Xstrata Copper to spend $121 M to extend Kidd
Mining giant Xstrata’s (XSRAF-O, XTA-L) subsidiary Xstrata Copper will invest $121 million to extend the life of its Kidd polymetallic mine near Timmins, Ont.
News
Serengeti expands Kwanika (August 25, 2008)
VANCOUVER — With the assays in hand from another dozen drill holes from an ongoing 59-hole campaign this year at its Kwanika property, about 250 km east of Smithers, B. C., Serengeti Resources’ (SIR-…
Aussie billionaire to form China-focused resource giant
An Australian billionaire plans to launch his private company, Resource Development International (RDI), as a resources giant that would supply iron ore, nickel and energy to China.
Intrepid posts Indonesian resource (August 25, 2008)
VANCOUVER — A resource estimate for a portion of the Tujuh Bukit gold project in Indonesia only a few months after Intrepid Mines (IAU-T, IAU-A) acquired the project through a merger with Emperor Min…
LME WAREHOUSE LEVELS (August 25, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 19, 2008 (change from Aug. 12 in brackets):
SPOT PRICES (August 25, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (August 25, 2008)
Antimony: Mid-mkt US$6,350.00/t.
Glass Earth Gold steps up drilling across New Zealand
PERTH, WESTERN AUSTRALIA — Wellington-based junior Glass Earth Gold (GEL-V, GELGF-O) is among New Zealand’s most active explorers and probably the only one with drilling campaigns on both the North a…
DAILY METAL PRICES (August 25, 2008)
Date Aug. 18 Aug. 15 Aug. 14 Aug. 13 Aug. 12 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2430.50/2475 2450/2490 2450/2495 2450/2500 246…
NORTH AMERICAN STOCK EXCHANGE INDICES (August 25, 2008)
52-week Date Aug. 18 Aug. 15 Aug. 14 Aug. 13 Aug. 12 High Low S&P/TSX-Ven Comp 1923.64 1937.33 1991.18 1996.89 1976.52 3192.55 1917.85 TSX Composite 13119.37 13096.70 13358.91 …
Aussie junior Waratah Coal takes Queensland by storm
It’s a coal exploration company that many investors in Toronto may never have heard of, but Waratah Coal (WCI-V, WGO-A) is certainly making a big splash in Australia.
TSX VENTURE SHORT POSITIONS (August 25, 2008)
Short positions outstanding at July 31/08 (with changes from July 15/08).