Commentary: The Human Disaster In Nunavut
As Canada’s Nunavut territory approaches its tenth anniversary on April 1, we should look at the mismatch between resource investment and the Inuit human capital, and consider these points:
News
West Africans Ask Miners For More Training, Transparency
Mines ministers from West Africa say foreign mining companies need to become more transparent, help more with infrastructure development and provide more training to local people.
LME Warehouse Levels (March 16, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar. 10, 2009 (change from Mar. 3 in brackets):
Spot Prices (March 16, 2009)
COURTESY OF SCOTIABANK
Hawk Quits Noront JV On Disappointing Results
Ho-hum exploration results in the “Ring of Fire” in the McFaulds Lake area of northern Ontario have forced Hawk Uranium (HUI-V, HWKPF-O) to bow out of its joint-venture option agreement with Noront Re…
Nagging Court Case Over For Farallon
Farallon Resources (FAN-T, FRLLF-O) is generating positive news despite being a base metal producer in a slumping metals market.
Producer And Dealer Prices (March 16, 2009)
Antimony: Mid-mkt US$4,350/t.
Daily Metal Prices (March 16, 2009)
Date Mar. 9 Mar. 6 Mar. 5 Mar. 4 Mar. 3 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1170/1200 1160/1190 1141/1175 1150/1170 1135/1170 A…
North American Stock Exchange Indices (March 16, 2009)
52-week Date Mar. 9 Mar. 6 Mar. 5 Mar. 4 Mar. 3 High Low S&P/TSX-Ven Comp 814.19 829.12 829.69 830.95 824.07 2735.30 678.62 TSX Composite 7566.94 7591.47 7629.17 7814.75 7631.62…
TSX Venture Exchange Rights & Warrants (March 16, 2009)
Atlas Minerals (AMR. WT. A)– Wt buys sh @ $0.60 to Dec 31/09.
U. S. Markets – March 3-9
In a CNBC television interview on March 9, Warren Buffet said the U. S. economy had “fallen off a cliff” and argued Washington needed to wage an “economic war” to fix it and restore confidence in the …
Oyu Tolgoi Agreement Makes Headway In Mongolia
Ivanhoe Mines (IVN-T, IVN-Q) says that Mongolia’s cabinet has completed its second review of the draft investment agreement for the massive Oyu Tolgoi project and has said it will present the draft to…