Teck Joins NovaGold at Galore Creek
Fresh from warding off a hostile bid from Barrick Gold (abx-t, abx-n), NovaGold Resources (NG-T, NG-X) has struck a deal with Teck Cominco (TCK.B-T, TCK-N) to develop on a 50-50 basis the junior’s mas…
Fresh from warding off a hostile bid from Barrick Gold (abx-t, abx-n), NovaGold Resources (NG-T, NG-X) has struck a deal with Teck Cominco (TCK.B-T, TCK-N) to develop on a 50-50 basis the junior’s mas…
SITE VISIT Lima, Peru — Across the swaths of desert stretching alongside the southern Peruvian coast, there’s nary a farm, cultural heritage site or environmentally sensitive area — just ocean,…
SITE VISIT Sangdong, South Korea — At its peak, 30,000 people lived in Sangdong, South Korea, home of the former world-class tungsten-molybdenum mine. Many of the 500 people who still…
The silver price, led by growing investor demand, averaged a remarkable US$11.55 per oz. in 2006. At the same time, industrial demand for silver saw a fifth consecutive year of growth, despite the hig…
Vancouver — Another batch of wide mineralized intercepts from its Kwanika copper-gold property in north-central B.C. propelled Serengeti Resources (SIR-V, SGRNF-O) to a recent 49% gain on strong volu…
Antimony: Mid-mkt US$5,360/t.
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Date May 28 May 25 May 24 May 23 May 22 High Low S&P/TSX-Ven Comp 3226.13 3242.20 3205.99 3278.92 3274.68 3372.00 2291.43 TSX Composite 14073.74 14024.07 13946.27 14142.51 14112.19 14216.21…
The TSX Composite Index fell slightly over the May 22-28 trading period, but stayed near all-time highs as it finished at 14,024.07, down just 81.27 points.
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 25, 2007 (change from May 21 in brackets):
Courtesy of Scotiabank
Blue Sky Uranium (BSK.WT) — Wt buys sh @ $1.30 to Mar 23/09.
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