Proposed ETFs Juice PGM Market
Dovetailing with the recent rebound in base metals, platinum and palladium prices posted six-month highs during the holiday-shortened, fourteenth trading week of the year. Since New Year’s Eve, platin…
News
Yukon-Nevada Sorts Out Jerritt Canyon Mess
After a year of addressing environmental and operational issues, Yukon-Nevada Gold (YNG-T) is finally able to restart milling at its Jerritt Canyon mine in northeastern Nevada’s Elko Cty.
PEOPLE (April 20, 2009)
Adanac Molybdenum– Christopher Kirby appointed president and CEO; Roger Taylor appointed chairman replacing Peter R. Jones.
Caledonia, New Dawn Resuming Gold Mining In Zimbabwe
Caledonia Mining (CAL-T, CMCL-L) suspended gold production in Zimbabwe last October because it was never paid for the gold it delivered to the country’s central bank.
Workers Protest At Paladin Construction Site
Paladin Energy (PDN-T, PDN-A) says worker unrest at its Kayelekera uranium project in Malawi hasn’t slowed construction and it expects commissioning by the end of April as scheduled.
LME Warehouse Levels (April 20, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Apr. 14, 2009 (change from Apr. 7 in brackets):
Spot Prices (April 20, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (April 20, 2009)
Antimony: Mid-mkt US$4,250/t.
Exeter Defines Big Caspiche Resource
VANCOUVER– The initial resource estimate for Exeter Resource’s (XRC-V) Caspiche gold-copper project in Chile is in and it is big.
TSX Warrants (April 20, 2009)
Aberdeen International (AAB. WT) — Wt buys sh @ $1 to June 6/12.
Sandstorm Turns To Gold
VANCOUVER — Two former directors of Silver Wheaton (SLW-T, SLW-N) are trying out the precious metal stream business again, by remaking a junior resource company into a small-scale gold stream outfit …
Daily Metal Prices (April 20, 2009)
Date Apr. 13 Apr. 10 Apr. 9 Apr. 8 Apr. 7 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday Holiday 1302/1341 1290.50/1335 1290/1335 …