Higher input costs will start to squeeze margins, Citigroup says
Despite rising costs, mining companies will still be able to deliver “sustainably higher” earnings before tax and d…
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U. S. MARKETS MAY 6-12
U. S. stock indexes were mixed during the May 6-12 trading session. The Dow Jones Industrial Average fell 93 points, or 0.7%, to 12,876. The Standard and Poor’s 500 Index declined 4 points, or 0.2%, t…
TORONTO STOCK EXCHANGE MAY 6-12
The TSX Composite Index was just shy of reaching last summer’s record high over the May 6-12 trading period. The benchmark was up 2.7% to 14,666.07 as materials and energy producers benefited from sur…
TSX VENTURE EXCHANGE MAY 6-12
For the first time since February, the S&PTSX Venture Composite Index posted gains for five consecutive days over the May 6-12 trading session. The gains combined to boost the index 82.35 points o…
Semafo building strength in West Africa
In mid-April, Semafo (SMF-T, SEMFF-O) announced it had beaten its own production guidance by 4,200 oz. in turning out 28,700 oz. gold for the first quarter.
BID-ASK — MAY 6-12, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Affinor Res V 0.16 0.17 0.16 0.18 0.12 Amazon Mng V 0.55 0.64 0.65 1.21 0.46 …
LME WAREHOUSE LEVELS (May 19, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 13, 2008 (change from May 6 in brackets): Aluminium Alloy 36840 (+420) Aluminium 1033800 (-2525) Copper 1217…
SPOT PRICES (May 19, 2008)
COURTESY OF SCOTIABANK Tuesday, May 13, 2008 Precious Metals Price (US$/oz.) Change Gold $877.00 -1.00 Silver $17.08 +0.38 Platinum $2073.00 +143.00 Palladium $439.00 +13.00 Base Metal…
PRODUCER AND DEALER PRICES (May 19, 2008)
Antimony: Mid-mkt US$5,893.33/t.
DAILY METAL PRICES (May 19, 2008)
——— LEGEND
North American Stock Exchange Indices (May 19, 2008)
52-week Date May 12 May 9 May 8 May 6 May 5 High Low S&P/TSX-Ven Comp 2576.11 2564.01 2539.45 2504.58 2499.14 3373.25 2340.21 TSX Composite 14666.07 14521.19 14607.99 14371.5…
The commodity supercycle: myth or reality?
Since 2001, commodities have experienced a powerful bull market. Precious metals, base metals, coal, uranium, oil, natural gas, grains and potash have all gone up in price. The list goes on and on, an…