U. S. MARKETS AUG. 5-11
Major U. S. indices were up during the Aug. 5-11 trading session, on the back of a continuing drop in the oil price. The Dow Jones Industrial Average added 167 points, or 1.4%, to 11,782; the S&P …
News
Rio Tinto to expand Corumba
Strong iron ore prices and rising demand in South America and the Middle East are behind Rio Tinto’s (RTP-N, RIO-L) latest announcement that it will invest US$2.15 billion in a major expansion of its …
NORTH AMERICAN STOCK EXCHANGE INDICES (August 18, 2008)
52-week Date Aug. 11 Aug. 8 Aug. 7 Aug. 6 Aug. 5 High Low S&P/TSX-Ven Comp 2015.35 2091.47 2130.19 2148.46 2142.44 3192.55 2013.80 TSX Composite 13203.19 13341.74 13385.17 13…
TSX VENTURE SHORT POSITIONS (August 18, 2008)
Short positions outstanding at July 31/08 (with changes from July 15/08).
NovaGold sees class action over Galore Creek
A class action lawsuit has been filed against NovaGold Resources (NG-T, NG-N) claiming the company and certain officers issued false and misleading statements about the costs, progress and viability o…
Xstrata eyes Lonmin’s platinum
Xstrata (XSRAF-O, XTA-L) wants to widen its reach in its efforts to become the world’s pre-eminent diversified miner.
Crandall Canyon disaster may lead to huge settlement
VANCOUVER–Among other defendants, American coal giant Murray Energy wants to settle out of court a complaint filed against it by families of victims who died or were injured in the Crandall Canyon mi…
Wesdome Gold chases the next million ounces
SITE VISIT WAWA, ONT. — A gold dor bar doesn’t look all that heavy but it takes a bit of effort to lift 961.5 troy oz. of gold compacted into…
Western Copper jumps environmental hurdle at Carmacks
VANCOUVER — An OK from the Yukon Environmental and Socioeconomic Board (YESAB) on Western Copper’s (WRN-T, WCPCF-O) Carmacks copper project paves the wayfor a mining licence, Julien Francois, Western…
Small, rich resource for Avino (August 18, 2008)
VANCOUVER–A solid resource estimate for one vein near the historic Avino mine is bolstering hopes that Avino Silver & Gold Mines (ASM-V, ASGMF-O) will soon be able to restart the mine that Spania…
DAILY METAL PRICES (August 18, 2008)
Date Aug. 11 Aug. 8 Aug. 7 Aug. 6 Aug. 5 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2495/2530 2471/2520 2475/2535 2480/2530 2500/2520 …
Hathor continues to hum (August 18, 2008)
Hathor Exploration (HAT-V)wants to attract major interest in its Midwest NorthEast project in the Athabasca basin, and with its latest drill holes it continues to do just that.