UBS ups targets for Ivanhoe and Mongolia mine
Vanouver – Ivanhoe Mines’ (IVN-T, IVN-N) massive Oyu Tolgoi copper project in Mongolia is likely to be much larger …
News
Metallica gets $30 million bought deal boost
Vancouver – Metallica Resources (MR-T, MRB-X) has arranged a $30 million bought deal financing enabling it to conti…
Rubicon to spin off African and Newfoundland assets
It’s been a long time coming, but there is light at the end of the tunnel for Rubicon Minerals (RMX-T, RBY-X), whic…
HudBay budgets $45 million
As part of a plan to develop marginal deposits while metal prices are high, HudBay Minerals (HBM-T) will be spe…
Toronto Stock Exchange Nov. 21-27
The Toronto composite index touched an all-time high of 12,676.85 points on Nov. 27, pulling back slightly that day to finish at 12,542.45. That capped a reporting period of Nov. 21-27 where all-time …
U.S. Markets Nov. 21-27
A combination of concern over the weakness in the U.S. dollar and forecasts of softening retail sales helped to push the Dow Jones Industrial Average down 195.8 points to 12,121.71 during the Nov. 20-…
TSX Venture Exchange Nov. 21-27
Modest rallies in precious and base metals prices gave some buoyancy to the junior mining-dominated S&P-TSX Venture Composite Index, gaining 4.5% or 117.91 points over the Nov. 21-27 trading sessi…
LME Warehouse Levels (December 04, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 27, 2006 (change from Nov. 20 in brackets):
Daily Metal Prices (December 04, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices Courtesy of Scotiabank Tuesday, Nov. 28, 2006
Precious Metals Price (US$/oz.) Change Gold $637.75 +12.75 Silver $13.44 +0.52 Platinum $1155.00 -235.00 Palladium $326.00 -3.00 Base Metals Price (US$/lb.) Change Nickel $15.68 +0.81 Lead $0.72 -0.08 Copper $3.19…
International Quotes (December 04, 2006)
Australia (A$) Nov 27 Nov 20 Change Bendigo Mining 0.81 0.77 0.04 Centamin Egypt 0.70 0.68 0.02 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.30 0.27 0.03 Kingsgate Cons. 4.23…
Dividends (December 04, 2006)
Company Div. Pay Record ($) Date Date Phelps Dodge 0.20* Dec 1 Nov 16 Cleve-Cliffs 0.125* Dec 1 Nov 24 Russel Metals 0.40 Dec 15 Nov 15 Barrick Gold 0.11*…