People (May 11, 2009)
Castle Gold — Mark Selby appointed a director.
News
Cliffs Idles Coal Plants
As the economic crisis continues to squash demand for steel, Cliffs Natural Resources (CLF-N) is idling some of its metallurgical coal production in West Virginia and Alabama.
Western Copper Gets Go Ahead At Carmacks
VANCOUVER — The Yukon government has approved the mining licence for Western Copper’s (WRN-T, WCPCF-O) Carmacks copper project.
Sumitomo Buys Teck’s Pogo Stake
Debt-laden Teck (TCK. B-T, TCK-N) has struck a deal to sell its 40% interest in the Pogo gold mine in Alaska to its majority partner Sumitomo Metal Mining for about US$245 million in cash.
Japan, China, South Korea In Energy Shopping Spree
Taking advantage of depressed prices, energy-poor but cash-rich industrial powerhouses Japan, China and South Korea have embarked on large-scale buying of energy assets.
Producer And Dealer Prices (May 11, 2009)
Antimony: Mid-mkt US$4,250/t.
Donlin Creek Costs Hit US$4.5B
VANCOUVER — NovaGold Resources (NG-T, NG-X) has been hit with another massive projected capital cost increase: an updated feasibility study for the Donlin Creek gold project in Alaska pegged developm…
Daily Metal Prices (May 11, 2009)
Date May 4 May 1 Apr. 30 Apr. 29 Apr. 28 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 1291/1350 1291.50/1330 1291/1330 1291/1330…
North American Stock Exchange Indices (May 11, 2009)
52-week Date May 4 May 1 Apr. 30 Apr. 29 Apr. 28 High Low S&P/TSX-Ven Comp 1027.19 1010.17 1008.98 1031.97 993.10 2735.30 678.62 TSX Composite 9870.37 9496.96 9324.83 9416.31…
TSX Venture Short Positions (May 11, 2009)
Short positions outstanding at Apr. 30/09 (with changes from Apr. 15/09). Largest short positions Romarco Minerals R 1550000 48500 San Gold SGR 1328400 453800 Alturas Minerals ALT …
Dividends (May 11, 2009)
Company Div. Pay Record ($) Date Date Noranda Income Fund 0.04 Apr 25 Mar. 31 Wesdome Gold Mines 0.02 Apr 30 Apr 20 Potash Corp of Sask 0.10* May 7 Apr 9 Goldcorp 0.015* …
TSX Short Positions (May 11, 2009)
Short positions outstanding at Apr. 30/09 (with changes from Apr. 15/09). Largest short positions Teck Resources TCK. B 30907028 -1130592 New Gold NGD 18332450 2929019 Eldorado Gold …