Avalon raising $12.5 million for rare earths project
Avalon Rare Metals (AVL-T) is raising $12.5 million in a bought deal financing that will help with a pref…
News
No Moto? No problem. Red Back growing organically.
These are good days for Red Back Mining (RBI-T) in the African country of Mauritania.
Indonesia sends troops to safeguard Freeport operations
The murders in July of an Australian employee, a local security guard and a policeman and a spate of shootings…
Medusa ramps up low-cost Co-O mine in Philippines
While Medusa Mining (MML-A, MML-L) is focused solely on Mindanao in the southern Philippines, its Co-O mine …
Quebec Gov’t Greenlights Osisko’s Canadian Malartic
SITE VISIT MALARTIC, QUE. — Osisko Mining (OSK-T, OSKFF-O) has jumped another big hurdle in the rapid development of its wholly owned, $1-billion Canadian Malartic gold project in Malartic, Que.,…
Commentary: NI 43-101 gives false sense of security
We read with considerable interest your editorial entitled “Crimes and rumours of crime” ( T. N. M., July 6-12/09) and the front page story “NI 43-101 to get an Overhaul” ( T. N. M., July 20-26/09) –…
U.S. Markets Aug. 18-24
The market continued its bumpy roller-coaster ride during the Aug. 18-24 session. A major sell-off during the previous trading period was more than offset by a four-day rally that drove the Dow Jones …
Toronto Stock Exchange Aug. 18-24
After giving investors a scare, the S&P/TSX composite index showed resilience once again, finishing the Aug. 18-24 reporting period roughly 200 points higher at 10,789.97.
TSX Venture Exchange Aug. 18-24
Without a doubt, the S&P/TSX Venture composite index had a strong showing during the Aug. 18-24 reporting period. There were four consecutive days of gains, followed by a small loss on the period’…
People (August 31, 2009)
Anfield Nickel — Aziz Shariff has resigned as chairman but remains a director; David Strang appointed chairman; Marshall Koval appointed president and CEO; Sandra Lim appointed CFO; Andrew Carstensen…
Tight Scrap To Support Metals, Says Bank Of America
Less scrap metal due to faltering industrial production last year will contribute to a declining surplus in the refined copper market in 2010, while stainless steel mills are likely to use more refine…
LME Warehouse Levels (August 31, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 25, 2009 (change from August 18 in brackets):