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…
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…
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.
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.
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…
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…
A disproportionate number of mining companies have been subject to securities class actions in recent years in Canada. Each action raises different facts and complaints about “misleading” disclosure. The impact on stock price and the resulting…
Tuesday, Feb. 22, 2011
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 28, 2011 (change from Feb. 21 in brackets):
Antimony: Mid-mkt US$14,550/t
DateFeb. 28Feb. 25Feb. 24Feb. 23Feb. 22
Nothing’s ever simple when it comes to Lundin Mining. This week, the volatile Vancouver-based international base-metals miner had its cozy proposed merger with Canada’s Inmet Mining fall apart in the face of a hostile, $4.8-billion bid by…
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