NGEx Resources kicks off potash drill program
NGEx Resources (NGQ-T) has begun drilling its Bada potash project, about 150 km southeast of Asmara, the capital of Eritrea, and about 30 km inland from the port of Mersa Fatma on the Red Sea.
News
Editorial: Egad! Gold corrects
Like farmers on a sunny day who sense a heavy rainfall on the way, gold watchers spent much of August bracing themselves for a major correction in the gold price, even as spot prices kept breaking new, all-time nominal record highs since July….
Commentary: Africa’s boom ‘not just a China story’
In a new report from Renaissance Capital, equity strategist Charles Robertson argues that African nations have begun “the long-awaited period of catch-up with the developed world” and that “the bottom billion is becoming the fastest billion.”
Unforgiving Goderich tornado kills one miner
It may take years to rebuild Goderich, Ont., after a severe tornado ripped through the picturesque town on the eastern shore of Lake Huron, leaving one dead, 37 injured, and massive damage.
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Aug 23, 2011
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug 22, 2011 (change from Aug 15 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$14,500.00/t
Daily metal prices
DateAug 22Aug 19Aug 18Aug 17Aug 16
Canadian gold mutual funds
Fund name Aug. 22 Aug. 15ChangeChangeYTDMER*Assets*
North American stock exchange indices
DateAug 22Aug 19Aug 18Aug 17Aug 16HighLow
TSX short positions
Short positions outstanding at Aug 15/11 (with changes from July 31/11).