Editorial: Girding up for an uncertain 2012
The final week of 2011 was a time to celebrate making it through another year, tally wins and losses and look to the market uncertainty that will most likely be our fate in the year ahead.
Stock Markets/Investing
TSX Venture short positions
Short positions outstanding at Nov. 30/11 (with changes from Nov. 15/11).
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
International Minerals completes PEA on Converse
At a base-case gold price of US$1,300 per oz. and US$25 per oz. for silver and throughput of 45,000 tonnes per day, an open-pit mine at International Minerals’ (IMZ-t) Converse project in Nevada returns a pre-tax, non-discounted cash flow of…
Short Position Report
2011 a lackluster year for the TSX
The TSX Composite Index ended the Dec.21-30 trading period up as signs that the U.S. economy was improving offset worries of Europe unraveling. The index gained 238.21 points to end the last trading day of the year at 11, 955.09. But the…
Venture ends 2011 at under 1,500 points
The S&P TSX Venture Composite Index managed a modest year-end rally of 77.27 points over the holiday-spanning December 21-30 trading period, bringing the index to a year-end close of 1,484.66 points. In comparison, at the end of 2010 the…
U.S. equities rise in Dec. 21-30 trading period
While the European debt crisis continued to weigh heavily on international investors, better than expected economic data in the U.S. drove a pre-holiday rally in U.S. equities. The number of Americans filing new claims for unemployment benefits…
Spot prices
Thursday, Dec 20, 2011
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 19, 2011 (change from Dec. 12 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$13,500.00/t
Daily metal prices
DateDec 19Dec 16Dec 15Dec 14Dec 13