Choice Spot, Tough Decision For Geologix
SITE VISIT Durango, Mexico — Geologix Explorations (GIX-T, GXEXF-o) is positioned on top of what could be Mexico’s next great polymetallic mine. Just an 85-km drive along a paved highway…
News
Second Time’s The Charm At Boyongan
Vancouver–The Boyongan copper- gold project’s second prefeasibility study this year has come to a different conclusion than the first.
Persian Gulf Region, India To Cushion Copper’s Fall
Vancouver — It’s hard to believe given the bleak numbers the International Copper Study Group (ICSG) is forecasting for 2009 copper use in the four major copper-using regions — Japan, China, North A…
Denison Slides On Midwest Deferral
Vancouver — Investors drove Denison Mines’ (DML-T, DNN-x) share price down 24% after the company announced plans to shut down the Tony M uranium mine in Utah and shelve development plans for the Midw…
Agnico Bewitched By Kittila
SITE VISIT Kittila, Finland — Finnish legend tells of a powerful witch named Paivio who lived in far northern Finland with the primeval Finnish shamans, famous for their magic. One…
Lme Warehouse Levels (December 08, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 02, 2008 (change from Nov. 25 in brackets):
Spot Prices (December 08, 2008)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (December 08, 2008)
Antimony: Mid-mkt US$5,700 /t.
Uranium Price Will Rebound: Analysts
Despite the negative outlook for many other commodities, many analysts now forecast that uranium prices will go up in the medium-to longterm due to strong fundamentals: expanding demand from more reac…
On The Greenback, Gold And Global Growth
Global economic growth will be weak next year and commodity prices will remain under severe pressure. The consensus among many in the mining industry seems to be that metal prices won’t recover until …
Diamonds In For A Rough Ride, But Future’s Still Brilliant
Saskatoon, Sask. — As diamond producers and explorers alike consider the global financial situation, they know they are in for a rough ride. However, even before the financial crisis hit, most in the…
Daily Metal Prices (December 08, 2008)
Date Dec. 1 Nov. 28 Nov. 27 Nov. 26 Nov. 25 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1280/1340 1285/1330 1300.50/1331 1310/1351 1301…