Agnico Bewitched By Kittila
SITE VISIT Kittila, Finland — Finnish legend tells of a powerful witch named Paivio who lived in far northern Finland with the primeval Finnish shamans, famous for their magic. One…
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Lme Warehouse Levels (December 08, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 02, 2008 (change from Nov. 25 in brackets):
Spot Prices (December 08, 2008)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (December 08, 2008)
Antimony: Mid-mkt US$5,700 /t.
Uranium Price Will Rebound: Analysts
Despite the negative outlook for many other commodities, many analysts now forecast that uranium prices will go up in the medium-to longterm due to strong fundamentals: expanding demand from more reac…
On The Greenback, Gold And Global Growth
Global economic growth will be weak next year and commodity prices will remain under severe pressure. The consensus among many in the mining industry seems to be that metal prices won’t recover until …
Diamonds In For A Rough Ride, But Future’s Still Brilliant
Saskatoon, Sask. — As diamond producers and explorers alike consider the global financial situation, they know they are in for a rough ride. However, even before the financial crisis hit, most in the…
Daily Metal Prices (December 08, 2008)
Date Dec. 1 Nov. 28 Nov. 27 Nov. 26 Nov. 25 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1280/1340 1285/1330 1300.50/1331 1310/1351 1301…
North American Stock Exchange Indices (December 08, 2008)
52-week Date Nov. 24 Nov. 21 Nov. 20 Nov. 19 Nov. 18 High Low S&P/TSX-Ven Comp 739.12 766.35 748.23 731.39 719.96 2886.39 685.07 TSX Composite 8406.21 9270.62 8753.77 8643.52…
Global Financial Crisis Sends Deal Value Down
The value of mergers and acquisitions in the metals industry this year will fall far short of last year’s total and the outlook for the first half of 2009 doesn’t look very promising, PricewaterhouseC…
Metals Commentary: Gold: Has The Recovery Begun?
Vancouver– The yellow metal might have underperformed over the last few months, but recent price increases have prompted analysts to predict at least a short-term rally for gold, whether or not major…
Editorial: BHP Billiton Dodges A US$42B Bullet
The week ended Nov. 29, the 48th trading week of 2008, was characterized by a couple of things that didn’t happen.