LME Warehouse Levels (January 22, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 15, 2006 (change from Jan. 8 in brackets):
News
Diamonds North and Majescor identify targets on Banks Island
Highly compelling kimberlite indicator mineral chemistry and a newly completed airborne geophysical survey over a portion of the Banks Island diamond project in Canada’s high Arctic has provided Diamo…
Aberdeen finds royalty niche in high-risk countries (January 22, 2007)
While Aberdeen International (AAB-V, AABVF-O) has scored only one gold royalty project since changing directions more than a year ago, the company’s president still believes there’s a niche to be fill…
Norilsk CEO freed from jail
Norilsk Nickel (NILSY-O, MNOD-L) CEO Mikhail Prokhorov was released by French police in early January after being held in jail for three days for his role in a suspected prostitution ring.
TSX goes global with gold index (January 22, 2007)
To suit its beefed-up list that now includes non-Canadian gold companies, the S&P-TSX Capped Gold Index was renamed the Global Gold Index on Dec. 18.
Rio Tinto rethinks Sweetwater sale
Vancouver — A hot uranium market has prompted Rio Tinto (RTP-N, RIO-L) to pull the proposed sale of its Sweetwater assets in Wyoming to sxr Uranium One (SXR-T, SXRFF-O) and contemplate developing the…
Editorial: Is that it for copper? (January 22, 2007)
Copper mining executives and investors who thought they might settle gently back into work after the holidays got a nasty jolt in the first half of January, as spot copper prices dropped US45, or 15….
People (January 22, 2007)
Alcan — Michel Jacques appointed president and CEO of subsidiary Alcan Primary Metal Group; Christel Bories appointed president and CEO of subsidiary Alcan Engineered Products; Ilene Gordon appointed…
Spot Prices Courtesy of Scotiabank Tuesday, Jan. 16, 2006
Precious Metals Price (US$/oz.) Change Gold $625.60 +13.60 Silver $12.84 +0.48 Platinum $1140.00 +16.00 Palladium $331.00 -3.00 Base Metals Price (US$/lb.) Change Nickel $16.03 +1.11 Lead $0.75 +0.03 Copper $2.56…
Producer and Dealer Prices (January 22, 2007)
Antimony : Mid-mkt US$5,375/t.
TSX Venture Rights & Warrants (January 22, 2007)
Agnico Eagle Mines (AEM.WT.U) — Wt buys sh @ US$19 to Nov 14/07.
Dividends (January 22, 2007)
Company Div. Pay Record ($) Date Date Noranda Incm Fd 0.085 Jan 25 Dec 31 Goldcorp 0.015* Jan 26 Jan 19 Agnico Eagle 0.12* Jan 29 Jan 15 Aur Res…