SPOT PRICES (August 02, 2010)
COURTE SY OF SCOTIABANK
Volume 96 Number 24 - Aug 2 - Aug 8, 2010
LME WAREHOUSE LEVELS (August 02, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 27, 2010 (change from July 20 in brackets):
New Gold produces 90,000 oz. in Q2 (August 02, 2010)
New Gold (NGD-T, NGD-X) shares were up nearly 5% to $5.25 apiece on July 20 on news the company was able to increase gold production by 62% in the second quarter, due mostly to its Mesquite gold mine …
PRODUCER AND DEALER PRICES (August 02, 2010)
Antimony: Mid-mkt US$9,233.33 /t.
Goldcorp invests $15.6M in Evolving Gold
Although the Evolving Gold (EVG-V) team consists of several former Newmont Mining (NMC-T, NEM-N) people, it’s Goldcorp (G-T, GG-N) that has decided to invest $15.6 million in the junior gold explorer.
DAILY METAL PRICES (August 02, 2010)
Date July 26 July 23 July 22 July 21 July 20 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2035/2035 2070/2020 2110/2040 2020/1985 1995/19…
Talison, Salares Lithium to merge
VANCOUVER — Australian producer Talison Minerals and Vancouver- based Salares Lithium (LIT-V) are joining forces to create the world’s largest publicly traded lithium production and exploration compa…
NORTH AMERICAN STOCK EXCHANGE INDICES (August 02, 2010)
52-week Date July 26 July 23 July 22 July 21 July 20 High Low S&P/TSX-Ven Comp 1403.46 1394.98 1388.42 1365.56 1363.20 1691.10 1123.64 TSX Composite 11746.67 11714.21 11667.76 …
Shrewd Kinross reaps windfall
When it comes to adversity, some people just rise above it all.
Canadian M&As hit 5-year low
Canadian merger and acquisition (M&A) activity fell 30% in the first half of 2010, according to a new report issued by mergermarket.
TSX SHORT POSITIONS (August 02, 2010)
Short positions outstanding at July 15/10 (with changes from June 30/10).
Jinshan goes native
The largest shareholder in Vancouver-based Jinshan Gold Mines with a nearly 40% stake is China National Gold, a state-owned Chinese enterprise and the country’s biggest gold producer.