Barrick Raising US $4B To Slash Hedge Book
As the price of gold surpassed the critical US$1,000 per oz. mark on Sept. 8, Barrick Gold (ABX-T, ABX-N) announced it would substantially trim its gold hedges — derivative instruments originally cre…
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China Reaching For Canadian Resources
The financial crisis may have dried up capital for many mining companies in the West but not in China, where cash-rich companies are taking advantage of the credit crunch and going on shopping sprees.
Producer And Dealer Prices (September 21, 2009)
Antimony: Mid-mkt US$4,950/t.
No Moto? No Problem: Red Back Eyes Organic Growth In Africa
These are good days for Red Back Mining (RBI-T, RBIFF-O) in the West African country of Mauritania.
Daily Metal Prices (September 21, 2009)
Date Sept. 14 Sept. 11 Sept. 10 Sept. 9 Sept. 8 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1670/1708 1675/1705 1680/1710 1700/1730 170…
Party Time For Gold
There’s often a little more seriousness and sobriety in the air in North America the week after Labour Day, as the nights get colder, students head back to school, 9-11 is commemorated and businesses …
Obituary: Mineral Exploration Inventor Tony Barringer Dies At 83
Few individuals can rival the impact Tony Barringer made on mineral exploration technology, in the illustrious 50 years he spent pursuing scientific discovery and invention in the industry.
North American Stock Exchange Indices (September 21, 2009)
52-week Date Sept. 14 Sept. 11 Sept. 10 Sept. 9 Sept. 8 High Low S&P/TSX-Ven Comp 1253.83 1261.89 1249.49 1235.65 1241.06 1607.53 678.62 TSX Composite 11332.04 11253.23 11155.00 11000.17 11105.30…
TSX Venture Short Positions (September 21, 2009)
Short positions outstanding at Aug. 31/09 (with changes from Aug. 15/09).
TSX Short Positions (September 21, 2009)
Short positions outstanding at Aug. 31/09 (with changes from Aug. 15/09).
Canadian Gold Mutual Funds (September 21, 2009)
*as of June 30/09
Exchange Rates (September 21, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 14 Sept. 11 Sept. 10 Sept. 9 Sept. 8 US$ in C$ 1.0857 1.0746 1.0812 1.0787 1.0764 C$ in US$ 0.9211 0.9306 0.9249 0.9270 …