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Moneta Porcupine de-risks Golden Highway
Moneta Porcupine Mines (ME-T, MPUCF-O) and its Golden Highway gold project in northern Ontario could start generating some attention from gold producers interested acquiring a bulk-tonnage deposit in Canada, the junior’s management says.
Spot prices
Tuesday, Nov 15, 2011
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 14, 2011 (change from Nov. 7 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$13,750.00/t
Daily metal prices
DateNov 14Nov 11Nov 10Nov 9Nov 8
Canadian gold mutual funds
Fund name Nov. 21 Nov. 14ChangeChangeYTDMER*Assets*
TSX short positions
Short positions outstanding at Nov. 15/11 (with changes from Oct. 31/11).
TSX Venture short positions
Short positions outstanding at Nov. 15/11 (with changes from Oct. 31/11).
Thumbs-up for Stornoway’s Renard project
Stornoway Diamond (SWY-T) has completed a feasibility study of its wholly owned Renard diamond project in Quebec’s Otish Mountains region that shows potential for a robust, long-life operation, albeit at higher capital costs than expected.
Analysts question Iberian’s move
Iberian Minerals (IZN-V) has agreed to allow Trafigura Beheer, its largest shareholder, to acquire all of its shares that it doesn’t already own for $1.10 apiece in cash, causing some analysts to question the bid.
Buchans Minerals revives historic mine
The old Buchans mine headframe still stands tall at the end of Main Street in this small Newfoundland town. The structure is a constant reminder for the 750 or so residents that the town’s history is inextricably linked to mining.