TSX VENTURE EXCHANGE -November 15-19
The third week of November saw the S&PTSX Venture composite index lose more than it gained for the first time since July: the board lost 84.22 points in the first two days of the week, but recover…
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U.S. MARKETS -November 15-19
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones industrial average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to…
Fortuna Silver progresses at San Jose
SITE VISIT SAN JOSE DEL PROGRESO, OAXACA, MEXICO — “Oaxaca is not for the faint of heart,” says Jorge Ganoza Durant with a slight grin, during a site visit to Fortuna Silver Mines’ (FVI-T) San Jose silver-gold project in the state.As…
Matamec: metallurgy fine at Kipawa
SITE VISIT NORTH BAY, ONT. –When at least one hundred companies in Canada claim to have some rare earth element (REE) showings on their properties and about five or six of them are serious contenders for making it into production, the…
Tahoe flaunts Escobal in Guatemala
Led by Kevin McArthur, a former CEO of Goldcorp (G-T, GG-N) and Glamis Gold, Tahoe Resources (THO-T) hopes to position itself as a new leader in the silver business on the back of the recently acquired and newly discovered Escobal silver…
Shallow gold in Serbia for Avala
VANCOUVER — Recently restructured Avala Resources (AVZ-V) has released a significant shallow gold hit from its Korkan-Bigar target in eastern Serbia as it works to advance several prospects in the ar…
Vale to invest $10B in Canada
Vale (VALE-N) says it will close its smelting and refining operations in Manitoba by 2015 because “mineral reserves in Thompson have not been sufficient to operate the smelter and refinery at full cap…
SPOT PRICES (November 29, 2010)
COURTESY OF SCOTIABANK
LME WAREHOUSE LEVELS (November 29, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 22, 2010 (change from Nov. 15 in brackets):
PRODUCER AND DEALER PRICES (November 29, 2010)
Antimony: Mid-mkt US$10,100/t.
DAILY METAL PRICES (November 29, 2010)
Date Nov. 22 Nov. 19 Nov. 18 Nov. 17 Nov. 16 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2235/2205 2191/2160 2230/2200 2135/2110 2245/22…
Nyrstar offers $409M for Farallon
VANCOUVER — Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409 million fully diluted.