Candente Copper a possible takeover?
Candente Copper’s (dnt-t) sizeable Canariaco Norte copper-gold deposit in northern Peru has been receiving a lot of buzz lately, with a few analysts tipping the project off as a possible takeover target.
News
TSX comes back to life
The TSX Composite Index came back to life for the holiday shortened Oct. 11-14 period and finished 235 points higher than where it began at 12,081.73 points. The positive swing came as fears surrounding the European debt crisis subsided – for…
Venture climbs again in Oct. 11-14 period
Vancouver – Continued cautious optimism had the S&P/TSX Venture Composite Index climbing again, up 85.11 points in the shortened October 11-14 trading period to reach 1,557.61 points. The index climbed on three trading days while dropping…
Back-to-back weekly gains for U.S. equities, Oct. 10-14
Despite warnings by European Central Bank President Jean-Claude Trichet that the European debt crisis had “reached a systemic dimension;” the defeat in the Senate of U.S. President Barack Obama’s US$447 billion job-creation package; a recent…
Editorial: What’s next for REEs?
Over the past few years we’ve seen booms and busts for niche-market metals like uranium and molybdenum. Now it’s time for the rare earth elements (REE) subsector to endure a similar correction.
Commentary: HR challenges in exploration
The federal government-funded Mining Industry Human Resources Council (MiHR) and the Prospectors and Developers Association of Canada (PDAC) have released a report that analyzes the labour market for mineral exploration in Canada and the human…
Facts ‘n’ Figures: GFMS says Gold hedging back in fashion
The following is an edited excerpt from the report Global Hedge Book Analysis Q2: 2011, which is produced by Thomson Reuters GFMS and available in full at www.gfms.co.uk.
Union troubles for Excellon in Mexico
Feuding unions at Excellon Resources’ (EXN-T) Platosa polymetallic mine in Mexico’s Durango state have staged two demonstrations in recent months and caused a total of seven days of lost production in August and September.
People
Anglo Pacific Group — Matthew Tack resigned as finance director.
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Oct 11, 2011
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct 10, 2011 (change from Sept 19 in brackets):