Aurelian stands firm in Ecuador
While uncertainty continues to swirl around foreign mining investment in Ecuador, the former darling of the junior gold mining circuit, Aurelian Resources (ARU-T, AUREF-O), is pushing ahead with plans…
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Miners invited to invest in Indonesia
In an effort to promote mining and exploration in Indonesia, the Canadian embassy in Jakarta has extended an open call for mining companies, junior, intermediate and senior alike, to visit the country…
Goldsource falls on stepout results
VANCOUVER — After gaining 6,000% in two months, Goldsource Mines (GXS-V, GXSFF-O) just got its first reality check. The company’s share price plummeted on news that the first two exploration holes dr…
UAE pours oil money into mining
In an effort to shield itself from escalating costs of infrastructure-related materials, the government of Ras Al Khaimah, a part of the United Arab Emirates (UAE), has set up what may become the firs…
Midasco sings Utah’s praises
VANCOUVER — It’s a good time to have acquired uranium past-producers, but it’s been tough selling them to the market.
Editorial: Miners need to be wary of McGuinty
The week ended July 19, the 29th trading week of 2008, kicked off with a surprise announcement by the Ontario government that it would “protect” at least 225,000 sq. km, or roughly half of the provinc…
PEOPLE (July 28, 2008)
Barrick Gold — Greg Wilkins appointed executive vice-chairman following his resignation as president and CEO.
LME WAREHOUSE LEVELS (July 28, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 22, 2008 (change from July 15 in brackets):
SPOT PRICES (July 28, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (July 28, 2008)
Antimony: Mid-mkt US$6,300.00/t.
DAILY METAL PRICES (July 28, 2008)
Date July 21 July 18 July 17 July 16 July 15 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2585/2640 2606/2615 2600/2660 2635/2665 2650/2…
NORTH AMERICAN STOCK EXCHANGE INDICES (July 28, 2008)
52-week Date July 21 July 18 July 17 July 16 July 15 High Low S&P/TSX-Ven Comp 2287.67 2298.74 2283.31 2308.76 2310.08 3335.22 2278.26 TSX Composite 13689.19 13515.96 13460.25 …