Duluth Metals Soars On Nokomis Resource
An expanded resource for the Nokomis polymetallic deposit in Minnesota “confirms” the deposit is “one of the largest valuable mineral assets in the world,” says Henry Sandri, president and chief execu…
News
LME Warehouse Levels (January 11, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, January 5, 2010 (change from Dec. 29 in brackets):
Chinese Bid $679M For Corriente
VANCOUVER — After a year of negotiations, Corriente Resources (CTQ-T) has inked a deal to sell itself and its massive copper-gold projects in Ecuador to two Chinese companies for $679 million.
Producer And Dealer Prices (January 11, 2010)
Antimony: Mid-mkt US$5750.00/t.
First Quantum Picks Up Ravensthorpe From BHP
BHP Billiton (BHP-N, BLT-L) suspended operations at its Ravensthorpe nickel project in Western Australia in January after nickel prices plunged in late 2008 and it encountered a series of operating an…
Queenston Banking On Kirkland Lake To Return To Producer Status
New resource estimates for two of its deposits in the Kirkland Lake camp have brought Queenston Mining’s (QMI-T) gold resources in this corner of northeastern Ontario to 640,000 measured and indicated…
Big Paydays For Canplats, Corriente
In what may be a sign of a lively year ahead, the last trading week of 2009 was dominated by cash-rich bids for two Canadian juniors with advanced projects in Latin America.
IFC To Buy Helios Stake
VANCOUVER — International Finance Corp. (IFC), the private-sector investment arm of the World Bank, plans to take a 15% stake in Tanzania-focused Helio Resource (HRC-V), making it the junior’s second…
Daily Metal Prices (January 11, 2010)
Date Jan. 4 Jan. 1 Dec. 31 Dec. 30 Dec. 29 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1951/1990 n/a 1935/1957 1960/2000 1950/1990 Alum…
Canadian Gold Mutual Funds (January 11, 2010)
*as of Dec. 31/09
North American Stock Exchange Indices (January 11, 2010)
52-week Date Jan. 4 Jan. 1 Dec. 31 Dec. 30 Dec. 29 High Low S&P/TSX-Ven Comp 1543.93 n/a 1520.72 1494.88 1483.56 1545.48 809.03 TSX Composite 11866.90 n/a 11746.11 11717.46 11701.81…
TSX Short Positions (January 11, 2010)
Short positions outstanding at Dec. 15/09 (with changes from Nov. 30/09). Largest short positions Great Basin Gold GBG 21779074 2683276 Caledonia Mining CAL 20020000 19970700 Eldorad…