Shareholders have given the go-ahead for Sierra Minerals and privately- held Goldgroup Resources to combine their assets in Mexico in a merger they hope will create an intermediate gold producer with …
Rio Tinto (RIO-N, RIO-L) stands to be one of the biggest losers if Australia passes a proposed 40% tax on windfall profits on all operating mines in Australia and it appears the U.K.-headquartered min…
Alcoa — Klaus Kleinfeld elected chairman and CEO, succeeding a retiring Alain Belda; Frank Thomas and Henry Schacht retiring as directors; Arthur Collins, Jr. elected a director.
It was a wild ride for the TSX composite index over the May 4-10 period.
The S&P/TSX Venture composite index dropped during the May 4-10 trading period, following jitters about Greek sovereign debt and wild market trading, possibly caused by runaway computer trading. T…
A US$1-trillion emergency rescue package to contain Greece’s debt crisis is not a long-term fix for the problems afflicting Europe but was enough to resurrect U.S. equity markets after their biggest-e…
COURTESY OF SCOTIABANK
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 11, 2010 (change from May 4 in brackets):
Antimony: Mid-mkt US$9,333.33/t.
Date May 10 May 7 May 6 May 5 May 4 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1980/2020 1941/1975 1925/1950 1951/1980 2050/2075 Alumi…
Featured Fund: AGF Precious Metals (US$) as of 08/31/09 (in weighted order): Goldcorp, Kinross Gold, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, Inmet Mining, Eldorado Gold, Randgold, Osisko …
52-week Date May 10 May 7 May 6 May 5 May 4 High Low S&P/TSX-Ven Comp 1590.76 1549.35 1562.68 1597.14 1622.41 1691.10 1027.29 TSX Composite 11947.90 11692.43 11842.43 11875.13 12030.86…
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