Producer and Dealer Prices (September 24, 2007)
Antimony : Mid-mkt US$5,460/t.
2007
Editorial: Cracks in US economic juggernaut
Gold bugs had plenty of disturbing macroeconomic news to chew on during the week ended Sept. 15, the 37th trading week of 2007, and almost all of it was broadly bullish for gold.
Blimpin’ your ride
Last year, warm weather closed the ice road to the Diavik diamond mine on March 26 — a full two weeks earlier than usual. Diavik, a joint venture of Aber Diamond (ABZ-T, ABER-Q) and Rio Tinto (RTP-N,…
Toronto Stock Exchange September 11-17
Higher gold prices were seen as one of the saviours of the TSX Composite Index over the Sept. 11-17 trading session; the index finished the week 105.58 points higher at 13,809.86, despite continued wo…
U.S. Markets September 11-17
Stock markets in the United States were buoyant during the reporting period Sept. 11-17, in anticipation of a rate cut from the Federal Reserve Bank. The Dow Jones Industrial Average rose 275.57 point…
TSX Venture Exchange September 11-17
With the price of gold climbing to US$719 per oz., lead pushing US$1.50 per lb., and a number of exploration developments sparking market activity, the S&P-TSX Venture Composite Index climbed 71.5…
LME Warehouse Levels (September 24, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 17, 2007 (change from Sept. 10 in brackets):
Kinross helps fund Queen’s professorship
Kinross Gold has partnered with the Department of Mining Engineering at Queen’s University to establish the Kinross professorship in mining and sustainability.
Suppliers News (September 24, 2007)
ABB to supply mine winders
People (September 24, 2007)
Gammon Gold — Roberto Diaz resigned as president of Mexican operations. Diaz’s duties will be handled by executive VP and COO Dave Keough.
Glencairn reduces cyanide at Bellavista
Vancouver — Since the recent ground movement and subsequent suspension of operations at Glencairn Gold’s (GGG-T, GLE-X) Bellavista mine in Costa Rica, the company has been rinsing the heap-leach pads…
Spot Prices Courtesy of Scotiabank Tuesday, Sept. 18, 2007
Precious Metals Price (US$/oz.) Change Gold $717.70 +13.45 Silver $12.96 +0.39 Platinum $1299.00 +4.00 Palladium $334.00 +5.00 Base Metals Price (US$/lb.) Change Nickel $13.24 +0.82 Lead $1.44 +0.12 Copper $3.40…