PRODUCER AND DEALER PRICES (May 03, 2010)
Antimony: Mid-mkt US$9,050.00/t.
Volume 96 Number 11 - May 3 - May 9, 2010
LME WAREHOUSE LEVELS (May 03, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 27, 2010 (change from Apr. 20 in brackets):
SPOT PRICES (May 03, 2010)
COURTESY OF SCOTIABANK
Greystar gets blindsided
Steve Kesler hardly had time to get comfortable in his new chief executive’s chair before finding himself in the midst of a historic problem.
TSX VENTURE EXCHANGE -April 20-26
The S&P/TSX Venture composite index climbed back up towards its post-recession high over the April 20-26 trading week, gaining 18.89 points to close the week at 1672.85. Daily trading volumes were…
TORONTO STOCK EXCHANGE -April 20-26
The TSX composite index increased over the April 20-26 trading period, gaining 178 points, or 1.5%, to close at 12,102.97 points.
PEOPLE (May 03, 2010)
Big Bear Mining– John Glasscock appointed a director.
Newcrest still in running for Lihir
Despite Lihir Gold’s (LGG-T, LGL-A, LIHR-Q) rejection of Newcrest Mining’s (NCM-A) offer on April 1, the potential to create the leading gold company in Asia Pacific may be too strong to ward off inde…
Shaft collapse kills worker at Wolverine mine
VANCOUVER — A shaft collapse at the Wolverine mine in the Yukon has killed one worker, marking the second death at the mine in the past year.
Mineral exploration in the NWT falls 80% in 2009
Canada’s Northwest Territories seems to be of waning interest to mine-finders, according to a new estimate from Natural Resources Canada (NRCan).
Copper fundamentals strong; Mitsubishi ups stake in Escondida (May 03, 2010)
Three large Japanese companies are investing a total of more than 50 billion yen ($533.9 million) for an additional combined ownership stake of 2.5% in Chile’s Escondida mine, Reuters news agency repo…
Taxes and rumours of taxes
Governments squeezed the golden mining goose a little tighter in two major mining countries over the week.