U.S. Markets – Jan. 6-12
Many are wondering how far the bailout package in the United States will go in fixing the economy. Ben Bernanke, chairman of the Federal Reserve, says the US$700-billion stimulus should help revive th…
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Toronto Stock Exchange – Jan. 6-12
The TSX fell during the Jan. 6-12 trading session, with the S&P/TSX composite index losing 492 points, or 5.3%, to 8,793. Metal and mining issues sustained heavier losses, with the S&P/TSX Cap…
TSX Venture Exchange -Jan. 6-12
VANCOUVER — It was an up-and-down week for the S&P/TSX Venture composite index over the Jan. 6-12 trading session. The board started the week by climbing above the 900-point mark, a height it has…
LME Warehouse Levels (January 19, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 13, 2009 (change from Jan. 6 in brackets):
Moon Dust And Hairy Rocks
The Royal Ontario Museum (ROM) in Toronto has opened the doors to its Earth’s Treasures exhibit located in the Teck Suite of Galleries, sponsored by Teck (TCK. B-T, TCK-N).
Continental Nickel Makes Headway In Tanzania
Nickel prices may be in the dumps, but that isn’t dampening Continental Nickel’s (CNI-V, CNKDF-O) drive at its Nachingwea nickel sulphide project in Tanzania, which recently returned some encouraging …
Spot Prices (January 19, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (January 19, 2009)
Antimony: Mid-mkt US$4,350 /t.
Daily Metal Prices (January 19, 2009)
Date Jan. 12 Jan. 9 Jan. 8 Jan. 7 Jan. 6 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1135/1175 1110/1145 1121/1170 1146/1185 1150/1190 …
North American Stock Exchange Indices (January 19, 2009)
52-week Date Jan. 12 Jan. 9 Jan. 8 Jan. 7 Jan. 6 High Low S&P/TSX-Ven Comp 878.35 908.90 899.47 888.32 913.11 2830.89 678.62 TSX Composite 8793.33 9085.18 9221.58 9121.32 9…
New Gold Closes Troubled Amapari Mine
Six years ago, mining tycoon Ian Telfer described the Amapari gold mine in Brazil as “one of the best undeveloped gold assets in the Americas.”
Adanac Avoids ‘Fire-Sale’ For Now
VANCOUVER — With more than US$80 million owed on a bridge loan maturing Jan. 31, and about $100 million committed to construction of its Ruby Creek molybdenum project, but only $16 million in the ban…