Thompson Creek’s Mt. Milligan bet
Huge, low-grade mineral deposits sit on a razor’s edge, able to generate great profits when metals prices are strong but extremely vulnerable to cyclical downturns.
Volume 96 Number 23 - Jul 26 - Aug 1, 2010
Steel, iron ore markets to rebound: UNCTAD
The steel and iron ore industries are forecasted to make a strong recovery in 2010 before leveling out, according to the Trust Fund Project on Iron Ore Information’s latest report.
SGS opens lab in Guerrero, Mexico
SGS Minerals Services has opened a new sample preparation lab in Guerrero, Mexico, to help process the large volume of samples for its full service lab in Durango, Mexico.
Foraco International to control Russian driller
With the ink still drying on Foraco International’s (FAR-T) acquisition of Latin American driller Adviser Drilling, the Marseille, Francebased company has shifted its focus to Russia by snapping up a …
PEOPLE (July 26, 2010)
Asian Mineral Resources — Mark Arnesen and Fook Hoy Lai appointed directors.
SPOT PRICES (July 26, 2010)
COURTE SY OF SCOTIABANK
LME WAREHOUSE LEVELS (July 26, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 20, 2010 (change from July 13 in brackets):
PRODUCER AND DEALER PRICES (July 26, 2010)
Antimony: Mid-mkt US$9,000.00 /t.
NORTH AMERICAN STOCK EXCHANGE INDICES (July 26, 2010)
52-week Date July 19 July 16 July 15 July 14 July 13 High Low S&P/TSX-Ven Comp 1362.10 1379.49 1386.86 1384.56 1384.11 1691.10 1095.62 TSX Composite 11543.47 11569.65 11741.77 11620.16 11672.84…
TSX SHORT POSITIONS (July 26, 2010)
Short positions outstanding at June 30/10 (with changes from June 15/10).
DAILY METAL PRICES (July 26, 2010)
Date July 19 July 16 July 15 July 14 July 13 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2030/2000 2020/1990 1990/1970 1995/1980 1950/1…
TSX VENTURE SHORT POSITIONS (July 26, 2010)
Short positions outstanding at June 30/10 (with changes from June 15/10).