LME WAREHOUSE LEVELS (November 03, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 28, 2008 (change from Oct. 21 in brackets):
News
SPOT PRICES (November 03, 2008)
COURTESY OF SCOTIABANK
Rubicon drills more high-grade under Red Lake
Rubicon Minerals (RMX-T, RBY-x) has cut 2.2 metres grading 42 grams gold per tonne starting at 880 metres depth on its Phoenix project, in Ontario’s Red Lake district.
PRODUCER AND DEALER PRICES (November 03, 2008)
Antimony: Mid-mkt US$6,383.33/t.
DAILY METAL PRICES (November 03, 2008)
Date Oct. 27 Oct. 24 Oct. 23 Oct. 22 Oct. 21 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1360/1410 1350/1400 1505/1551 1505/1565 1591/1…
Archangel fails to meet escrow deadline (November 03, 2008)
First the good news: A Russian foreign investment review commission chaired by former president Vladimir Putin has granted its conditional consent for Archangel Diamond (AAD-V, ADMOF-o) to acquire a 4…
It’s a long moly Storie for Columbia Yukon (October 31, 2008)
Vancouver – Step-out drilling at the Storie molybdenum deposit continues to return long mineralized intercepts for …
The race to find rare earths outside of China
The key metals needed for hybrid cars, flat screen TVs and energy-efficient lighting could be in short supply in a …
Monument to build Selinsing gold mine
Vancouver Monument Mining (MMY-V) will go ahead with mine construction at its Selinsing gold project, about 100 …
DRC miners hardest hit
While these are tough times for companies across the mineral sector miners in the Democratic Republic Congo (DRC) a…
Copper Mountain gets the go ahead
Vancouver – Copper Mountain Mining (CUM-T) is not letting global financial turmoil or a falling copper price get in…
Vale slashes iron ore production, trims nickel too
Saying that it is “adjusting to the new global economic scenario,” Vale (RIO-N) is dramatically scaling back its ir…