CANADIAN GOLD MUTUAL FUNDS (May 31, 2010)
Featured Fund: AGF Precious Metals (US$) as of 08/31/09 (in weighted order): Goldcorp, Kinross Gold, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, Inmet Mining, Eldorado Gold, Randgold, Osisko …
Volume 96 Number 15 - May 31 - June 6, 2010
DAILY METAL PRICES (May 31, 2010)
Date May 24 May 21 May 20 May 19 May 18 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 1887/1910 1861/1900 1835/1860 1870/1890 1836/1860 Al…
PRODUCER AND DEALER PRICES (May 31, 2010)
Antimony: Mid-mkt US$9,366.66/t.
LME WAREHOUSE LEVELS (May 31, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 25, 2010 (change from May 18 in brackets):
Teck goes ahead with Aqqaluk (May 31, 2010)
VANCOUVER –After months of uncertainty, Teck Resources (TCK. B-T, TCK-N) has said it will develop the Aqqaluk deposit at its Red Dog zinc mine in northwestern Alaska.
U.S. MARKETS -May 18-24
Investors bailed out of the markets as worries escalated about Europe’s evolving debt crisis and tensions rose between North and South Korea. The Bank of Spain’s move over the weekend to seize regiona…
TSX VENTURE EXCHANGE -May 18-21
The S&P/TSX Venture composite index fell again during the shortened May 18 to 21 trading period, losing 132.87 points in three days before recovering with a 31.58-point gain on the last day to clo…
TORONTO STOCK EXCHANGE -May 18-21
Continued worries over the euro zone banking sector combined with rising tensions on the Korean peninsula had a negative impact on the TSX composite index as it fell nearly 500 points to finish the ho…
PEOPLE (May 31, 2010)
Abacus Mining & Exploration — James Excell appointed a director.
Platinum Partners looking for buyer for bankrupted Firstgold’s assets (May 31, 2010)
When U.S. President Barack Obama’s administration threatened to block the sale of 51% of Firstgold Corp. (FGD-T, FGOC-O) to China’s state-owned Northwest Nonferrous International Investment Company la…
Industry donates $11M to BC Museum of Mining
VANCOUVER –The mining industry in British Columbia is constantly fighting an image battle, trying to convince the wider public that the industry’s environmental practices have improved dramatically i…
Western Copper denial justified
In regards to the article “Western Copper permit denial casts shadow on Yukon permitting process” ( T. N. M., May 24-30/10), the record needs to be set straight.