TNM’s 2007 mining persons of the year: Agnico-Eagle’s Boyd and Scherkus
No company better embodies the spirit of Canada’s plucky gold mining sector today than Toronto-based Agnico-Eagle M…
News
First Quantum ups interest in Equinox to 17%
First Quantum Minerals (FM-T, FQM-L) is quietly buying up shares of fellow copper miner Equinox Minerals (EQN-T, EQXMF-O) for “investment purposes,” it says.
LME Warehouse Levels (December 24, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 10, 2007 (change from Dec. 3 in brackets):
Daily Metal Prices (December 24, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices (December 24, 2007)
COURTESY OF SCOTIABANK
Goldcorp building Penasquito bigger, sooner
Vancouver — Goldcorp (G-T, GG-N) is expanding the Penasquito mine in Mexico before it’s even built, announcing a plan to increase mill throughput by 30% and accelerate the project development schedul…
TSX Short Positions (December 24, 2007)
Short positions outstanding at Nov. 30/07 (with changes from Nov. 15/07).
Western Cdn Coal lines up $40M
Vancouver — In urgent need of dollars, Western Canadian Coal (WTN-T, WTN-L) has completed a $40-million financing to avert a cash crunch following its recent quarterly loss of almost $44 million.
Sanatana jumps on kimberlite results (December 24, 2007)
Vancouver — The first results from Sanatana Diamonds’ (STA-V) Dharma kimberlite pipe in the Northwest Territories sparked a storm of trading in the usually quiet junior, boosting its share price 416%…
TSX Venture Short Positions (December 24, 2007)
Short positions outstanding at Nov. 30/07 (with changes from Nov. 15/07).
North American Stock Exchange Indices (December 24, 2007)
Date Dec. 18 Dec. 17 Dec. 14 Dec. 13 Dec. 12 High Low S&P/TSX-Ven Comp 2595.28 n/a n/a n/a n/a n/a n/a TSX Composite 13358.07 13387.11 13674.23 13747.25 13809.38 14646.82…
GFMS: silver to rise in 2008
METALS COMMENTARY