Editorial: HudBay’s baffling Lundin bid
While metal prices seem to have bottomed out in November, the week ended Nov. 22, the 47th trading week of 2008, saw several miners’ share prices get their feet knocked out from under them.
News
Suppliers News: Pala Investments buys Dumas Contracting
Pala Investments Holding, a mining- focused Swiss investment company, has acquired Canadian mine engineering firm Dumas Contracting.
U. S. MARKETS – NOV. 18-24
U. S. stock indices were mixed during the Nov. 18-24 trading session. The Dow Jones Industrial Average gained 170 points, or 2.1%, to 8,443; the S&P 500 Index rose 1 point, or 0.1%, to 852; and th…
TORONTO STOCK EXCHANGE – NOV. 18-24
The S&P-TSX Composite Index took another beating over the Nov. 18-24 trading period with the mining sector especially hard hit. The index fell 4%, or 355 points to 8,441 points for the week after …
People (December 01, 2008)
Adriana Resources — Guilherme Moretzsohn de Andrade appointed director of port development for Brazil operations.
TSX VENTURE EXCHANGE – NOV. 18-24
Over the Nov. 18-24 trading week, the S&PTSX Venture Composite Index saw three days of losses followed by two of gains, leaving it down 63 points at the end of the session at 722.79. In the middle…
Lme Warehouse Levels (December 01, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 25, 2008 (change from Nov. 18 in brackets):
Orezone Beefs Up Bombor
Orezone Resources (OZN-T, OZN-x) has nearly tripled gold resources at the Bombor project in Burkina Faso to nearly 926,000 indicated oz. and 1.78 million inferred oz.
Spot Prices (December 01, 2008)
COURTESY OF SCOTIABANK
Rolling Rock Resource Tops 1M Oz. Gold
Vancouver — As Rolling Rock Resources( RLL-V, RLLGF-o) reworks data for a pending scoping study of its Monument Bay project, 350 km southeast of Thompson, Man., it has topped a million inferred ounce…
Producer And Dealer Prices (December 01, 2008)
Antimony: Mid-mkt US$5,700 /t.
Daily Metal Prices (December 01, 2008)
Date Nov. 24 Nov. 21 Nov. 20 Nov. 19 Nov. 18 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1315/1375 1325/1370 1315/1355 1350.50/1420 138…