LME Warehouse Levels (September 08, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 1, 2008 (change from August 26 in brackets):
News
Red Hill expands Ulaan Ovoo pit
Red Hill Energy (RH-V, RHFFF-O) is combining a bulk-sample program with an open-pit expansion program at its Ulaan Ovoo coal project in Mongolia.
TSX SHORT POSITIONS (September 08, 2008)
Short positions outstanding at Aug. 15/08 (with changes from Jul. 31/08).
Lending Rates (September 08, 2008)
as of 9 a. m. ET, Aug 19, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime 5…
Spur Ventures digs in to ride the dragon
Spur Ventures’ (SVU-T, SPVEF-O) Chinese odyssey began in 1996, when the company’s mining-focused founders saw potential in some rock phosphate mines in the country.
Spot Prices (September 08, 2008)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (September 08, 2008)
Antimony: Mid-mkt US$6,466.00/t.
Entre Gold discovers coal in Mongolia
Entre Gold (ETG-T, EGI-X) may be exploring for gold and copper on the resource-rich steppes of Mongolia but as luck would have it, the Canadian junior has also stumbled across some coal within 5 km o…
Continental Minerals: one step closer at Xietongmen
VANCOUVER — The Chinese government has approved Continental Minerals’ (KMK-V, KMKCF-O) land reclamation report — the final of seven completed — for its Xietongmen project in Tibet, about 50 km from…
Follow the money: Inter-Citic has backers equal to none and big dreams for Dachang
When two extremely prominent, high net-worth Chinese families back a Canadian junior mining company, people should probably sit up and take notice.
CANADIAN GOLD MUTUAL FUNDS (September 08, 2008)
as of Aug. 25/08
Rubicon rises on Phoenix gold results
VANCOUVER — Another set of bonanza intercepts from the Phoenix gold project in Red Lake, Ont., added 38% to Rubicon Minerals’ (RMX-T, RBY-X) share price over three days of trading.