People (March 09, 2009)
Andina Minerals– Keith McKay appointed executive VP; Alejandro Labbe appointed VP of project development.
2009
U. S. Markets – Feb. 24 -Mar. 2
U. S. markets were down during the Feb. 24-Mar. 2 trading period. The catalyst for the sell-off was a staggering quarterly loss of US$62 billion, the highest in corporate history, at troubled insurer …
Toronto Stock Exchange – Feb. 24 -Mar. 2
There was a mixture of good and bad news over the Feb. 24-March 2 trading period, making for a 40-point gain on the S&P/TSX composite index to 7,687.51 points. Profits from Canada’s banking sector…
TSX Venture Exchange – Feb. 24 -Mar. 2
The Feb. 24-Mar. 2 reporting period on the S&P/TSX Venture composite index began and ended poorly. The first and last days of the period saw the heaviest losses, 25.35 and 33.42 points, respective…
Lme Warehouse Levels (March 09, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar. 3, 2009 (change from Feb. 24 in brackets):
Spot Prices (March 09, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (March 09, 2009)
Antimony: Mid-mkt US$4,350 /t.
Daily Metal Prices (March 09, 2009)
Daily Metal Prices Date Mar. 2 Feb. 27 Feb. 26 Feb. 25 Feb. 24 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1121/1160 1108/1146 1116/1160 …
North American Stock Exchange Indices (March 09, 2009)
52-week Date Mar. 2 Feb. 27 Feb. 26 Feb. 25 Feb. 24 High Low S&P/TSX-Ven Comp 828.24 861.66 862.81 854.97 853.59 2810.46 678.62 TSX Composite 7687.51 8123.02 8186.82 7932.30 7859.33…
DRC Government Confirms Banro’s Holdings
Banro (BAA-T, BAA-X) says it had received official confirmation that its mining convention and mining licences in the Democratic Republic of the Congo (DRC) “are in accordance with Congolese law.”
TSX Venture Short Positions (March 09, 2009)
Short positions outstanding at Feb. 15/09 (with changes from Jan. 31/09). Largest short positions Silvermet SYI 947000 537000 Gold Wheaton Gold GLW. WT 878145 -435400 Soltoro SOL …
Lending Rates (March 09, 2009)
as of 9 a. m. ET. March 3, 2009 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 3.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime 3….