TORONTO STOCK EXCHANGE MARCH 18-24
The holiday-shortened Mar. 18-24 trading period saw a slight rebound in the TSX Composite Index as it gained 67.57 points to 13,019.72.
Articles by Northern Miner Staff
LME WAREHOUSE LEVELS (March 31, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 25, 2008 (change from March 11 in brackets):
Study shows Pumpkin Hollow economic
A preliminary economic assessment of Nevada Copper’s (NCU-T) 100%-owned Pumpkin Hollow copper property southeast of Reno, in Nevada, predicts an internal rate of return of between 20.5% and 29.3%, the…
PRODUCER AND DEALER PRICES (March 31, 2008)
Antimony: Mid-mkt US$5,800/t. Bismuth: Mid-mkt US$16.25/lb. Cadmium: Mid-mkt US$4.05/lb. Coal:EIA Central Appalachian thermal, US$84.35/T; Powder River Basin thermal, US$14.20/T; Northern Appalachian, US$80.00; US EIA Sept. metallurgical, US$104.80/t. NYMEX Powder River…
Starfield likes Ferguson Lake economics
The Ferguson Lake base metals project, in Nunavut, will likely post an internal rate of return of 27% based on current nickel and copper prices, Starfield Resources (SRU-T, SRFDF-O) says.
ValGold’s Los Patos has room to grow
Although the initial resource estimate for ValGold Resources’ (VAL-V, VALGF-O) Los Patos gold deposit in Venezuela is on the small side, the company points out that it is open along strike and at dept…
Sherritt offers $704M for Royal Utilities
Royal Utilities Income Fund (RU. UN-T) shares surged 20% after Sherritt International (S-T, SHERF-O) announced plans to buy out Canada’s largest thermal coal producer for $704 million.
Gammon Gold sees class action claim
Gammon Gold (GAM-T, GRS-X) is denying allegations of stock-option manipulation in response to an $80-million class action lawsuit that may be the first of its kind in Canada.
Arian confirms gold, copper resource at Tepal (March 31, 2008)
VANCOUVER — A recent resource estimate for Arian Silver’s (AGQ-V, AGQ-L) Tepal porphyry project in Mexico confirms historic estimates and adds more than 1 million contained ounces gold plus considera…
No end in sight for moly rally (March 31, 2008)
Diminishing inventories, surging steel consumption and the widening scope of end-uses for molybdenum will sustain the current rally in prices for the base metal, according to the CPM Group, a New York…
Hiring for key roles: 4 pitfalls to avoid
Throughout my experience working as a headhunter at the executive level and helping companies improve their overall hiring processes, I have had a unique laboratory to study the effectiveness — or la…
TSX SHORT POSITIONS (March 31, 2008)
Short positions outstanding at Mar. 15/08 (with changes from Mar. 1/08).