When Phil Wright recently lashed out against Equinox Minerals’ (EQN-T, EQN-A) hostile takeover bid for Lundin Mining (LUN-T) in a conference call, the chief executive cited the shortage of Zambian smelting capacity as yet another project risk…
While most Western miners cringe at the thought of investing in mineral projects in Russia, Kinross Gold continues to be an exception to the rule.
The following is an excerpt from Michael Barnes’ new book: Gold in Kirkland Lake, published by General Store Publishing House, and available for $29.95 at www.gsph.com. Contact the author at www.barnes4books.com.
China’s Ministry of Finance and State Administration for Taxation will start levying a higher tax on rare earth elements (REE) mined in the country come April 1.
Argentex Mining – Peter Ball appointed executive VP of corporate development.
Toronto Stock Exchange
Tuesday, Mar. 29, 2011
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar. 28, 2011 (change from Mar. 21 in brackets):
Daily Metal Prices
Fund name Mar. 28 Mar. 21ChangeChangeYTDMER*Assets*
52-week
Short positions outstanding at Mar. 15/11 (with changes from Feb. 28/11).
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