Boreal plan could be bad news for miners
Mining, forestry and all other kinds of development will be banned from nearly half of Ontario’s northern boreal region, the Ontario Liberal government has announced.
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METALS COMMENTARY (July 21, 2008)
In the next 12 months, Citigroup Global Markets thinks Alcoa is going to move to US$50 per share from US$32.78 on the back of stronger aluminum prices.
AMEC hired as engineering team for Afton/Ajax project
Vancouver-based Abacus Mining & Exploration (AME-V) has hired AMEC Americas to build an updated mineral resource model and carry out the necessary engineering work at the company’s Afton- Ajax pro…
Taseko spends $100M on Gibraltar mine equipment
Vancouver-based Taseko Mines (TKO-T, TGB-X) has purchased $100 million worth of mining and milling equipment from Bucyrus International (BUCY-N).
Nevada Geothermal Power borrowing US$145M for generating plant
Nevada Geothermal Power (NGP-V, NGLPF-O) is planning to borrow US$145 million from a banking syndicate led by Morgan Stanley (MS-N) and Glitnir Capital to build a geothermal power plant at Blue Mounta…
LME WAREHOUSE LEVELS (July 21, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 15, 2008 (change from July 8 in brackets):
PEOPLE (July 21, 2008)
Abacus Mining & Exploration– Victor Lazarovici appointed a director.
SPOT PRICES (July 21, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (July 21, 2008)
Antimony: Mid-mkt US$6,300.00/t.
DAILY METAL PRICES (July 21, 2008)
Date July 14 July 11 July 10 July 9 July 8 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy n/a 2690/2725 2690/2730 2630/2650 2670/2695 Alum…
NORTH AMERICAN STOCK EXCHANGE INDICES (July 21, 2008)
52-week Date July 14 July 11 July 10 July 9 July 8 High Low S&P/TSX-Ven Comp 2378.34 2391.86 2383.65 2372.49 2799.70 3341.56 2340.21 TSX Composite 13741.29 13709.10 13743.88 …
TSX SHORT POSITIONS (July 21, 2008)
Short positions outstanding at June 30/08 (with changes from June 15/08).