LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 23, 2012 (change from Jan. 16 in brackets):
News
Kinross tumbles on project delays
Kinross Gold (K-T, KGC-N) fell more than 20% after it said it is reviewing its three major advanced gold projects to improve economics, likely causing months of delay and a goodwill write down of the Tasiast gold project in Mauritania.
Producer and dealer prices
Antimony: Mid-mkt US$13,250.00/t
Merger of US Gold, Minera Andes goes ahead
When Rob McEwen first proposed the combination of US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T, MNEAF-O) in June 2011, the chairman, chief executive and largest shareholder of both companies thought the deal easily could be completed by early…
Daily metal prices
DateJan 23Jan 20Jan 19Jan 18Jan 17
Canadian gold mutual funds
Fund nameJan. 23 Jan. 16ChangeChangeYTDMER*Assets*
North American stock exchange indices
DateJan 23Jan 20Jan 19Jan 18Jan 17HighLow
TSX short positions
Short positions outstanding at Jan. 15/12 (with changes from Dec. 31/11).
TSX Venture short positions
Short positions outstanding at Jan. 15/12 (with changes from Dec. 31/11).
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
BHP boosts copper resources at Spence
Resources at BHP Billiton’s (BHP-N) Spence copper mine in northern Chile has grown by nearly 700%, following a four-year, US$30-million brownfield exploration program.
Northern Freegold’s first resource for Revenue finds 3.7M gold equivalent oz.
Northern Freegold Resources (NFR-V) has added significantly to the overall resource at its Freegold Mountain project in Yukon thanks to an initial resource on its Revenue deposit.