LME Warehouse Levels (January 05, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 23, 2008 (change from Dec. 16 in brackets):
News
TSX Venture Exchange Dec. 19-22
Over the trading session covering Dec. 19-22, the S&P/TSX Venture composite index lost 8.43 points to close at 692.02. Daily trading volumes were good, averaging out to 109 million.
Toronto Stock Exchange Dec. 19-22
Over the abbreviated Dec. 19-22 trading session, it looked like Santa Claus wouldn’t be coming to the Toronto Stock Exchange this year. The S&P/TSX composite index fell 175.82 points, or 2.1%, to …
U. S. Markets Dec. 19-22
U. S. stock markets drifted down during the shortened Dec. 19-22 trading session. The Dow Jones Industrial Average fell 85 points, or 1%, to 8,520; the S&P 500 index lost 14 points, or 1.5%, to 87…
People (January 05, 2009)
Atna Resources — David Watkins appointed executive chairman and has stepped down as CEO; James Hesketh appointed CEO and remains president.
Commentary: OMA Makes Suggestions For Provincial Budget
The following is the second part of an open letter to The Honourable Dwight Duncan, Ontario’s minister of finance, from Chris Hodgson, president of the Ontario Mining Association, outlining the OMA’s …
Luna Ends Drilling On Strong Note
Luna Gold (LGC-V, LGCU-O) struck some promising results at its Cachoeira gold project in northeastern Brazil as it wrapped up its drill program for the year.
Editorial: A Year Of Swan Dives And Belly Flops
It was remarkable year for the mining industry, as we witnessed a commodities boom in the first quarter turn into a bust by the fourth, all against the backdrop of a steadily worsening global financia…
Taseko Grows Gibraltar’s Copper And Moly Reserves
Vancouver — On the heels of a second expansion at the Gibraltar copper-molybdenum mine in central British Columbia, Taseko Mines (TKO-T, TGB-X) has boosted reserves at the mine by almost 30%.
Jaguar Mining Finds Fair Weather In Brazil
SITE VISIT Belo Horizonte, Minas Gerais, Brazil–At a time when more than one mining company is struggling to stay afloat, Jaguar Mining (JAG-T) is a…
Aggregates And Obama’s Plan: JP Morgan Says Tread Lightly
Vancouver– U. S. President-elect Barack Obama’s talk of massive new infrastructure spending as one response to an expected recession has some investors excited about stronger demand for aggregates. M…
Chinese Investment A Lifeline For Australian Miners
Perth, Western Australia– Consider the Australian mining scene of six months ago — a chronic shortage of professional and skilled workers, high wages, headhunters wallowing in fees, long waiting lis…