INTERNATIONAL QUOTES (October 27, 2008)
Australia (A$) Oct 21 Oct 14 Change Bendigo Mining 0.13 0.15 -0.02 Kingsgate Cons. 0.75 0.66 0.09 Lion Selection Ltd 1.30 1.39 -0.09 Newcrest Mining 22.37 26.65 -4.28 …
News
American Mining Hall of Fame to celebrate new inductees
On Dec. 6, geologists, prospectors and mine engineers will gather in Tucson, Ariz. for the 26th Annual American Mining Hall of Fame Awards Ceremony and Banquet.
U. S. MARKETS – OCT. 14-20
U. S. markets were down during the Oct. 14-20 trading session after investors realized that, although various government bailouts may revive credit markets and allow banks to resume lending, the world…
TORONTO STOCK EXCHANGE – OCT. 14-20
Sliding commodity prices and fears of a recession are haunting the Canadian economy: A new poll by the Conference Board of Canada found that consumer confidence fell this month to its lowest level sin…
TSX VENTURE EXCHANGE – OCT. 14-20
The S&P-TSX Venture Composite Index bounced up and down over the Oct. 14-20 trading session. On the first day of the week, it broke through the 1,000-point mark but by the next day it was back dow…
Agnico-Eagle on track with Meadowbank for 2010 (October 27, 2008)
Gold-bearing Archean greenstone belts were first discovered in the Baker Lake area of what is now Nunavut in the 1980s. Fast-forward 28 years and Agnico-Eagle Mines (AEM-T, AEM-n) is in the midst of b…
Cameco opens Alice Springs office, invests in Niger exploration (October 27, 2008)
Cameco (CCO-T, CCJ-n), the world’s largest uranium company, has opened an office in Alice Springs in Australia’s Northern Territory to help advance the Angela and Pamela uranium projects nearby. A joi…
Capital Gold posts record production at El Chanate (October 27, 2008)
Capital Gold (CGC-T, CGLD-o) has managed to keep a tight lid on costs at its El Chanate gold mine in Mexico during the operation’s first fiscal year.
LME WAREHOUSE LEVELS (October 27, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 21, 2008 (change from Oct. 14 in brackets):
SPOT PRICES (October 27, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (October 27, 2008)
Antimony: Mid-mkt US$6,383.33/t.
Study puts Stornoway’s Aviat on the diamond map
A conceptual study suggests that Stornoway Diamond (SWY-T, SWYDF-o) could find 24.1 to 40.3 million carats of diamonds in the Eastern Sheet Complex of its Aviat project, in eastern Nunavut.