LME Warehouse Levels (June 08, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 2, 2009 (change from May 27 in brackets):
News
TSX Venture Exchange – May 26 -June 1
Buoyed by climbing metal prices, from May 26 to June 1 the S&P/TSX Venture Composite Index had one of its strongest weeks since the onset of the global financial downturn. The index gained 44 poin…
Toronto Stock Exchange – May 26 -June 1
The S&P/TSX composite index continued its strong run, gaining nearly 100 points for the May 26-June 1 reporting period. The index’s strength was bolstered by the financial sector, where quarterly …
U.S. Markets – May 26 -June 1
The most important economic event south of the border during the May 26-June 1 reporting period was the momentous bankruptcy of General Motors. Analysts have been expecting this for some time, and a n…
Who Says There’s A Credit Freeze For Miners?
The shell shock from the financial crisis has many miners thinking debt financing is a shattered dream. But at least one banker says that may not be the case.
Suppliers News (June 08, 2009)
ABB Lands $28M Order With Terrane
Correction (June 08, 2009)
On Page 3 of our 100th Anniversary of the Porcupine Camp commemorative magazine, we incorrectly identified Jules Timmins (1889-1971) as the brother of Noah Timmins (1867-1936). Jules was in fact the s…
Uranium Zero?
Uranium One’s share-price collapse due to political intrigue in Kazakhstan made it the most visible miner in the broader markets during 21st trading week of the year. The implosion drew extra attentio…
EDC: Positive Signs For Canadian Exporters
In 2008, Export Development Canada (EDC) undertook the most business in its corporate history, and the business we facilitated helped support well over half a million jobs in Canada.
Zazu Sizes Up Zinc-Lead-Silver Deposit
VANCOUVER — Is 4.6 billion lbs. of zinc enough for you?
Updated Resource For Gahcho Ku
The Gahcho Ku diamond deposit, in Canada’s Northwest Territories, has an indicated resource of 50.5 million carats and an inferred resource of 10.3 million carats, Mountain Province Diamonds (MPV-T, …
Royal Gold Builds Reserves
At the end of 2008, Royal Gold (RGL-T, RGLD-Q) had royalty interests on 30% more gold and 16% more silver than the year before.