MEG: Financings recovered fully in 2010
The following was released by the Metals Economics Group, based on its Strategic Report. For more information visit www.metalseconomics.com.
Commodities Markets
U.S. equities lose ground after Japanese disaster
It was a dark week for U.S. equities as Japan struggled to contain fires, explosions and radiation leaks at its crippled Fukushima nuclear power plant. The Dow Jones Industrial Average fell 185.88 points or 1.54% to 11,858.52, while the S&P…
Japanese quake rocks the world
On March 11, in a defining day of the new decade, residents of Japan’s northeast coastal region were hit by a deadly triple whammy of a 9.0-magnitude earthquake, a resulting tsunami with waves reaching 10 metres in height, and a growing threat…
Surbiton: Australian gold output rising
Australian gold production for 2010 totalled 266 tonnes (8.5 million oz), which is an increase of 17% or 38 tonnes from 2009, according to Melbourne-based consultancy Surbiton Associates’ latest survey of the Australian gold mining industry,…
Federal government invests in ‘CAT scan for the earth’
Vancouver – The federal government of Canada has announced it is providing $1.8 million in funding for a new cutting-edge geophysical survey technology from Vancouver called muon geotomography. Developed by University of British Columbia…
Editorial: Japanese quake rocks the world
On March 11, in a defining day of the new decade, residents of Japan’s northeast coastal region were hit by a deadly triple whammy of a 9.0-magnitude earthquake, a resulting tsunami with waves reaching 10 metres in height, and a growing threat…
Editorial: The “loco” creeps back into Colombia
The bloom is coming off the Colombia rose, with the frustrating news for Greystar Resources on March 4 that environmental public hearings on its Angostura project there were terminated early owing to “confrontations” at the meeting in…
Metals gurus predict prices for 2011
The opening technical session “Commodities and Market Outlook” of the Prospectors and Developers of Canada convention in Toronto gave a relatively upbeat outlook for precious metals, base metals and potash prices this year, especially…
MEG’s world exploration trends in 2011
The following is an excerpt from the World Exploration Trends 2011 report released by the Metals Economics Group. For the full report visit www.metalseconomics.com.
PDAC: base metals and potash prices set to consolidate gains in 2011
The outlook for base metals prices looked equally bright to the next set of speakers at the opening technical session “Commodities and Market Outlook” of the Prospectors and Developers of Canada convention in Toronto.
TSX up in Feb.28 to March 4 period after stumble
The TSX composite index rose 200.65 points in the Feb. 28 to March 4 period to recover from its late February dip and end at 14,252.77 points. The capped metals and mining index managed to gain 25.71 points to end at 1,463.86, its first period…
US markets steady in Feb.28 to March 4 period
U.S. equities failed to make up much ground in the Feb. 28 to March 4 period after losses the period before, but they also managed not to lose more ground as oil prices stayed high and mid-east instability continued. The S&P 500 eked out a…