Sego set to scale Miner Mountain
If you’ve ever been to Princeton, home to the recently opened Copper Mountain mine, you’ve also seen Sego Resources’ (SGZ-V) Miner Mountain copper property.
Volume 98 Number 6 Mar 26 - Apr 1, 2012
Glorious royalties
Financing was a recurring theme at this year’s eightieth Prospectors and Developers Association of Canada convention in Toronto. With debt markets in Europe faltering and equity markets globally not performing up to snuff, miners…
Banks Island banking on quick-start gold mine
Recently listed Banks Island Gold (BOZ-V) has hit more high-grade gold while expanding the resource at its production-ready Tel zone in northern B.C.
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Mar 20, 2012
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 19, 2012 (change from March 12 in brackets):
Canadian companies lead the charge in Guyana
The Guyanese mining sector is looking to Canada for investment and support as the South American nation moves to further develop its mineral resources.
Inmet keeps wary eye on smouldering Panama policy debate
Toronto-based Inmet Mining (IMN-T) is on the periphery of a pitched battle between Panamanian President Ricardo Martinelli and indigenous groups protesting the government’s aggressive resource-expansion policies.
Xstrata expands Canadian coal footprint
Swiss-based mining giant Xstrata (XTA-L) has struck a deal to buy the Sukunka coking coal deposit in northern B.C.’s Peace River region from Calgary-based Talisman Energy (TLM-T, TLM-N) for a cool US$500 million in cash.
Editorial: Enviro report echoes feds’ priorities
Proposed changes to Canada’s Environmental Assessment Act could streamline and simplify the environmental approval process, much in-line with pledges already made by the federal Conservative government.
Producer and dealer prices
Antimony: Mid-mkt US$12,950.00/t
Metals commentary: Wood Mackenzie says Copper prices to ease, but ‘not massively so’
Wood Mackenzie is forecasting global demand growth for copper this year of 3.6%, a copper deficit of 100,000 tonnes and London Metal Exchange cash prices averaging US$8,700 per tonne, or US$3.95 per lb., down from an average of US$8,800 per…