LME Warehouse Levels (July 23, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 16, 2007 (change from July 9 in brackets):
News
Spot Prices Courtesy of Scotiabank Tuesday, July 17, 2007
Precious Metals Price (US$/oz.) Change Gold $663.15 +2.00 Silver $12.90 +0.14 Platinum $1306.00 +10.00 Palladium $367.00 0.00 Base Metals Price (US$/lb.) Change Nickel $14.47 -1.31 Lead $1.41 +0.07 Copper $3.61…
The end for Eurasia
Kazakhmys (KZMYF-O, KAZ-L) has taken up 96% of the outstanding shares of Eurasia Gold (EGX-T, EGXDF-O) and will move to a compulsory acquisition of the company.
Alcan introduces white knight (July 23, 2007)
Rio Tinto (RTP-N, RIO-L, RIO-A) has entered the lists as a friendly bidder for Alcan (AL-T, AL-N), in a deal that values the Montreal-based aluminum producer at $40 billion and knocks Alcoa (AA-N) out…
Livin’ the Mexican dream
SITE VISIT La Luz, Mexico — It was another gruelling day as a geologist for Pierre O’Dowd, vice-president exploration for Normabec Mining Resources, (NMB-T, NBEMF-O) and he was seriously considering…
No big lift for Atna (July 23, 2007)
Not even a 50% increase in resources at its Pinson gold property, in Nevada, could give Atna Resources (ATN-T, ATNAF-O) a substantial lift on the market.
New Gold raises $375M
Vancouver — New Gold (NGD-T, NGD-X) has closed a $375.3-million financing, leaving the company with some $400 million in the bank to fund mine development at its New Afton copper-gold project in sout…
Daily Metal Prices (July 23, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Producer and Dealer Prices (July 23, 2007)
Antimony : Mid-mkt US$5,370/t.
Jinshan closes offering
Vancouver — After recently cancelling a planned private placement citing dilution concerns, Jinshan Gold Mines (JIN-T, JINFF-O) has closed a $20-million debt financing to raise funds for Chinese expl…
North American Stock Exchange Indices (July 23, 2007)
Date July 16 July 13 July 12 July 11 July 10 High Low S&P/TSX-Ven Comp 3304.45 3330.39 3305.11 3268.75 3248.29 3372.00 2291.43 TSX Composite 14338.25 14496.50 14356.00 14166.09 14131.93 14496.50…
CNQ Trading – July 10-16, 2007
STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Bannockburn Res BKNN 181 8.10 7.55 7.55 0.00 8.10 0.405 CDG Invest CDGI 10 0.02 0.02 0.02 0.00 0.065 0.01 Copper…