Macleod Dixon to merge with Norton Rose
Two top-tier law firms specializing in the mining and energy sectors, Maclead Dixon and the Canadian arm of Norton Rose Group, are joining forces to create Norton Rose Canada.
News
Molycorp discovers a new REE deposit
Molycorp (mcp-n) has found a once forgotten heavy rare-earth element (HREE) deposit near its Mountain Pass mine in California.
The ups and downs on Wall Street, Sept. 26-30
The Dow Jones Industrial Average managed to move up 141.9 points to 10,913.38, during the Sept. 26-30 trading week. However, it ended the third quarter down 12%, representing its biggest percentage drop since the first quarter of 2009.
Greenlight advancing east-coast lithium project
Vancouver – Eastern Canada-focused Greenlight Resources (GR-V) is testing a new lithium extraction process that could be used at its Brazil Lake project, while it continues to expand its overall property holdings.
Ucore reports positive recoveries from Bokan Mtn REE project
Vancouver – Metallurgical testing on Ucore Rare Metals’ (UCU-V) Bokan Mountain project in southeastern Alaska has shown encouraging recoveries for both light and heavy rare earth elements.
Venture continues downward slide Sept. 26-30
Vancouver – The S&P TSX Venture Composite Index had another tough week, dropping 78.91 points in the September 26 to 30 period to end at 1,467.17 points. Volume remained elevated with an average of 98.5 million shares traded daily.
TSX moves slightly up, Sept 26-30
After the previous sour trading week, the TSX Composite Index gained 160.97 points to close the Sept. 26-30 period at 11,623.84, despite rising concerns over the U.S. economy and the European debt crisis. However, that upward movement was not…
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept 26, 2011 (change from Sept 19 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$15,575.00/t
Daily metal prices
DateSept 26Sept 23Sept 22Sept 21Sept 20
Canadian gold mutual funds
Fund name Sept. 26 Sept. 19ChangeChangeYTDMER*Assets*
North American stock exchange indices
DateSept 26Sept 23Sept 22Sept 21sept 20HighLow