Spot prices
Tuesday, Jan 10, 2012
Articles by Northern Miner Staff
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 9, 2012 (change from Jan. 3 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$13,250.00/t
Canadian gold mutual funds
Fund nameJan. 9Dec. 23ChangeChangeYTDMER*Assets*
TSX short positions
Short positions outstanding at Dec. 31/11 (with changes from Dec. 15/11).
TSX Venture short positions
Short positions outstanding at Dec. 31/11 (with changes from Dec. 15/11).
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
New royalties rattle Gabriel investors
Investors in Gabriel Resources (GBU-T) were hit by post-holiday blues after the Romanian government announced that it would be doubling royalties on gold production in the country.
Baja Mining updates progress at Boleo
Baja Mining (BAJ-T) has tested the first of three 2.5-megawatt power generators at its 70%-owned Boleo copper-cobalt-zinc-manganese project, and says that all three will be online before the month’s end.
What’s next for BC’s Ajax copper-gold project?
Abacus Mining & Exploration (AME-V) envisions an interesting prospect at its joint-ventured Ajax copper-gold project near Kamloops, B.C., with a feasibility study showing the project could support a 60,000-tonne-per-day operation generating…
Playfair’s tungsten resource grows at Grey River
Playfair Mining (PLY-V) has increased its inferred resource at Grey River, Nfld., by 16%, to 1.2 million tonnes grading 0.73% tungsten trioxide (WO3) for 18.8 million lbs. WO3, or 853,000 metric tonne units (MTUs). (MTUs are the standard weight…
Cline ramps up production at New Elk
Cline Mining (CMK-T) is swinging its New Elk metallurgical coal mine in southern Colorado into full commercial production at a rate of 3 million tons a year, as part of its initial 20-year mine plan.