Producer and dealer prices (May 23, 2011)
Antimony: Mid-mkt US$16,500/t
News
Daily metal prices (May 23, 2011)
DateMay 16May 13May 12May 11May 10
Canadian gold mutual funds (May 23, 2011)
Fund name May 16 May 9ChangeChangeYTDMER*Assets*
North American stock exchange indices (May 23, 2011)
52-week
Cayden advances with three North American projects
Vancouver – The team behind Ghana-focused Keegan Resources (KGN-T, KGN-X) has set its sights on advancing several North American prospects though relatively new entrant Cayden Resources (CYD-V).
ArcelorMittal invests $2.1B in Quebec’s iron ore expansion
ArcelorMittal (MT-N) is spending $2.1 billion to expand its Mont-Wright mining complex and Port-Cartier in Quebec.
Drill results from Batero in Colombia show promise
Eight drills are turning on Batero Gold’s (BAT-V) two gold and porphyry centres at its 100%-owned Batero-Quinchia project in Colombia, about 20 km north of Medoro Resources’ (MRS-V) Marmato project and 100 km southeast of AngloGold…
Champion Minerals discovers new iron zone at Lac Moire (May 20, 2011)
The first five drill holes at the Lac Moire iron ore project in northeastern Quebec have identified significant new iron mineralization and Champion Minerals (CHM-T) has increased its drill program there by 2,000 metres to 7,000 metres.
Foundation and Alto continue to explore Coldstream project
Vancouver – Foundation Resources (FDN-V) and 40% joint venture partner Alto Ventures (ATV-V) have been releasing a steady flow of gold results from its winter drill program at their Coldstream project in northwestern Ontario.
Osisko shows interest in Quebec junior
Osisko Mining (OSK-T) has bought 8.6 million shares of Threegold Resources (THG-V) on the open market, giving it a 9.2% interest in the junior, which has gold prospects in Quebec’s Abitibi region.
Argentina approves Extorre’s EIA for Cerro Moro
The provincial government of Santa Cruz in southern Argentina has approved the environmental impact assessment of the proposed Cerro Moro mine, Extorre Gold Mines (XG-T, XG-X) reports, and the results of a prefeasibility study are expected in…
Macquarie says the best is yet to come
The recent pullback in base metals is a “good entry point for investors” analysts at Macquarie Capital Markets report in a May 17 research note to clients.