News

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 20, 2010 (change from July 13 in brackets):

COURTE SY OF SCOTIABANK

The U.S. Congress may have passed a landmark reform bill to overhaul the country’s financial regulatory system during the July 12-16 trading week, but President Barack Obama still faces a minefield of…

The S&P/TSX Venture composite index remained largely on positive ground over the July 12-16 trading period to end the week up 9.94 points at 1,379.49. Daily trading volumes were also slightly up, …

The TSX composite index fell slightly for the July 16-20 period, ending 20 points lower at 11,580. The fall came as global markets continue to digest debt concerns in Europe and weak employment number…

Asian Mineral Resources — Mark Arnesen and Fook Hoy Lai appointed directors.

With the ink still drying on Foraco International’s (FAR-T) acquisition of Latin American driller Adviser Drilling, the Marseille, Francebased company has shifted its focus to Russia by snapping up a …

SGS Minerals Services has opened a new sample preparation lab in Guerrero, Mexico, to help process the large volume of samples for its full service lab in Durango, Mexico.

While some analysts warn that the Chinese government’s attempts to clip property prices by 30% threatens the demand outlook for metals, underscoring the oversupply of steel and, as a consequence, vuln…

The steel and iron ore industries are forecasted to make a strong recovery in 2010 before leveling out, according to the Trust Fund Project on Iron Ore Information’s latest report.

Huge, low-grade mineral deposits sit on a razor’s edge, able to generate great profits when metals prices are strong but extremely vulnerable to cyclical downturns.

Shares of distressed junior Tagish Lake Gold (TLG-V) soared 50% to 6¢ apiece with 6.39 million shares changing hands on news that China-focused New Pacific Metals (NUX-V) intends to make a friend…