North American Palladium Backtracks On $50M Debt Issue
North American Palladium (PDL-T, PAL-X) thought twice about issuing convertible notes, and decided it wasn’t such a good idea after all.
News
LME Warehouse Levels (September 14, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, September 8, 2009 (change from Sept. 1 in brackets):
Spot Prices (September 14, 2009)
COURTESY OF SCOTIABANK
Sparton Nails $1.7M Loan For China Acquisition
Toronto-based junior Sparton Resources (SRI-V) has secured a $1.7- million loan to complete its acquisition of a coal, germanium and uranium project in southern China.
Gold Cracks US$1,000
Gold’s day-long breach of the US$1,000-per-oz.-mark was the biggest news for gold bugs around the world in early September.
GFI Threatens Legal Action Against Forsys
George Forrest International (GFI) is threatening legal action after Forsys Metals (FSY-T) said it was cancelling the deal that would have seen GFI acquire Forsys for $579 million.
Producer And Dealer Prices (September 14, 2009)
Antimony: Mid-mkt US$4,950/t.
Daily Metal Prices (September 14, 2009)
Date Sept. 7 Sept. 4 Sept. 3 Sept. 2 Sept. 1 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1690/1720 1680/1710 1690/1720 1670/1700 1695/1…
North American Stock Exchange Indices (September 14, 2009)
52-week Date Aug. 31 Aug. 28 Aug. 27 Aug. 26 Aug. 25 High Low S&P/TSX-Ven Comp 1229.25 1229.25 1215.51 7184.89 1163.24 1822.77 678.62 TSX Composite 11017.47 11017.47 10921.49 10701.32 10689.78…
TSX Venture Short Positions (September 14, 2009)
Short positions outstanding at Aug. 31/09 (with changes from Aug. 15/09).
TSX Short Positions (September 14, 2009)
Short positions outstanding at Aug. 31/09 (with changes from Aug. 15/09).
Lending Rates (September 14, 2009)
as of 9 a. m. ET. Sept 8, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …