More consolidation expected in oil sands
News reports that India’s biggest oil producer, Oil & Natural Gas Corp. is negotiating to buy a 100% interest in an…
News
Japan Canada Oil Sands to quadruple production
For a decade now, bitumen production at Japan Canada Oil Sands’ (JACOS) Hangingstone demonstration plant near Fort …
Pelangio ready to ramp up in Ghana
With its reputation already established via its stake in the Detour Lake gold project in northern Ontario, Pelangio…
Kinbauri drilling returns 19.6 grams gold over 26.7 metres
The latest assays from Kinbauri Gold’s (KNB-V) infill drill program at the El Valle mine in Spain show high-grade m…
More silver in Bolivia for South American Silver
More results from South American Silver’s (SAC-T) Malku Khota project in Bolivia helped strengthen the company’s sh…
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…
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…