U.S. Markets August 28-31
The U.S. markets were finally given some good news last week following the worst global credit and liquidity squeeze in a decade. Wall Street stocks surged on Friday, Aug. 31, after President George W…
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LME Warehouse Levels (September 10, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sep. 3, 2007 (change from Aug. 27 in brackets):
Sunridge Rides Asmara Results
Drill results from the Asmara project in Eritrea gave Sunridge Gold (SGC-V, SGCNF-O) a rest from the recent drubbing commodity stocks have taken on the venture market.
DRC Plays Politics With Camec Licence
Only two days after launching an all-share bid to take over Katanga Mining (KAT-T, KATFF-O), Central African Mining & Exploration Co.’s (CEAMF-O, CFM-L) shares plummeted on news that one of its op…
Consolidated Bid Gets Complicated
A third bidder has emerged for Australian alloy-metals producer Consolidated Minerals (CSMBF-O, CNM-L, CSM-A), jumping a bid increase by friendly bidding group Pallinghurst Investor.
Mansfield, Antares Pumped on Rio Grande Potential
SITE VISIT Salta province, Argentina — Based on the sheer size of the mineralized system, joint-venture partners Mansfield Minerals (MDR-V, MFMNF-O) and Antares Minerals (ANM-V, ANMFF-O) are keen on the…
Tagish Says Skukum Creek Still on Track
SITE VISIT Whitehorse, Yukon — Tagish Lake Gold (TLG-V) has been working away in the Skukum mineral district for seven years, gradually outlining the resources at Skukum Creek and moving…
Cameco Takes $120M Loss on New Kumtor Agreement
The Kyrgyz government plans to nearly double its stake in Centerra Gold (CG-T, CAGDF-O), the operator of the Kumtor gold mine, to 29.3% after months of negotiations with the company and its 53%-owner …
Editorial: Southwestern Heads South With Rest of Market
Miners and their investors endured another period of pain in the week ended Sept. 1, the 35th trading week of 2007, as the mining sector gasped its way through its third straight week of market-cap co…
QGX Likes Baruun Naran Economics
Vancouver — QGX (QGX-T, QGXLF-O) has commissioned a prefeasibility study on its Baruun Naran coal deposit, in the Gobi region of southern Mongolia, following a major resource boost and a positive pre…
Toronto Stock Exchange August 28-31
Even though they suffered through their worst drop in three weeks on Aug. 28, Toronto stocks came out of the reporting period Aug. 28-31 with a gain of just over 1%. The TSX Composite Index gained 173…
TSX Venture Exchange August 28-31
The S&P-TSX Venture Composite Index eked out a modest gain of 15.13 points over the holiday-shortened Aug. 28-31 trading session to close at 2,647.81. Average daily trading volumes continued to re…