DAILY METAL PRICES (May 12, 2008)
Date May 5 May 2 May 1 April 30 April 29 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 2610/2640 2645/2680 2695/2725 …
Articles by Northern Miner Staff
High costs leach revenues at Endeavour Silver (May 12, 2008)
Endeavour Silver (EDR-T, EXK-X) posted record production and revenue last year, but escalating cash costs and a US$1.3-million write down from soured investments in asset-backed commercial paper, ate …
Record quarterly revenue for Metallica
It looks like Metallica Resources (MR-T, MRB-X) is on a roll. Fast on the heels of its planned merger with New Gold (NGD-T, NGD-X) and Peak Gold( PIK-V, PIKGF-O), the Denver-based gold and silver prod…
U. S. MARKETS APR. 29-MAY 5
Stock markets in the U. S. advanced during the April 29 -May 5 trading session. The Dow Jones Industrial Average climbed 98 points, or 0.8%, to 12970; the Standard & Poor’s 500 index rose 11 point…
TORONTO STOCK EXCHANGE APR. 29-MAY 5
April finished off as the best month since January 2006 for TSX Composite Index, which rose 1.3% over the April 29-May 5 trading period. The benchmark gained 188.49 points over the period, rising to 1…
TSX VENTURE EXCHANGE APR. 29-MAY 5
VANCOUVER –The S&P-TSX Venture Composite Index managed a small gain over the April 29 to May 5 trading session, gaining 10.59 points to close at 2493.76. Daily trading volumes also crept up an av…
Gold Reserve feels the sting of rejection
Gold Reserve (GRZ-T, GRZ-X) has lost its status as a “company that could” in Venezuela.
Chavez gov’t denies Crystallex key permit at Las Cristinas
VANCOUVER — Crystallex International (KRY-T, KRY-X) had been jumping through every hoop in its path at the Las Cristinas gold project in eastern Venezuela.
Dispute threatens more delays for Petaquilla
VANCOUVER–The Petaquilla project in north-central Panama has long been described as one of the largest undeveloped copper deposits in the world. A dispute between proposed partners Teck Cominco (TCK-…
KRY shareholders left in tears
Another week. . . another Third World government grabbing prized mineral assets from North American mining companies.
Copper drives Teck Cominco’s Q1 earnings
VANCOUVER — A higher Canadian dollar and lower coal and zinc prices trimmed the net earnings of Teck Cominco (TCK. B-T, TCK-N) in the first quarter of 2008, despite improved copper prices and the str…
Credit Suisse: are copper prices set to spike?
Continuing unrest at copper mines in Chile coupled with low global stocks and supply disruptions in other major copper producing countries have prompted Credit Suisse to raise its copper price forecas…