Upkeep Brings Suncor Output Down
A drop in production at its Fort McMurray, Alta., oilsands operation has prompted Suncor Energy (SU-T, SU-N) to lower its 2007 production forecast to 255,000-265,000 barrels per day (bpd) from a maxim…
News
Resource nationalism
Among the challenges facing the mining industry in the 21st century is the resurgence of resource nationalism.
Bid-Ask — May 15-21, 2007
STOCK EXC BID ASK LAST HIGH LO Agau Res V 0.40 0.46 0.43 0.66 0.30 Allied Nevada T 5.31 5.49 5.35 6.50 4.50 Andean Res T 0.60 0.70 … 0.69…
Lending Rates (May 28, 2007)
as of 9 a.m. ET, May 21, 2007(%)
Grieco Brothers Killed in Plane Crash
Brothers Frank and Joe Grieco, principals of Oshawa, Ont.-crusher manufacturer PR Engineering, died in a small plane when it crashed attempting to land at an airstrip in Dunkirk, N.Y.
Syncrude Earns $713 Million in Q1
Syncrude Canada’s newest coker may have gotten off to a rocky start, but overall, the expansion of its Fort McMurray, Alta.-area oilsands project has resulted in a huge first-quarter gain in earnings …
Gold Reserve Closes US$164M Financing
Vancouver — Gold Reserve (GRZ-T, GRZ-X) has closed a US$164.2-million financing announced in early May, paving the way for construction to begin at its major holding, the Brisas gold-copper project i…
People (May 28, 2007)
Alma Res. — Clint Sharples appointed director.
Southern Arc Up After Typo Corrected
A typo on a press release outlining recent drill results on Southern Arc Minerals’ (SA-V, SOACF-O) West Lombok copper-gold property, in Indonesia, delayed an enthusiastic market reaction to news of a …
Producer and Dealer Prices (May 28, 2007)
Antimony: Mid-mkt US$5,345/t.
LME Warehouse Levels (May 28, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 21, 2007 (change from May 14 in brackets):
Daily Metal Prices (May 28, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)