Toronto Stock ExchangE September 2-8
Despite the brief spell of confidence the U. S. government’s bailout of Fannie Mae and Freddie Mac brought to the markets, downward momentum proved too strong to combat for the TSX Composite Index, as…
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U. S. Markets September 2-8
U. S. stock indices were down during the Sept. 2-8 trading session on indications of a slowdown in the nation. The Dow Jones Industrial Average lost 33 points, or 0.2%, to 11,511; the S&P 500 Inde…
HudBay files resource on Lalor Lake
Lalor Lake has the potential to become HudBay Minerals’ (HBM-T, HBMFF-O) next mine in the Flin Flon greenstone belt of Manitoba, the company said in a statement announcing the first resource estimate …
Bard sings for long moly intercepts at Lone Pine
VANCOUVER — Bard Ventures (CBS-V, BVTLF-O) is pulling long molybdenum intercepts out of the ground at its Lone Pine property near Houston, in west-central British Columbia.
Intrepid Mines brings on Penta at Casposo
Intrepid Mines (IAU-T, IAU-A) is advancing its Casposo gold-silver project in Argentina by hiring local engineering firm Ingenieria Penta Sur S. A. Argentina.
China reaches out
Some highlights of recent mining acquisitions by Chinese companies include:
Tri-Venture dismantles Golden Giant mill
With reclamation under way by Fortune Minerals (FT-T, FTMDF-O) at the Golden Giant mine in Ontario’s Hemlo gold camp, the company has contracted Tri-Venture FE&C to dismantle, demolish and help sa…
LME WAREHOUSE LEVELS (September 15, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 8, 2008 (change from Sept. 1 in brackets):
SPOT PRICES (September 15, 2008)
Tuesday, Sept. 9, 2008 Precious Metals Price (US$/oz.) Change Gold $776.40 -26.10 Silver $11.23 -1.95 Platinum $1211.00 – 181.00 Palladium $231.00 -90.00 Base Metals Price (US$/lb.) …
PRODUCER AND DEALER PRICES (September 15, 2008)
Antimony: Mid-mkt US$6,466.00/t.
DAILY METAL PRICES (September 15, 2008)
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
Olympus Pacific goes it alone (September 15, 2008)
Olympus Pacific Minerals (OYM-T, OLYMF-O) is debt-free with about $16 million in the bank. But when the junior Canadian gold producer recently tried to borrow a total of $50 million from several banks…