U. S. MARKETS – OCT. 21-27
U. S. markets continued their descent during the Oct. 21-27 trading session, with the market anticipating a global recession weighing on corporate profits. The Dow Jones Industrial Average lost 1,090 …
Articles by Northern Miner Staff
TORONTO STOCK EXCHANGE – OCT. 21-27
Heavy losses in the mining sector weighed down the S&P-TSX Composite Index over the Oct. 21-27 trading period. Any signs that the worst had passed were quickly erased as the index plummeted 16.7% …
TSX VENTURE EXCHANGE – OCT. 21-27
The Oct. 21-27 trading session was another tough week for the S&P-TSX Venture Composite Index. The junior board lost 175.95 points to end the week at just 808.99 points. The Venture board hadn’t b…
LME WAREHOUSE LEVELS (November 03, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 28, 2008 (change from Oct. 21 in brackets):
SPOT PRICES (November 03, 2008)
COURTESY OF SCOTIABANK
Rubicon drills more high-grade under Red Lake
Rubicon Minerals (RMX-T, RBY-x) has cut 2.2 metres grading 42 grams gold per tonne starting at 880 metres depth on its Phoenix project, in Ontario’s Red Lake district.
Augusta advances Rosemont copper project (November 03, 2008)
Augusta Resource (AZC-T, AZC-x) has improved metallurgy and discovered a new mixed oxide-sulphide zone at its Rosemont open-pit copper-molybdenum-silver project in southern Arizona.
PRODUCER AND DEALER PRICES (November 03, 2008)
Antimony: Mid-mkt US$6,383.33/t.
DAILY METAL PRICES (November 03, 2008)
Date Oct. 27 Oct. 24 Oct. 23 Oct. 22 Oct. 21 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1360/1410 1350/1400 1505/1551 1505/1565 1591/1…
LENDING RATES (November 03, 2008)
as of 9 a. m. ET, Oct. 28, 2008 (%) Bank of Canada 2.75 Target overnight rate 2.25 Canadian Prime 4.25 U. S. Discount Primary 1.75 U. S. Fed Funds market rate 1.50 U. S. Prime …
EXCHANGE RATES (November 03, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct. 27 Oct. 24 Oct. 23 Oct. 22 Oct. 21 US$ in C$ 1.2930 1.2732 1.2573 1.2499 1.2202 C$ in US$ 0.7734 0.7854 0.7954 0.8001 0…
INTERNATIONAL QUOTES (November 03, 2008)
Australia (A$) Oct 28 Oct 21 Change Bendigo Mining 0.11 0.13 -0.02 Kingsgate Cons. 2.31 3.51 -1.20 Lion Selection Ltd 1.20 1.30 -0.10 Newcrest Mining 17.71 22.37 -4.66 …