Pelangio ready to ramp up in Ghana
With its reputation already established via its stake in the Detour Lake gold project in northern Ontario, Pelangio…
News
Kinbauri drilling returns 19.6 grams gold over 26.7 metres
The latest assays from Kinbauri Gold’s (KNB-V) infill drill program at the El Valle mine in Spain show high-grade m…
More silver in Bolivia for South American Silver
More results from South American Silver’s (SAC-T) Malku Khota project in Bolivia helped strengthen the company’s sh…
Higher input costs will start to squeeze margins, Citigroup says
Despite rising costs, mining companies will still be able to deliver “sustainably higher” earnings before tax and d…
The commodity supercycle: myth or reality? Part 9
Eric Sprott is firmly in the bullish camp. Sprott is CEO of Sprott Inc. (SII-T), chairman of Sprott Resource Corp. …
TSX SHORT POSITIONS (May 19, 2008)
Short positions outstanding at Apr. 30/08 (with changes from Apr. 15/08). Largest Short Positions Yamana Gold YRI 29175691 3056885 Equinox Min EQN 25908975 7579497 Lundin Mining LU…
LENDING RATES (May 19, 2008)
as of 9 a. m. ET, May 13, 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…
Equinox poised to produce uranium by 2010 (May 19, 2008)
VANCOUVER — A positive feasibility study has given Equinox Minerals (EQN-T, EQMIF-O) the confidence it needed to add a uranium recovery facility to its production- ready Lumwana copper in Zambia.
U. S. MARKETS MAY 6-12
U. S. stock indexes were mixed during the May 6-12 trading session. The Dow Jones Industrial Average fell 93 points, or 0.7%, to 12,876. The Standard and Poor’s 500 Index declined 4 points, or 0.2%, t…
TORONTO STOCK EXCHANGE MAY 6-12
The TSX Composite Index was just shy of reaching last summer’s record high over the May 6-12 trading period. The benchmark was up 2.7% to 14,666.07 as materials and energy producers benefited from sur…
TSX VENTURE EXCHANGE MAY 6-12
For the first time since February, the S&PTSX Venture Composite Index posted gains for five consecutive days over the May 6-12 trading session. The gains combined to boost the index 82.35 points o…
LME WAREHOUSE LEVELS (May 19, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 13, 2008 (change from May 6 in brackets): Aluminium Alloy 36840 (+420) Aluminium 1033800 (-2525) Copper 1217…