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Archive for May 7th, 2008

World gold supply trend ‘tragic’ - Barrick founder Munk

Creamer Media’s Mining Weekly 06-May-2008
By: Liezel Hill
The failure of the gold-mining industry to find and exploit large new deposits of the yellow metal was “tragic”, Barrick Gold chairperson and acting CEO Peter Munk said on Tuesday.
“The supply side is tragic…it is the very challenge that keeps a company like Barrick and the remaining few major […]

Commodity Prices - May 7, 2008

Oil WTI Cushing $ 121.70
Gold N.Y. Spot $ 0867.15
Silver N.Y. Spot $ 16.59
Lead LME Cash $ 1.1249
Copper LME Cash $ 3.9191
Zinc LME Cash $ 1.0138
Nickel LME Spot $ 12.89
Aluminum LME Spot […]