U.S. Markets August 21-27
A credit crunch stemming from U.S. mortgage losses continued to roil U.S. markets this week and the impact was felt around the world. The European Central Bank, Bank of Japan and Bank of Canada all cl…
A credit crunch stemming from U.S. mortgage losses continued to roil U.S. markets this week and the impact was felt around the world. The European Central Bank, Bank of Japan and Bank of Canada all cl…
Antimony : Mid-mkt US$5,470/t.
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 27, 2007 (change from Aug. 20 in brackets):
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Northland Resources (NAU-V, NRSRF-O) saw its shares shoot up recently, after announcing a resource estimate for its 100%-owned iron oxide copper-gold (IOCG) Hannukainen project in Finland.
Vancouver — In a significant step towards financing the polymetallic Wolverine project, Yukon Zinc (YZC-V, YZCCF-O) has secured a US$140-million senior debt facility from Barclays Capital.
Courtesy of Scotiabank
Agnico Eagle Mines (AEM.WT.U) — Wt buys sh @ US$19 to Nov 14/07.
Fund name Aug. 27($) Aug. 20($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 25.64 24.75 0.89 3.6 -4.2 2.61 615.8 Altamira Pr & Str Mtl 11.22 10.71 0.51 4.8…
Vancouver — Seizing a development opportunity afforded by surging demand for iron, Adriana Resources (ADI-V, ANARF-O) is optioning shoreline property in Brazil to develop an iron ore port facility to…
Vancouver — Tamerlane Ventures (TAM-V, TMLVF-O) is poised to develop a new mine on the site of one of Canada’s most successful base metals mines, with a positive feasibility study and updated reserve…
Good results from just one drill hole were enough to lift shares of Sheffield Resources (SLD-V, SLDOF-O) by 27% on the market recently.
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