Daily Metal Prices (November 16, 2009)
Date Nov. 9 Nov. 6 Nov. 5 Nov. 4
2009
North American Stock Exchange Indices (November 16, 2009)
52-week Date Nov. 9 Nov. 6 Nov. 5 Nov. 4 Nov. 3 High Low S&P/TSX-Ven Comp 1355.48 1340.62 1331.55 1331.35 1326.75 1362.34 678.62 TSX Composite 11486.88 11250.41 11180.70 11071.20 11025.90…
TSX Venture Short Positions (November 16, 2009)
Short positions outstanding at Oct. 31/09 (with changes from Oct. 15/09).
Ivanhoe Australia Posts Merlin Resource
In the early 1900s high-grade, surface-enriched copper was mined from Mount Dore in northwestern Queensland, but production to 1961 reached just 5.9 tonnes of copper.Fast-forward nearly 50 years and in December 2008, Ivanhoe Australia (IVA-A)…
Look North For Critical Metals, U.S. Conference Hears
WASHINGTON, D. C. — Jack Lifton has an urgent warning for the United States when it comes to the supply of rare earth elements (REEs) — metals that are essential to everything from cell phones and LCD screens to military applications and…
China Uncertainty Dominates Moly Market
Molybdenum producers and developers have been on a roller coaster ride for the past year. Between 2004 and 2008, molybdenum oxide (moly) prices seemed to have found a home in the US$30-to US$35- per-lb. range. And even as most other base metals…
Western Lithium Kills Rocky Mountain Bid
Western Lithium Canada (WLC-V, WLCDF-O) has withdrawn its offer to buy Rocky Mountain Resources (RKY-V, RMRCF-O) in an all-share deal valued at $8.4 million.The two companies had signed a non-binding letter of intent whereby Rocky Mountain…
PBX Scopes Copaquire’s Rhenium Potential
VANCOUVER– A scoping study for the Copaquire copper-molybdenum project in Chile shows the project supports a just-profitable mine as is, but suggests that owner International PBX Ventures (PBX-V, IPBXF-O) investigate how the new-found rhenium…
Rare Element Resources Launches Bear Lodge Scoping Study
With its share price recently hitting new highs, Rare Element Resources (RES-V, RRLMF-O) has started a scoping study on the Bull Hill Southwest deposit at its Bear Lodge rare earth element (REE) project in Wyoming.The scoping study is…
Axmin’s Troubles Land It In Toro Gold’s Arms
A private gold exploration company with an interest in sub-Saharan and equatorial Africa hopes to acquire Canadian junior Axmin (AXM-V, AXMIF-O), which has gold and other assets in the Central African…
Centerra Boosts Q3 Profits
Despite trouble at both its Boroo mine in Mongolia and its Kumtor mine in Kyrgyzstan, Centerra Gold (CG-T, CAGDF-O) managed to boost profits by 19.5% during the third quarter.
B2Gold Readies Orosi Production, Deals With Limon Strike
Production should start by the end of the month at B2Gold’s (BTO-T) Orosi gold mine in Nicaragua and that means there will be a major increase in gold production for the company next year.