First Quantum offers $460M for Antares
VANCOUVER — In a big step towards diversifying its copper operations away from Africa, First Quantum Minerals (FM-T, FQM-L) is buying Antares Minerals (ANM-V) in a cash-and-share deal worth $460 mill…
News
Bill C-300’s defeat
The last week of October was a satisfying one for Canadian miners, with Canada’s parliament voting to defeat the anti-mining Bill C-300 by an unsettlingly close 140-to-134 margin.
Points of contention in South Africa’s revised Mining Charter
The recently amended Broad-based Socioeconomic Empowerment Charter for the South African Mining Industry (the “Mining Charter”) was unveiled by South Africa’s minister of the Department of Mineral Res…
SPOT PRICES (November 08, 2010)
COURTE SY OF SCOTIABANK
LME WAREHOUSE LEVELS (November 08, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 1, 2010 (change from Oct. 25 in brackets):
PRODUCER AND DEALER PRICES (November 08, 2010)
Antimony: Mid-mkt US$10,100/t.
DAILY METAL PRICES (November 08, 2010)
Date Nov. 1 Oct. 29 Oct. 28 Oct. 27 Oct. 26 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2220/2200 2186/2185 2190/2190 2235/2205 2250/222…
CANADIAN GOLD MUTUAL FUNDS (November 08, 2010)
Featured Fund: Middlefield Precious Metals as of 08/31/10 (in weighted order): Canaco Resources, Semafo, Allied Nevada, Goldcorp, Detour Gold, Rubicon Minerals, Iamgold, Exeter Resources, East Asia Mi…
NORTH AMERICAN STOCK EXCHANGE INDICES (November 08, 2010)
52-week Date Nov. 1 Oct. 29 Oct. 28 Oct. 27 Oct. 26 High Low TSX Composite 12664.81 12676.24 12564.09 12567.25 12684.68 12759.06 10745.25 S&P/TSX-Ven Comp 1934.08 1950.31 1926.15 1908.03 1908.07…
TSX SHORT POSITIONS (November 08, 2010)
Short positions outstanding at Oct. 15/10 (with changes from Sept. 30/10).
TSX VENTURE SHORT POSITIONS (November 08, 2010)
Short positions outstanding at Oct. 15/10 (with changes from Sept. 30/10).
DIVIDENDS (November 08, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.9375* div on it $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…