Nautilus gets developer for Solwara 1
Seafloor exploration-focused Nautilus Minerals( NUS-T)has awarded a contract to Technip USA Inc. to develop its deep sea Solwara 1 project, situated in the territorial waters of Papua New Guinea in th…
2008
Xstrata gets Siemens technology in South America
Australia-headquartered Xstrata Copper, a commodity business unit of Xstrata (XTA-L) has commissioned electrical manufacturer and supplier, Siemens to supply electrical equipment for an undisclosed co…
Moly Mines awards construction contract to WorleyParsons
Moly Mines (MOL-T) has awarded the contract for the construction of its Spinifex Ridge molybdenum project to WorleyParsons.
Global Minerals defines Slovakian silver
VANCOUVER — Global Minerals (CTG-V, GMLFF-O) is hoping a resource estimate showing strong silver mineralization will give the company the support it needs to dewater and explore the flooded Strieborn…
U. S. MARKETS (May 05, 2008)
Stock markets in the U. S. were up during the April 22 -April 28 trading session, with the Dow Jones Industrial Average climbing 47 points, or 0.4%, to 12872; the Standard & Poor’s 500 index risin…
TORONTO STOCK EXCHANGE (May 05, 2008)
The TSX Composite Index finished the Apr. 22-28 period down 235.31 points at 14,085.85, with the key culprit being seen as investors taking profits from the recent big gains in stocks within the agric…
TSX VENTURE EXCHANGE (May 05, 2008)
VANCOUVER — The S&P-TSX Venture Composite Index lost ground over the April 22-28 trading session, closing down 76.65 points at 2483.17. Daily trading volumes were up slightly from the third week …
LME WAREHOUSE LEVELS (May 05, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 29, 2008 (change from April 22 in brackets):
PEOPLE (May 05, 2008)
Acero-Martin Exploration — John Romero appointed chief geologist for the company’s Pinaya project in Peru. Algoma Steel — Denis Turcotte has resigned as CEO. American Uranium — Harrison Barker and …
SPOT PRICES (May 05, 2008)
COURTESY OF SCOTIABANK
TSX SHORT POSITIONS (May 05, 2008)
Short positions outstanding at Apr. 1 /08 (with changes from Mar. 15/08).
PRODUCER AND DEALER PRICES (May 05, 2008)
Antimony: Mid-mkt US$5,950/t.