U.S. MARKETS -NOVEMBER 8-12
Markets finished the week with a sharp pullback as European debt fears and China inflation worries spooked investors. The Dow Jones industrial average tumbled 251.5 points, to close the Nov. 8-12 trad…
Volume 96 Number 39 - Nov 15 - 21, 2010
SPOT PRICES (November 22, 2010)
COURTE SY OF SCOTIABANK
LME WAREHOUSE LEVELS (November 22, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 15, 2010 (change from Nov. 8 in brackets):
DAILY METAL PRICES (November 22, 2010)
Date Nov. 15 Nov. 12 Nov. 11 Nov. 10 Nov. 9 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2240/2215 2220/2195 2260/2235 2230/2205 2245/222…
Champion posts PEA for Fire Lake North iron
VANCOUVER — Champion Minerals (CHM-T) has released a positive preliminary economic assessment (PEA) on its Fire Lake North iron project in northeastern Quebec.
Ventana produces La Bodega resource, scoping study
VANCOUVER — Two and a half years ago Ventana Gold’s (VEN-T) first hole into the La Bodega gold project in Colombia returned 107 metres grading 7.81 grams gold per tonne. Now, 266 drill holes later, L…
ArcelorMittal offers $433M for Baffinland
VANCOUVER — ArcelorMittal (MT-N) has bested an unsolicited private equity bid for Baffinland Iron Mines (BIM-T) by 38% and has secured the support of Baffinland’s board of directors.
EXCHANGE RATES (November 22, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 15 Nov 12 Nov 11 Nov 10 Nov 9 US$ in C$ 1.0065 1.0080 Holiday 1.0017 1.0013 C$ in US$ 0.9935 0.9921 Holiday 0.9983 0.998…
INTERNATIONAL QUOTES (November 22, 2010)
Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 4.56 -0.06 Iluka …
LENDING RATES (November 22, 2010)
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
DIVIDENDS (November 22, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.9375* div on it $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…
TSX VENTURE SHORT POSITIONS (November 22, 2010)
Short positions outstanding at Oct. 31/10 (with changes from Oct. 15/10).