SPOT PRICES (May 19, 2008)
COURTESY OF SCOTIABANK Tuesday, May 13, 2008 Precious Metals Price (US$/oz.) Change Gold $877.00 -1.00 Silver $17.08 +0.38 Platinum $2073.00 +143.00 Palladium $439.00 +13.00 Base Metal…
Articles by Northern Miner Staff
DIVIDENDS (May 19, 2008)
Note: Xstrata will pay its pref sh series 3 div of $0.2862 on June 2, rec May 15. Vale will pay $0.52* on common and pr sh to be paid in two installments on Apr 30 and Oct 31. Alcoa will pay $0.9367* …
METALS COMMENTARY (May 19, 2008)
Amid capital market turbulence, the global metals sector has seen a rush of mergers and acquisitions (M&A) and will continue to do so, according to a new report issued by PricewaterhouseCoopers (P…
From Los Alamos to the rock face (May 19, 2008)
A new diamond technology developed at the Los Alamos National Laboratory in New Mexico has promising applications in drilling and cutting tools for the mining industry.
PRODUCER AND DEALER PRICES (May 19, 2008)
Antimony: Mid-mkt US$5,893.33/t.
PEOPLE (May 19, 2008)
Alcoa– Michael Schell appointed VP of business development and law; Klaus Kleinfield appointed president and CEO.
DAILY METAL PRICES (May 19, 2008)
——— LEGEND
Khan bids for Western Prospector
Khan Resources (KRI-T, KHRIF-O) has made an unsolicited bid for Western Prospector Group (WNP-V, WEPGF-O) to consolidate its position in the Saddle Hills district of Mongolia and to cut costs.
Trevali sees future at old Santander mine
VANCOUVER — Late last year, Trevali Resources (ZINC-C, TREVF-O) purchased the past-producing Santander mine in Huaral province, Peru, and along with it, a 1,000- tonne-per-day mill, a 1,000-person ca…
Chinese, DRC gov’ts forge ‘vast Marshall Plan’
A “sign of the times” development highlighted the week in mining ended May 10, the 19th trading week of 2008.
Ignore equipment firms at your peril
Since the last commodity boom 20 years ago, underinvestment in mining equipment in countries such as the United States, Australia and other mature markets is benefiting companies like Joy Global (JOYG…
TSX VENTURE SHORT POSITIONS (May 19, 2008)
Short positions outstanding at Apr. 30/08 (with changes from Apr. 15/08). Largest Short Positions Peak Gold PIK 4256400 -1430500 Copper Creek CPV 2405000 2405000 Westernzagros WZR …