News that Newmont Mining’s (NMC-T, NEM-N) Boddington operation in Western Australia has achieved commercial production and that it is making headway in Indonesia, helped push the gold major’s shares t…
Canada’s mining industry spent a rare week under the national media’s heat lamps, as many reporters rallied to support the anti-mining Bill C-300, which is sponsored by backbench federal Liberal membe…
A 4.4% decline in net global platinum demand and a 3.8% fall in net global palladium is expected in 2009, according to the latest market survey by metals specialists Johnson Matthey.
High costs due to the strong rand are partly responsible for Harmony Gold’s (HMY-N, HRM-L) decision to shut down several of its mines, says the company’s chief executive, Graham Briggs, South Africa’s…
VANCOUVER– The Association for Mineral Exploration in British Columbia (AME BC) has announced the winners of its 2009 awards, which are presented annually to individuals or teams who have made signif…
U. S. markets reeled after word came out of Dubai that some of its state-run conglomerates had to delay massive debt repayments. And while markets bounced back after a mid-period selloff that followed…
Reports that Dubai was seeking to restructure its debt had a ripple effect across the world over the Nov. 23-30 reporting period.
After making aggressive gains for much of November, the S&P/TSX Venture Composite index ended the month off with a bit of breather. For the Nov. 24-30 trading period, the Venture board lost a sobe…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, December 1, 2009 (change from Nov. 24 in brackets):
COURTESY OF SCOTIABANK
Short positions outstanding at Nov. 15/09 (with changes from Oct. 31/09).
Note:Alcoa will pay US93.75 cents per share on its US$3.75 cmltv prf stk payable Jan 1, record close Dec 11. Freeport Mc- MoRan Copper & Gold will pay $0.60* div with the first payment of $0.15* p…
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