Newmont positioned for growth
With more than US$6.7 billion in available liquidity at its fingertips, Newmont Mining (NMC-T, NEM-N) is ready for its next significant development campaign on a pipeline of gold projects that include…
Volume 96 Number 39 - Nov 15 - 21, 2010
Three legends to join the Canadian Mining Hall of Fame
The Canadian Mining Hall of Fame, of which The Northern Miner is a co-sponsor, will honour three new inductees at its 23rd annual dinner and induction ceremony on Jan. 13, 2011, at the Fairmont Royal …
TORONTO STOCK EXCHANGE -NOVEMBER 8-12
The TSX composite index fell 175.87 points or 1.4% to finish the Nov. 8-12 trading week at 12,749.24, while the Capped Metals & Mining index slid 48.02 points or 3.62% to 1,280.02. One hundred and…
TSX VENTURE EXCHANGE -NOVEMBER 8-12
A long streak of upward momentum on the S&P-TSX Venture index stalled slightly in the Nov. 8-12 week, with two days of losses edging out three days of gains to have the board end down 1.82 points …
U.S. MARKETS -NOVEMBER 8-12
Markets finished the week with a sharp pullback as European debt fears and China inflation worries spooked investors. The Dow Jones industrial average tumbled 251.5 points, to close the Nov. 8-12 trad…
Caterpillar set to buy Bucyrus (November 22, 2010)
Caterpillar Inc. (CAT-N), the world’s largest maker of construction and mining equipment, is offering to buy Bucyrus International (BUCY-Q) in a deal worth US$8.6 billion including debt.
SPOT PRICES (November 22, 2010)
COURTE SY OF SCOTIABANK
LME WAREHOUSE LEVELS (November 22, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 15, 2010 (change from Nov. 8 in brackets):
PRODUCER AND DEALER PRICES (November 22, 2010)
Antimony: Mid-mkt US$10,100/t.
DAILY METAL PRICES (November 22, 2010)
Date Nov. 15 Nov. 12 Nov. 11 Nov. 10 Nov. 9 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2240/2215 2220/2195 2260/2235 2230/2205 2245/222…
Denison’s enticing Phoenix discovery
The Phoenix uranium discovery by Denison Mines (DML-T, DNN-A) is one of the most promising new uranium discoveries to come out of Saskatchewan’s Athabasca basin in the last 20 years. It joins a short …
Whistler starts to shine for Kiska Metals
VANCOUVER — News of promising drill intercepts, ownership certainty, and positive metallurgical results can each give a project upwards momentum, but Kiska Metals (KSK-V) is currently feeling the lif…