Vancouver – The S&P/TSX Venture Composite Index climbed 58 points in the August 29 to September 2 period on four days of gains to end at 1,810.36 points. Volume perked up somewhat from the week prior with an average of 71 million shares…
TSX Short Positions Short positions outstanding at Aug 31/11 (with changes from Aug…
Iamgold Corp. (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10%-20% of its Niobec niobium mine in the near term, but the sale last week of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set…
U.S. equities didn’t have a great week. The Dow Jones industrial average slipped 44.28 points or 0.39% to finish the Aug. 29-Sept. 2 trading week at 11,240.26, while the S&P 500 index lost 2.83 points or 0.24% to close at 1,173.97. The…
AuRico Gold (AUQ-T, AUQ-N) wants to become an intermediate gold producer, and it has tabled a rich, all-share offer for Northgate Minerals (NGX-T, NXG-X) to help it get there.
Hathor Exploration’s (HAT-T) shares have vaulted in response to Cameco’s (CCO-T, CCJ-N) launching of a hostile, $520-million cash bid for the junior, and initiating what may become a bidding war for its world-class, high-grade…
An Ontario Superior Court, in Keewatin v. Ontario, has cast doubt on the validity of provincial forestry licenses in the Treaty 3 area of northwestern Ontario, which includes the Red Lake gold camp. Mining could also be at risk of litigation in…
An article in last week’s issue (T.N.M., Aug. 29-Sept. 4/11.) on the difficulties experienced since the start-up of Goldcorp’s Penasquito mine in Mexico contains a statement implying that these problems are related to the high-pressure grinding…
Toronto Stock Exchange
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug 26, 2011 (change from Aug 19 in brackets):
Antimony: Mid-mkt US$14,250.00/t
DateAug 29Aug 26Aug 25Aug 24Aug 23
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