LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 6, 2012 (change from Jan. 30 in brackets):
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 6, 2012 (change from Jan. 30 in brackets):
Antimony: Mid-mkt US$12,250.00/t
DateFeb 6Feb 3Feb 2Feb 1Jan 31
Fund name Feb. 6 Jan.30ChangeChangeYTDMER*Assets*
52-week
Short positions outstanding at Jan. 31/12 (with changes from Jan. 15/12).
Short positions outstanding at Jan. 31/12 (with changes from Jan. 15/12).
Commodities trader Glencore International (GLEN-L) is looking to combine with Xstrata (XTA-L) in an all-share merger of equals, which will see the combined entity dominate the global markets for thermal coal, zinc, lead and ferrochrome,…
Instead of the pomp normally associated with a new mine opening, Latin American Minerals (LAT-V) dashed investors’ hopes of any ceremonies on Feb. 1 by announcing that it was suspending operations at what was set to become Paraguay’s…
The junior mining sector is off to a good start in 2012, though few companies have seen their share price rise as much as First Point Minerals (FPX-V). The company’s shares are up 105% since Dec. 30, climbing from a near-52-week low of 41¢…
Korea Electric Power Corporation is taking a 13.9% stake in Strathmore Minerals (STM-T) in a deal that will also give the Korean energy giant off-take rights to a portion of the uranium junior’s future production.
Salazar Resources (SRL-V) climbed 18% on news that diversified miner Lundin Mining (LUN-T) is acquiring a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units…
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