Kitikmeot Cementation Mining and Development (KCMD), has signed a letter of intent with Newmont Mining (NMC-T, NEM-N) subsidiary Hope Bay Mining Ltd. to carry out underground development at the Doris …
Acadian Mining– Will Felderhof resigned as president and CEO; Terry Coughlan resigned as VP of investor relations and a director; Allan Trench appointed chairman; Peter Lee appointed interim presiden…
In our article about Equinox Minerals’ Lumwana mine ( T. N.M., Feb. 22-28/10) we incorrectly stated First Quantum Minerals held a 19.25% interest in Equinox. First Quantum actually holds a 16.32% inte…
The TSX composite index finished the Feb. 16-22 period slightly higher as markets were still digesting the U.S. Federal Reserve’s surprise raising of the discount rate.
Despite the Winter Olympics keeping news flow quieter than usual in Vancouver, Feb. 16-22 was a busy trading week for the S&P TSX Venture composite index. The board ended the week up 8.33 points a…
U.S. markets were unfazed by the U.S. Federal Reserve’s first interest rate hike since December 2008. The Fed raised the emergency lending rate it charges banks from 0.5% to 0.75%, citing improved fin…
COURTESY OF SCOTIABANK
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, February 23, 2010 (change from Feb. 16 in brackets):
Antimony: Mid-mkt US$5750.00/t.
Date Feb. 22 Feb. 19 Feb. 18 Feb. 17 Feb. 16 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1925/1960 1896/1935 1896.50/1930 1885/1915 188…
*as of Dec. 31/09
52-week Date Feb. 22 Feb. 19 Feb. 18 Feb. 17 Feb. 16 High Low S&P/TSX-Ven Comp 1528.47 1531.90 1523.68 1518.72 1520.14 1628.72 809.03 TSX Composite 11634.75 11709.29 11694.84 …
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