Zinc recycling in the North (October 30, 2006)
Doubtless helped by the price of zinc, two former Arctic zinc producers, both operated by Cominco, are getting second looks by junior explorers bent on showing that resources left behind when the mine…
Articles by Northern Miner Staff
Trouble afoot in markets, Part II
Commentary — The following is the second of three edited parts of a speech presented at the recent Silver Summit in Coeur d’Alene, Idaho. The realization that both the financial…
Producer and Dealer Prices (October 30, 2006)
Antimony : Mid-mkt US$5,240/t.
TSX Short Positions (October 30, 2006)
Short positions outstanding at Oct. 15, 2006 (with changes from Sept. 30).
TSX Venture Short Positions (October 30, 2006)
Short positions outstanding at Oct. 15, 2006 (with changes from Sept. 30).
Toronto Stock Exchange October 17-23
Royal Dutch Shell’s offer to buy Shell Canada fuelled speculation of more mergers and acquisition activity in the oil sector over the Oct. 17-23 trading session, leading to a 57.61-point gain on the T…
U.S. Markets October 17-23
There was much enthusiasm over the Oct. 17-23 trading session, as the Dow Jones Industrial Average closed above the 12,000 mark for the first time — and it did so on the anniversary of Black Monday, …
TSX Venture Exchange October 17-23
Renewed buoyancy was evident in the junior mining-dominated S&P-TSX Venture Composite Index last week, which turned in a gain of 39.09 points over the Oct. 17-23 trading session to close at 2,461….
LME Warehouse Levels (October 30, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 23, 2006 (change from Oct. 16 in brackets):
St Andrew buys Holloway assets from Newmont
St Andrew Goldfields (SAS-T, SASXF-O) has agreed to buy subsidiary Holloway Mining from Newmont Mining (NMC-T, NEM-N), moving the Holloway and Holt-McDermott mines and a large land package into the St…
CVRD scoops up 76% of Inco, extends offer (October 30, 2006)
Marking a turning in Canadian mining history, Brazil’s Companhia Vale do Rio Doce (RIO-N) has reported that 174,623,019 shares of Inco (N-T, N-N) have been deposited to its $86-per-share cash offer, r…
Campbell offering held up
A rights offering by Campbell Resources (CCH-T, CBLRF-O) to assist the restructuring of the financially troubled company is ready, its final prospectus having been approved by securities regulators. B…