TORONTO STOCK EXCHANGE JUNE 3-9
While the TSX Composite Index managed to gain 146.58 points for the June 3-9 trading period, things were looking less rosy by the end of the week. The Bank of Canada — widely anticipated to announce …
2008
TSX VENTURE EXCHANGE JUNE 3-9
The S&P-TSX Venture Composite Index managed a small gain over the June 3-9 trading session, inching up 15.42 points to close at 2,667.31. Trading was strong, with daily volume averaging 101.9 mill…
LME WAREHOUSE LEVELS (June 16, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 10, 2008 (change from June 3 in brackets):
Copper supply to remain tight to 2010: Citigroup
Copper prices are often viewed as a barometer for many other base metals and — if current indications are any guide — there’s nowhere to go, it seems, but up.
Cash Minerals considers coal project revival (June 16, 2008)
Now that coal’s back in style among investors, Cash Minerals (CHX-V, CHXMF-O) has decided to dust off a two-year-old feasibility study for its Division Mountain coal property in the Yukon.
Firestone hits high-grade in Torlon Hill drilling
VANCOUVER — Firestone Ventures (FV-V, FSVEF-O) has been pulling some high-grade zinc-lead-silver core out of the ground at its Torlon Hill project in western Guatemala.
TSX SHORT POSITIONS (June 16, 2008)
Short positions outstanding at May 31/08 (with changes from May 15/08).
LENDING RATES (June 16, 2008)
as of 9 a. m. ET, June 10, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime …
SPOT PRICES (June 16, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (June 16, 2008)
Antimony: Mid-mkt US$6,400.00/t.
Aluminum and nickel prices to rise: Daiwa Research
Aluminum prices will rise significantly in the medium term, with nickel seeing more modest gains, but a supply glut will drive zinc prices lower, according to a new report from the Tokyo-based Daiwa I…
Ecuador update: many questions, a few answers (June 13, 2008)
Vancouver – On June 9th, fifty-two days after a mining mandate in Ecuador suspended all mining activity while the g…