Shallow gold in Serbia for Avala
VANCOUVER — Recently restructured Avala Resources (AVZ-V) has released a significant shallow gold hit from its Korkan-Bigar target in eastern Serbia as it works to advance several prospects in the ar…
News
Mirasol prepares to drill new silver discovery (November 29, 2010)
As it prepares to begin drill testing a grassroots silver find in Argentina’s Santa Cruz province, Mirasol Resources (MRZ-V, M8R-F) is topping up its treasury with a $9.3-million financing.
NZ in mourning
The second last week of November saw tragedy descend on the normally idyllic West Coast region of New Zealand’s South Island, where an underground explosion killed 29 miners at the Pike River coking c…
WGC: Strong outlook for gold demand in Q4 2010
The following statement was recently released by the World Gold Council or WGC.
GFMS’ silver market review
On Nov. 17 at the annual New York silver dinner organized by the Silver Institute, the London- based GFMS presented its interim silver market review. Below are key points from the review:
Vale to invest $10B in Canada
Vale (VALE-N) says it will close its smelting and refining operations in Manitoba by 2015 because “mineral reserves in Thompson have not been sufficient to operate the smelter and refinery at full cap…
PEOPLE (November 29, 2010)
African Aura Mining — Martin White appointed project manager of New Liberty project.
TORONTO STOCK EXCHANGE -November 15-19
With investor mood dampened by concerns over China’s tightening fiscal policy and Europe’s woes with Ireland and Iceland, the Toronto Stock Exchange closed the Nov. 15-19 week higher, led by the finan…
TSX VENTURE EXCHANGE -November 15-19
The third week of November saw the S&PTSX Venture composite index lose more than it gained for the first time since July: the board lost 84.22 points in the first two days of the week, but recover…
U.S. MARKETS -November 15-19
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones industrial average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to…
SPOT PRICES (November 29, 2010)
COURTESY OF SCOTIABANK
LME WAREHOUSE LEVELS (November 29, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 22, 2010 (change from Nov. 15 in brackets):