HudBay Minerals (hbm-t, hbm-n) is looking to venture farther south than it ever has before to acquire its next project. The company has made a friendly $520-million pitch to Norsemont Mining’s (nom-t) shareholders in the hope of nabbing…
The first week of 2011 saw the public release of a candid and rather damning report by a Newfoundland and Labrador government-appointed commission on the 17-month strike by 120 members of United Steelworkers Local 9508 at Vale’s Voisey’s Bay…
When it comes to metals with the best fundamentals, the consensus for 2011 seems to be that copper wins hands down. The industrial metal already rose more than 30% in 2010.”Everybody seems to be bullish on copper and I hate to be a consensus…
Global Change for Children (GC4C) will kick off its 2011 fundraising campaign at Mineral Exploration Roundup, to be held Jan. 24-27 in Vancouver.In keeping with the conference theme, “Exploring Today for Tomorrow’s Resources,” the registered…
Paul Lamond Smith (b. 1934) died peacefully at home on Jan. 8 in Shubenacadie, N.S.Born in Halifax, Smith studied geology at Mount Allison University. He worked in the mining industry in northern Ontario; Elliot Lake and at Kid Creek Mine in…
The resource-heavy TSX composite index closed the holiday-shortened Jan. 4-7 week for a loss as commodity prices pulled back from record territory on generally positive U.S. economic news that sent gold into a tailspin.The index fell 170.92…
The shortened first week of trading in the New Year saw the S&P-TSX Venture composite index drop 62.46 points between Jan. 4 and 7 to end at 2,225.39. Volumes were back to a brisk pace, averaging 164 million shares traded daily. Despite the…
The first trading week of the New Year saw the Dow Jones industrial average edge up 97.25 points to 11,674.76 while the S&P 500 index rose 13.86 points to 1,271.50. The Nasdaq composite was up 50.3 points to 2,703.17. Twenty-seven miners on…
Tuesday, Jan. 10, 2011Precious Metals Price (US$/oz.) ChangeGold $1381.50 +0.50Silver $29.54 +0.47Platinum …
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 10, 2010 (change from Jan. 4 in brackets):Aluminium Alloy 69820 (-160)Aluminium 4369500 …
Antimony: Mid-mkt US$10,100/tBismuth: Mid-mkt US$9.35/lb.Cadmium: Mid-mkt US$1.70/lb.Coal: EIA Central Appalachian thermal, US$77.40/t; Powder River Basin thermal, US$13.50/t; Northern Appalachian, US$70.00/t; US EIA metallurgical, US$163.81/t….
Date Jan. 10 Jan. 7 Jan. 6 Jan. 5 Jan. 4BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)Al…
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