IMF gets bearish on metals
The International Monetary Fund made headlines in the world’s financial press earlier this month with a remarkably bearish take on the future of metals prices….
News
Understanding financial statements
Mining Explained…
Suppliers News (September 18, 2006)
Major earnings up 170%, revenue hits $94.5M…
Coastport-Cornerstone tap new high-grade copper zone at La Plata
Vancouver — In wrapping up its Phase 1 drill program, joint-venture partners Cornerstone Capital Resources (CGP-V, CTNXF-O) and Coastport Capital (CPP-V, CSTPF-O) cut into a new discovery of high-gra…
Western Canadian Coal fires up Wolverine
Vancouver — Western Canadian Coal (WTN-T, WXJXF-O, WTN-L) has brought its second open-pit coal operation, the Wolverine mine in northeastern British Columbia, into production….
London junior picks up Bibiani
London-listed junior Central African Gold (CAN-L) has struck a deal with AngloGold Ashanti (AU-N, AGD-L) to buy the Bibiani gold mine in Ghana, along with the Bibiani North exploration permit….
People (September 18, 2006)
Timberline Res. — Director Paul Dircksen appointed VP of exploration….
There was a Phelps, a Dodge … and a Douglas
Letter to the Editor…
25 die in Siberian mine fire
Highland Gold Mining (HGHGF-O, HGM-L) says production will resume later this week at the Darasun gold mine in the Chita region of eastern Siberia where an underground fire killed 25 miners….
LME Warehouse Levels (September 18, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 11, 2006 (change from Sept. 4 in brackets):…
Daily Metal Prices (September 18, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Spot Prices Courtesy of Scotiabank >Tuesday, Sept. 12, 2006
| Precious Metals | Price (US$/oz.) | Change |
| Gold | $596.00 | -33.75 |
| Silver | $11.34 | -1.81 |
| Platinu…
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