As alternative investment platforms continue to take business from traditional stock exchanges, the London Stock Exchange Group (LSE-L) and TMX Group (X-T) are looking to stem the tide by creating their own global trading juggernaut.
Just three years after acquiring the Haile deposit in South Carolina, Romarco Minerals (R-T) has completed a positive feasibility study that demonstrates the project would have one of the lowest operating costs and highest grades of any…
Cliffs Natural Resources (CLF-N) is warning that high electricity rates in Ontario are forcing it to widen its search for a location to build a proposed ferrochrome production facility that will use a closed electric arc furnace to treat ore…
U.S. politics veered into the surreal in mid-February, as U.S. President Barack Obama unveiled a deficit-laden, US$3.73-trillion budget proposal for fiscal 2012 that completely ducks the critical issue of unsustainable spending by the U.S….
The following was released by the Brussels-based World Steel Association.
Brazil’s recently elected government has signaled that it won’t be business as usual when it comes to mining iron ore in the South American country.
TMX buys 50% of MinesOnline
Brigus Gold – Melvyn Williams retired as senior VP and CFO; Dana Hatfield appointed CFO.
Toronto Stock Exchange
Tuesday, Feb. 8, 2011 Precious MetalsPrice (US$/oz.)Change Gold $1372.25+18.25 Silver $30.72+1.30 Platinum $1840.00-13.00 Palladium $837.00+9.00 Base MetalsPrice (US$/tonne)Change Nickel $28827.00-45.00 Lead $2640.50+1.00 Copper $10066.25-93.75 Zinc $2517.00-4.00
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 14, 2011 (change from Feb. 7 in brackets):
Antimony: Mid-mkt US$13,700/t
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