Editorial: Teck teeters, Apex falls
Falling commodity prices took deep bites out of another group of zinc miners during the week ended Nov. 15, the 46th trading week of 2008.
Articles by Northern Miner Staff
PRODUCER AND DEALER PRICES (November 24, 2008)
Antimony: Mid-mkt US$5,800 /t.
DAILY METAL PRICES (November 24, 2008)
Date Nov. 17 Nov. 14 Nov. 13 Nov. 12 Nov. 11 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1352/1415 1371/1420 1370/1411 1360/1400.50 141…
Apoquindo copper chiefs see near-term production
SITE VISIT Antofagasta, Chile — The word apoquindo means “meeting of the chiefs.” It’s an appropriate name for a company chaired by the former head of the world’s biggest copper…
Colossus Minerals digs in at Serra Pelada
SITE VISIT Carajas, Brazil — Old photographs of the most spectacular gold rush in recent history show tens of thousands of artisanal miners called garimpeiros clawing away at the mud…
Apex Silver Forced Into Fire Sale Of San Cristobal
Apex Silver Mines (SIL-x) has been forced to sell its 65% stake in the massive San Cristobal zinc and silver mine to its minority partner, Japan-based Sumitomo Corp. (SSUMY-o) for US$22.5 million.
NORTH AMERICAN STOCK EXCHANGE INDICES (November 24, 2008)
52-week Date Nov. 17 Nov. 14 Nov. 13 Nov. 12 Nov. 11 High Low S&P/TSX-Ven Comp 785.79 801.61 813.59 822.50 872.33 2941.52 783.64 TSX Composite 8795.45 9055.96 9352.78 8922.57…
TSX VENTURE SHORT POSITIONS (November 24, 2008)
Short positions outstanding at Oct. 31/08 (with changes from Oct. 15/08).
Geologix grows San Agustin
Vancouver–A new resource estimate for the San Agustin polymetallic property in Durango, Mexico, has doubled the project’s indicated resource and added 74% to its inferred count for owner Geologix Exp…
TSX SHORT POSITIONS (November 24, 2008)
Short positions outstanding at Oct. 31/08 (with changes from Oct. 15/08).
CANADIAN GOLD MUTUAL FUNDS (November 24, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
U. S. MARKETS – NOVEMBER 11-17
Indexes were down across the board during the Nov. 11-17 trading session. The Dow Jones Industrial Average fell 5.1% or 420.38 points to 8,273.58, while the S&P 500 Index dropped 48.2 points, or 5…