TORONTO STOCK EXCHANGE JULY 22-28
The TSX was down during the July 22-28 trading session, with the S&P-TSX Composite Index sliding 385 points, or 2.8%, to 13,304. Mining stocks did not fare any better, with the Capped Metals and M…
Stock Markets/Investing
Citigroup hikes short-term coking coal price targets
Citing continued tight supply, Citigroup has raised its targets for metallurgical or hard coking coal for the next few years. A research report by analyst Alan Heap forecasts that prices will rise in …
AngloGold buys Sao Bento Mine
Vancouver – AngloGold Ashanti (AU-N) will get Eldorado Gold’s (ELD-T) Sao Bento Mine in Brazil, now on care and mai…
Iron ore market to stay strong in 2009: forecasts
The iron ore boom continues, with the market expected to stay firm through next year, according to a report by the Iron Ore Trust Fund of Geneva-based United Nations Conference on Trade and Developmen…
Potash, uranium, key themes at RBC conference;RBC conference
Commodity prices will remain strong for several years to come due to robust demand outside the United States and persistent supply constraints, according to presentations at the recent RBC Global Mini…
Goldsource finally falls
Vancouver – After gaining 6,000% in two months, Goldsource Mines (GXS-V) just got its first reality check. The comp…
Short Position Report (July 21, 2008)
TSX Short Positions Short positions ou…
TSX VENTURE EXCHANGE JULY 8-14
The July 8-14 trading session was not particularly kind to the S&P-TSX Venture Composite Index — the board lost 100.03 points over the week to close at 2,378.34. The summer trading doldrums were …
Will auto industry woes derail lead, platinum?
The recent sales figures coming out of the automotive industry in Detroit have been awful, leading to layoffs at some of the Big Three auto makers and at auto parts suppliers. Since cars are among the…
Los Andes upgrades Vizcachitas
Vancouver – The last time The Northern Miner caught up with Los Andes Copper (LA-V) they were dealing with a core-b…
TORONTO STOCK EXCHANGE JULY 2-7
It was nothing short of a bloodbath. The S&PTSX Composite Index crashed 754.23 points, or 5.3%, to 13,712.8 during the July 1-7 trading session, while the Capped Metals and Mining Index fell 94.28…
New copper finds needed to replace reserves: MEG
In a recent study, Halifax, N. S.-based Metals Economics Group (MEG) concludes that copper reserves in the ground maintain a comfortable cushion of about 30 years’ production. However, two potential p…