Miners still waiting on DRC review
Investors and onlookers alike will have to hold their collective breath a little longer as completion of the mining contract review in the Democratic Republic of the Congo has been delayed.
2008
LME WAREHOUSE LEVELS (October 13, 2008)
Aluminium Alloy 80380 (1640) Aluminium 1387750 ( 11350) Copper 208350 (9750) Lead 65050 (800) Nickel 55260 (-810) Tin 5480 (-355) Zinc 161000 (5875)
SPOT PRICES (October 13, 2008)
Tuesday, Oct. 6, 2008 Precious Metals Price (US$/oz.) Change Gold $881.75 -15.25 Silver $11.64 -1.32 Platinum $1002.00 -45.00 Palladium $202.00 -1.00 Base Metals Price (US$/lb.) Change…
PRODUCER AND DEALER PRICES (October 13, 2008)
Antimony: Mid-mkt US$6,383.33/t.
Citigroup cuts commodity forecasts for 2009-10
Citi Investment Research has lowered some of its commodity price forecasts due to the U. S. financial crisis, slowing growth in China and disinflationary developments.
DAILY METAL PRICES (October 13, 2008)
Date Oct. 6 Oct. 3 Oct. 2 Oct. 1 Sept. 30 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1870/1910 1920.50/1975 1985/2060 2069.50/2120 214…
NORTH AMERICAN STOCK EXCHANGE INDICES (October 13, 2008)
52-week Date Oct. 6 Oct. 3 Oct. 2 Oct. 1 Sept. 30 High Low S&P/TSX-Ven Comp 1134.10 1300.23 1311.96 1406.65 1415.00 3192.55 1110.89 TSX Composite 10230.43 10803.35 10900.54 1…
US Gold cuts shallow gold at Hercules
US Gold (UXG-T, UXG-x) has made a new, near-surface gold discovery in the Magistral district of Sinaloa state, Mexico.
Kimber raises $5M for gold hunt
Now that it’s closed a $5-million private placement, Kimber Resources (KBR-T, KBX-x) will be looking to bolster its gold position in Mexico with the money going into the ground at its Monterde and Set…
Tinpo backs off Western Prospector bid
Tinpo Holdings gave Western Prospector Group (WNP-V, WEPGF-o) shareholders a sudden jolt recently, when it unexpectedly announced it was taking its $74- million offer for the company off the table.
Mexoro upbeat about past producing Cieneguita
If one adheres to the safety-in-numbers school of mining and exploration then Mexoro Minerals’ (MXOM-o) Cieneguita property, in Mexico’s Sierra Madre occidental belt in Chihuahua state, is a pretty sa…
TSX VENTURE SHORT POSITIONS (October 13, 2008)
Short positions outstanding at Sept. 30/08 (with changes from Sept. 15/08). Largest short positions Gold Wheaton Gold GLW 2734100 1252188 Largo Resources LGO 1299500 563000 Westernza…