SPOT PRICES (November 17, 2008)
Monday, Nov. 10, 2008 Precious Metals Price (US$/oz.) Change Gold $751.75 +17.75 Silver $10.31 +0.36 Platinum $875.00 +51.00 Palladium $228.00 +25.00 Base Metals Price (US$/lb.) Change…
Articles by Northern Miner Staff
PRODUCER AND DEALER PRICES (November 17, 2008)
Antimony: Mid-mkt US$6,216.66 /t.
Monument to build Selinsing
Vancouver — Monument Mining (MMY-V, MMTMF-o) is building a mine at its Selinsing gold project, about 100 km north of Kuala Lumpur, Malaysia.
Avanti puts US$424M price tag on Kitsault
Vancouver — To take a crack at reopening the Kitsault molybdenum mine, 140 km northwest of Prince Rupert, B. C., Avanti Mining (AVT-C, AVNMF-o) will have to shell out about US$424 million in capital …
DAILY METAL PRICES (November 17, 2008)
Date Nov. 10 Nov. 7 Nov. 6 Nov. 5 Nov. 4 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1445/1490 1400.50/1460 1375/1421 1440/1490 1412/14…
NORTH AMERICAN STOCK EXCHANGE INDICES (November 17, 2008)
52-week Date Nov. 10 Nov. 7 Nov. 6 Nov. 5 Nov. 4 High Low S&P/TSX-Ven Comp 914.02 921.88 920.13 951.42 975.27 3048.54 800.57 TSX Composite 9688.80 9596.21 9555.41 9887.20 1…
Hana hits more copper at Ghanzi (November 17, 2008)
Vancouver — Hana Mining has (HMG-v) quadrupled the strike length of Zone 2 at its Ghanzi copper project, in northwestern Botswana, to 2 km. The zone is one of six Hana has targeted on the 4,370-sq.-k…
TSX SHORT POSITIONS (November 17, 2008)
Short positions outstanding at Oct. 31/08 (with changes from Oct. 15/08).
Potash One looks at solution mining in Saskatchewan
Vancouver — On the heels of an oversubscribed $10.4-million financing, Potash One (KCL-T, KCLOF-o) is starting prefeasibility work on the Legacy potash project in Saskatchewan, where it hopes to soon…
China’s GDP growth slows to a simmer
As chief economist for non-Japan Asia at Credit Suisse First Boston in Hong Kong and a former senior regional economist and head of China research at Schroders Securities Asia, Dong Tao is probably on…
CANADIAN GOLD MUTUAL FUNDS (November 17, 2008)
as of Sept. 31/08
Thompson Creek boasts stellar Q3
A sudden drop in molybdenum demand over the last few weeks has prompted Thompson Creek Metals (TCM-T, TC-n) to batten down the hatches.