News

Caterpillar (CAT-N) and Rio Tinto (RTP-N, RIO-L) have signed a five-year agreement wherein Caterpillar will support and supply a broad range of Cat equipment for Rio Tinto’s mines worldwide. It is the…

A new face drilling rig for narrow tunnels and mines has been introduced by Sweden-headquartered Atlas Copco. Based on the Boomer 104, the new Boomer T1 D retains many of its predecessor’s features an…

Lord Strathcona Elementary School is the oldest elementary school in the city of Vancouver, having been built in 1891 to educate the children of mostly immigrant and working-class families.

Astur Gold — Juan Calvo-Sotelo appointed director of communications; Francisco Javier Lopez-Cancio appointed director of community relations.

With the Bank of Canada holding rates at 1%, the TSX composite managed to hold on to much of its recent gains for the Oct. 18-22 period. The index fell a mere 11 points for the week, to 12,641.93.

A dipping gold price helped lead to a mixed week for the S&P-TSX Venture composite index, but three days of gains outpaced two days of losses to have the board end up 55.71 points at 1,878.23.

Leading up to the G-20 weekend meeting of finance ministers, U.S. stocks ended higher for the third straight week at the close of the Oct. 18-22 period. The Dow Jones industrial average added 69.78 po…

COURTESY OF SCOTIABANK

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 25, 2010 (change from Oct. 18 in brackets):

Antimony: Mid-mkt US$10,100/t.

Date Oct. 25 Oct. 22 Oct. 21 Oct. 20 Oct. 19 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2230/2210 2160/2190 2210/2200 2170/2190 2189/21…

*as of Aug. 31/10