LME Warehouse Levels (December 25, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 18, 2006 (change from Dec. 11 in brackets):
News
TSX Preferred and Exchangeable Shares (December 25, 2006)
Alamos Gold (AGI.DB-T) — 5.5% convertible at holder’s option to common shares (AGI-T) at $5.30 before maturity or redemption.
Junior goes it alone in South Korea
Why Vancouver’s Oriental Minerals (OTL-V, OMNLF-O) is the only foreign mining company in South Korea right now is anyone’s guess, but director and co-chair Damien Reynolds says he’s not looking for th…
‘Culture de coeur’ sets Agnico-Eagle apart
SITE VISIT Val d’Or, Que. — “The gold, it doesn’t rot, it doesn’t eat; it just sits there and waits.” This nugget of wisdom from the late Paul Penna, founder…
Breaking records
Vancouver — After hitting a new record, uranium prices are poised to go even higher as investor funds try to cash in on a rally that is already being fuelled by supply disruptions and rising demand, …
Exchange Rates (December 25, 2006)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Editorial: The lucky country (December 25, 2006)
Part of Chile rioted in joy, and the rest rioted in rage earlier this month.
Silver to hit US$15: GFMS
Facts ‘N’ Figures
Xstrata Nickel to double production by 2012
Staying alive in today’s nickel business requires big bucks, but now that Xstrata Nickel (formerly Falconbridge) has Switzerland-based Xstrata’s (XTA-L, XSRAF-O) dollars and vision behind it, the comp…
Galantas eyes allure of certified Irish gold (December 25, 2006)
Vancouver — Hoping to draw on the allure of certified Irish gold, the Canadian operator of Northern Ireland’s first modern-day gold mine plans to earn a premium on prevailing market prices by brandin…
Exall shareholders approve spinoff (December 25, 2006)
Shareholders of Exall Resources (EXL-T, EXALF-O) have approved a reorganization plan that will see current shareholders receive a dividend of shares in a new company, Exall Energy, that will hold Exal…
Aurizon pours gold at Casa Berardi
Aurizon Mines (ARZ-T, AZK-X) has poured two gold dor bars from its Casa Berardi mine in the Abitibi region of Quebec.