Federal gov’t deals TKO to Prosperity mine
VANCOUVER — The federal government has decided to block Taseko Mines (TKO-T, TGB-X) from developing an open-pit mine at its Prosperity copper-gold project in central British Columbia, citing “concern…
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TORONTO STOCK EXCHANGE -November 1-5
The TSX composite index responded well to quantitative easing south of the border. The index was up 219 points for the Nov. 1-5 period, finishing at 12,944.92.
TSX VENTURE EXCHANGE -November 1-5
The S&P-TSX Venture edged over the 2,000-point threshold in the Nov. 1-5 trading week, climbing 58.6 points to end at 2,008.92. Volume remained quite high, averaging 172.1 million shares traded da…
U.S. MARKETS -November 1-5
Gold, commodities and equities surged after the U.S. Federal Reserve announced on Nov. 3 that it will buy US$600 billion in government bonds to help buoy the economy. The U.S. central bank will buy ab…
Lithium Americas steps up Cauchari
SITE VISIT SUSQUES, JUJUY PROVINCE, ARGENTINA ARGENTINA — What once was overlooked as a clay basin is now set to become one of the largest lithium brine deposits in the world by 2014.Lithium Americas’ (LAC-T) flagship Cauchari project…
Blue Sky taps into Argentina’s uranium
Drawing comparisons to similar types of uranium deposits in Australia and Namibia, Blue Sky Uranium (BSK-V) believes its new grassroots uranium find in Argentina’s Rio Negro province has the potential to be economically attractive at grades…
BHP’s bid for Potash Corp. blocked (November 15, 2010)
VANCOUVER — The Canadian government has rejected BHP Billiton’s (BHP-N) US$39-billion hostile takeover bid for Potash Corp. of Saskatchewan (POT-T, POT-N).
SPOT PRICES (November 15, 2010)
COURTESY OF SCOTIABANK
LME WAREHOUSE LEVELS (November 15, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 8, 2010 (change from Nov. 1 in brackets):
PRODUCER AND DEALER PRICES (November 15, 2010)
Antimony: Mid-mkt US$10,100/t.
DAILY METAL PRICES (November 15, 2010)
Date Nov. 8 Nov. 5 Nov. 4 Nov. 3 Nov. 2 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2270/2240 2270/2245 2240/2235 2255/2220 2240/2215 A…
NORTH AMERICAN STOCK EXCHANGE INDICES (November 15, 2010)
52-week Date Nov. 8 Nov. 5 Nov. 4 Nov. 3 Nov. 2 High Low TSX Composite 13052.48 12925.11 12878.79 12671.12 12681.42 13052.48 10990.41 S&P/TSX-Ven Comp 2041.84 2008.92 1994.46 1948.64 1942.41…