reliable, dividend-paying investment option, a major mining company regularly recording substantial profits by cashing in on stro…
Apex Silver Forced Into Fire Sale Of San Cristobal
Apex Silver Mines (SIL-x) has been forced to sell its 65% stake in the massive San Cristobal zinc and silver mine to its minority partner, Japan-based Sumitomo Corp. (SSUMY-o) for US$22.5 million.
LME WAREHOUSE LEVELS (November 24, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 18, 2008 (change from Nov. 11 in brackets):
SPOT PRICES (November 24, 2008)
COURTESY OF SCOTIABANK
PEOPLE (November 24, 2008)
Alcoa — Patricia Russo appointed a director.
PRODUCER AND DEALER PRICES (November 24, 2008)
Antimony: Mid-mkt US$5,800 /t.
DAILY METAL PRICES (November 24, 2008)
Date Nov. 17 Nov. 14 Nov. 13 Nov. 12 Nov. 11 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1352/1415 1371/1420 1370/1411 1360/1400.50 141…
NORTH AMERICAN STOCK EXCHANGE INDICES (November 24, 2008)
52-week Date Nov. 17 Nov. 14 Nov. 13 Nov. 12 Nov. 11 High Low S&P/TSX-Ven Comp 785.79 801.61 813.59 822.50 872.33 2941.52 783.64 TSX Composite 8795.45 9055.96 9352.78 8922.57…
TSX VENTURE SHORT POSITIONS (November 24, 2008)
Short positions outstanding at Oct. 31/08 (with changes from Oct. 15/08).