African Copper Shuts Down Mowana
African Copper (ACU-T, ACU-L) is closing the doors on its Mowana copper mine in Botswana.
News
People (February 02, 2009)
Andina Minerals — George Bee appointed president and CEO; Carl Hansen has stepped down as president and CEO.
Acadian Subsidiary ScoZinc Gets Creditor Protection
Dramatic cost reduction measures at Acadian Mining’s (ADA-T, ADAIF-O) Scotia mine a few months ago weren’t enough to save it from collapsing zinc and lead prices.
Rusoro Bid: An Offer Gold Reserve Shareholders Can Refuse
Less than 3% of Gold Reserve’s (GRZ-T, GRZ-X) shares have been tendered so far in Rusoro Mining’s (RML-V, RMLFF-O) hostile takeover bid, prompting Rusoro to extend the deadline another month to Feb. 1…
Houston Lake Grows West Cedartree
Houston Lake Mining (HLM-V, HLKMF-O) has taken another step towards realizing its ambition of developing a gold mine near Kenora, in northwestern Ontario.
Centamin Raising $60M For Sukari
VANCOUVER — Centamin Egypt (CEE-T, CEY-L) is raising $60 million for its 9-million-oz. Sukari gold project in Egypt through a bought-deal financing.
Lme Warehouse Levels (February 02, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 27, 2009 (change from Jan. 20 in brackets):
Spot Prices (February 02, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (February 02, 2009)
Antimony: Mid-mkt US$4,350 /t.
Vale Inco Halts Concentrate Shipments From Voisey’s Bay
Vale (RIO-N) subsidiary Vale Inco has stopped shipping concentrate from its gigantic Voisey’s Bay nickel mine as part of an agreement with the province of Newfoundland and Labrador, pending the outcom…
Daily Metal Prices (February 02, 2009)
Date Jan. 26 Jan. 23 Jan. 22 Dec. 21 Dec. 20 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1032/1100 1020/1060 1020/1060 1036/1105 1066/1…
North American Stock Exchange Indices (February 02, 2009)
52-week Date Jan. 26 Jan. 23 Jan. 22 Jan. 21 Jan. 20 High Low S&P/TSX-Ven Comp 867.16 859.69 850.21 851.55 856.68 2814.88 678.62 TSX Composite 8656.51 8627.97 8486.56 8757.89…