Update:Bidding war heats up for Frontera Copper
A bidding war is emerging for Frontera Copper Corp. (FCC-T, FRCPF-O) that is pitting the Invecture Group against So…
2009
UEX eyeing 40 million lbs. U3O8 at Hidden Bay
Vancouver – This fall UEX (UEX-T) leveled its 2009 resource-estimate sights on a target of 40 million lbs. U3O8 at …
Xstrata throttles back Sudbury nickel output, chops 686 jobs
Continued low nickel prices are forcing Xstrata (XTA-L) subsidiary Xstrata Nickel to step up the shrinking of its n…
Short Position Report (February 09, 2009)
TSX Short PositionsShort positions outstanding at Jan 31/09 (…
Red Back Mining posts record production in Q4
Mines in Mauritania and Ghana posted record production in the fourth quarter for gold producer Red Back Mining…
Daily Metal Prices (February 09, 2009)
Date Feb. 2 Jan. 30 Jan. 29 Dec. 28 Dec. 27 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1035/1070 1035/1070 1011/1050 1061/1129 1060/11…
North American Stock Exchange Indices (February 09, 2009)
52-week Date Feb 2 Jan. 30 Jan. 29 Jan. 28 Jan. 27 High Low S&P/TSX-Ven Comp 872.82 882.63 880.54 869.92 867.87 2814.88 678.62 TSX Composite 8624.83 8694.90 8762.76 8906.23 8759.63…
B2Gold Swoops In On Central Sun
VANCOUVER — With only hours to go before a 5 p. m. deadline on Jan. 30, Linear Gold (LRR-T, LGCFF-O) dropped its bid for Central Sun Mining (CSM-T, SMC-N) instead of topping B2Gold’s (BTO-T, BGLPF-O)…
Freeport Defends Phelps Takeover After US$13B Writedown
VANCOUVER — Impairment and goodwill charges primarily related to Freeport-McMoRan Copper & Gold’s (FCX-N) acquisition of Phelps Dodge in March 2007 have come back to haunt it with a US$13.9-billi…
Eldorado Aims For 400,000 Oz. Gold Production In 2010
VANCOUVER — Although its yearend numbers and production forecasts suggest Eldorado Gold (ELD-T, EGO-X) is catching up to the majors, Eldorado chief financial officer Earl Price says: “We actually lik…
TSX Venture Short Positions (February 09, 2009)
Short positions outstanding at Jan. 15/09 (with changes from Dec. 31/08).
Canadian Gold Mutual Funds (February 09, 2009)
“Featured Fund: BMO precious metals as of 12/31/08 (in weighted order): Kinross Gold, Allied Nevada Gold, Agnico-Eagle Mines, Goldcorp, Red Back Mining, San Gold, Quadra Mining, Franco-Nevada, Lihir G…