Good news for Quadra’s Sierra Gorda
Quadra FNX (QUX-T) is hooking up with Sumitomo to develop the sizable Sierra Gorda copper-molybdenum project in Chile.
News
Venture continues decline in May 9 – 13 period
Vancouver – The S&P TSX Venture Exchange had another tough week, dropping 50.38 points in the May 9 to 13 period after three days of losses outweighed two days of gains. The board ended at 2,038.22 points, the lowest in 2011 and a level not…
Upgrading to CIL positive for Hassai, La Mancha says (May 16, 2011)
La Mancha Resources’ (LMA-T) producing Hassai gold mine may be in the middle of the Red Sea Hills desert in northeastern Sudan, but upgrading its current heap-leach plant to carbon-in-leach technology still makes sense, a definitive…
TSX Composite continues to stumble
Tsx/akv/may.16.11 Tough times continue to reign down on Canadian markets as evidenced by the TSX Composite Index falling 251 points to land at 13,377 points for the May 9-13 period.
U.S. stocks down for second consecutive week, May 9-13
U.S. stocks closed down for the second week in a row with worries about global growth, the euro-zone debt-crisis, and the coming end in June of the Fed’s second round of quantitative easing. Continued upheaval and heavy selling in the…
Forging deals in the Labrador Trough (May 16, 2011)
As the acquisition of Quebec-focused iron ore producer Consolidated Thompson Iron Mines (clm-t) by resource giant Cliffs Natural Resources (clf-n) finally comes to a close, investors can’t help but wonder which company in the area is next in…
Market News (May 16, 2011)
Toronto Stock Exchange
Spot prices (May 16, 2011)
Tuesday, May 10, 2011
LME warehouse levels (May 16, 2011)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 9, 2011 (change from May 3 in brackets):
Producer and dealer prices (May 16, 2011)
Antimony: Mid-mkt US$16,700/t
Daily metal prices (May 16, 2011)
DateMay 9May 6May 5May 4May 3
Canadian gold mutual funds (May 16, 2011)
Fund name May 9 May 2ChangeChangeYTDMER*Assets*