LME WAREHOUSE LEVELS (September 22, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 16, 2008 (change from Sept. 9 in brackets):
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TSX SHORT POSITIONS (September 22, 2008)
Short positions outstanding at Aug. 31/08 (with changes from Aug. 15/08). 4096432 1511055 1315354 1241900 1032021
LENDING RATES (September 22, 2008)
as of 9 a. m. ET, Sept. 16, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime …
Bear Creek boosts Santa Ana silver (September 22, 2008)
VANCOUVER — A new resource estimate for Bear Creek Mining’s (BCM-V, BCEKF-O) Santa Ana silver deposit in southern Peru has almost tripled measured and indicated resources.
From Pine Point, Tamerlane sees beyond metals trough
With commodity prices tumbling all around it, Tamerlane Ventures (TAM-V) has finished a bankable feasibility study for its Pine Point project, in the Northwest Territories, 130 km south of Yellowknife…
Romarco expands Haile resource
Romarco Minerals (R-V, RTRAF-O) has nearly doubled resources at the past-producing Haile gold mine in South Carolina, prompting the company to change its mine plan design to 7,000 tons per day from 4,…
Industry Outlook Luncheon Featured Speaker (September 22, 2008)
Frederick Sturm, Executive Vice President and Chief Investment Strategist, has been a member of Mackenzie’s
EXCHANGE RATES (September 22, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 15 Sept. 12 Sept. 11 Sept. 10 Sept. 9 US$ in C$ 1.0677 1.0609 1.0796 1.0738 1.0679 C$ in US$ 0.9366 0.9426 0.9263 0.9313…
DIVIDENDS (September 22, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv…
NovaGold takes another run at Galore Creek
DENVER, COLO.–After halting construction of its Galore Creek copper and gold mine in British Columbia last November when estimated costs more than doubled to $5 billion, NovaGold Resources’ (NG-T, NG…
NWMA Meeting Registration Information (September 22, 2008)
Registration is required for admittance to sessions and exhibits and will be strictly enforced. To receive the pre-registration fee (or comp in the case of speakers, chairs and exhibitors) your regist…
INTERNATIONAL QUOTES (September 22, 2008)
Australia (A$) Sept 16 Sept 9 Change Bendigo Mining 0.15 0.17 -0.02 Kingsgate Cons. 4.50 4.47 0.03 Lion Selection Ltd 1.38 1.45 -0.07 Newcrest Mining 21.45 21.20 0.25 …