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DAILY METAL PRICES (August 25, 2008)

Date Aug. 18 Aug. 15 Aug. 14 Aug. 13 Aug. 12 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2430.50/2475 2450/2490 2450/2495 2450/2500 246…





EXCHANGE RATES (August 25, 2008)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Aug. 18 Aug. 15 Aug. 14 Aug. 13 Aug. 12 US$ in C$ 1.0605 1.0609 1.0620 1.0657 1.0640 C$ in US$ 0.9430 0.9426 0.9416 0.9384 0…


Indonesia could be tricky for BHP

A battle could be brewing for BHP Billiton (BHP-N, BLT-L) on a small island in Indonesia, where the company could soon find itself in the sights of environmental groups.



LENDING RATES (August 25, 2008)

as of 9 a. m. ET, Aug 19, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime 5…



Drilling at Cortez Hills in Nevada.

Barrick’s Q2 strong despite rising costs

Despite a 91% jump in oil prices, which averaged US$124 per barrel in the second quarter compared with US$65 per barrel in the same quarter a year ago, Barrick Gold’s (ABX-T, ABX-N) second-quarter rev…


Robert Friedland, executive chairman of Ivanhoe Mines addresses the Diggers & Dealers Mining Forum in Kalgoorlie, Western Australia.

‘Friedland envy’ haunts Diggers & Dealers

KALGOORLIE, WESTERN AUSTRALIA — Over the past five years, master entrepreneur Robert Friedland has created a guessing game at Australia’s biggest mining conference, the Diggers & Dealers Mining F…


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