First Quantum exits DRC on a high note
First Quantum Minerals (FM-T) is putting an end to its troubles in the Democratic Republic of the Congo (DRC) by agreeing to sell its DRC assets and drop any related legal claims for US$1.25 billion.
News
Teck to buy SilverBirch Energy
Teck Resources (TCK-T, TCK-N) is raising its exposure to Alberta’s oilsands with plans to purchase SilverBirch Energy (SBE-V) in a cash and stock deal worth $435 million. The acquisition will give Teck the rest of the Frontier oilsands project…
Haywood honcho Tognetti spends $2.4M on more Mirasol shares
Argentina-focused silver explorer Mirasol Resources (MRZ-V) has received a welcome show of support from its largest shareholder, John Tognetti, who bought $2.4-million worth of shares and warrants as part of a $13.2-million private placement in…
Spot prices
Tuesday, Jan 10, 2012
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 9, 2012 (change from Jan. 3 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$13,250.00/t
Daily metal prices
DateJan 9Jan 6Jan 5Jan 4Jan 3
Canadian gold mutual funds
Fund nameJan. 9Dec. 23ChangeChangeYTDMER*Assets*
TSX short positions
Short positions outstanding at Dec. 31/11 (with changes from Dec. 15/11).
TSX Venture short positions
Short positions outstanding at Dec. 31/11 (with changes from Dec. 15/11).
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
New royalties rattle Gabriel investors
Investors in Gabriel Resources (GBU-T) were hit by post-holiday blues after the Romanian government announced that it would be doubling royalties on gold production in the country.