TSX VENTURE EXCHANGE JUNE 10-16
The S&P-TSX Venture Composite Index fell slowly but surely over the June 10-16 trading session, accumulating a 31.24-point loss to close at 2,636.07. Average daily treading volumes were also down …
Articles by Northern Miner Staff
PEOPLE (June 23, 2008)
African Copper — Christopher Fredericks appointed CEO; Joseph Hamilton has resigned as CEO and a director.
LME WAREHOUSE LEVELS (June 23, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 17, 2008 (change from June 10 in brackets):
Rio Tinto to invest in BRC DiamondCore’s DRC exploration projects
Global mining giant Rio Tinto (RTP-N, RIO-L) currently produces about 16% of the world’s diamonds by volume and 8% by value with its Argyle mine in Australia, Diavik mine in Canada and Murowa mine in …
SPOT PRICES (June 23, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (June 23, 2008)
Antimony: Mid-mkt US$6,400.00/t.
Breaking up the board
Genco Resources’ (GGC-T, GNCC-O) largest shareholder and former director wants to overthrow three of seven company directors in a proxy vote on June 26, claiming that they are overpaid and putting the…
Gold Wheaton: Dream team, dream concept
When the team behind Gold Wheaton first approached David Cohen about the idea of mimicking the wildly successful business model of Silver Wheaton (SLW-T, SLW-N), the former chief executive of Northern…
DAILY METAL PRICES (June 23, 2008)
Date June 16 June 13 June 12 June 11 June 10 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2591/2650 2620/2660 2625/2665 2596/2635 2603/2…
NORTH AMERICAN STOCK EXCHANGE INDICES (June 23, 2008)
52-week Date June 16 June 13 June 12 June 11 June 10 High Low S&P/TSX-Ven Comp 2636.07 2639.40 2634.26 2638.56 2648.94 3341.56 2340.21 TSX Composite 14944.28 14778.46 14602.59 …
First Metals moves on Magusi
First Metals (FMA-T, FSTMF-O) has received permission to develop an underground access ramp to extract a 50,000-tonne bulk sample from its Magusi River zinc-coppergold-silver deposit near Rouyn-Norand…
DIVIDENDS (June 23, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay $0.9367* per share on $3.75* cmltv prf stk on July 1, rec June 13. Hecla Mining will pay $0.875* di…