TSX Venture Exchange December 9-15
A modicum of confidence managed to infiltrate the TSX Venture Exchange during the Dec. 9-15 trading session. The Venture board climbed 18.73 points out of the high 600s to close at 716.81 points. High…
2008
Lme Warehouse Levels (December 22, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 16, 2008 (change from Dec. 9 in brackets):
Iberian Back In Black With Hedges
Vancouver — Iberian Minerals (IZN-V, IZNFF-o) is now debt-free at its Aguas Tenidas copper-zinc project, 110 km northwest of Seville, Spain.
Dogpaw Fetches Good Grades For Houston Lake
Seventy-six per cent of the holes Houston Lake Mining (HLM-V, HLKMF-o) has drilled on its Dogpaw Lake property, near Kenora, Ont., have intersected values of 3 grams gold per tonne or higher.
Intrepid Hits Lengthy Gold Intervals In Indonesia
Vancouver — Recent drilling at Zone A of the Tumpangpitu prospect delivered Intrepid Mines (IAU-T, IAU-a) its best oxide drill results to date from the Tujuh Bukit property, near the eastern tip of J…
Spot Prices (December 22, 2008)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (December 22, 2008)
Antimony: Mid-mkt US$4,850 /t.
Teck To Close Pend Oreille Zinc Mine
Vancouver — As part of its efforts to wrestle down nearly US$10 billion of debt, Teck (TCK. B-T, TCK-n) will suspend operations at the Pend Oreille zinc mine, in northeastern Washington, two months f…
Scott Lake Delivering For Cogitore
Cogitore Resources (WOO-V) reported its best-ever zinc grades from recent drilling at Scott Lake, near Chibougamau, Que.
Fortress Cuts High-Grade At Svetloye
Vancouver– Fortress Minerals (FST-V, FTMNF-o) has pulled a long and tantalizingly high-grade gold intercept from the Amy zone at its Svetloye property, 220 km southwest of Okhotsk, in Russia’s Far Ea…
BHP OKs Aussie Iron Ore Expansion
BHP Billiton (BHP-N, BLT-l) has approved an expansion at its iron ore mining operations in Western Australia, which will raise production by 50 million tonnes to 205 million tonnes per year in 2011.
Daily Metal Prices (December 22, 2008)
Date Dec. 15 Dec. 12 Dec. 11 Dec. 10 Dec. 9 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1120/1180 1140/1180 1140/1210 1110.50/1170 1105…