LME Warehouse Levels (November 05, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 29, 2007 (change from Oct. 22 in brackets):
Articles by Northern Miner Staff
TSX Venture Exchange Oct. 23-29
With gold rising to a 28-year high around US$790 per oz., junior miners strongly rallied over the Oct. 23-29 trading session. The S&P-TSX Venture Composite Index posted an almost 6% gain to close …
Andina boosts Volcan gold resource (November 05, 2007)
Vancouver — Almost 15,000 metres of recent drilling has served to substantially increase the resource at Andina Minerals’ (ADM-V, ADMNF-O) Volcan project, in Chile’s Maricunga gold belt.
Elkedra dazzles with 33.44-carat diamond
Australia’s Elkedra Diamonds (EDN-L, EDN-A) has recovered the largest diamond ever at its 100%-owned Chapada mine in Brazil — a 33.44-carat stone that recently sold for US$100,320, or US$3,000 per ca…
All positive for Mt. Milligan
Vancouver — A preliminary economic assessment of Terrane Metals’ (TRX-V, TRXOF-O) Mt. Milligan copper-gold project, in central B.C., paints a rosy picture of the large deposit’s potential.
EcuaGold goes after Ecuadorian copper
EcuaGold Resources (EGR-V, ECAUF-O) says it will acquire a 100% interest in a 31-sq.-km parcel of land from a private owner in Bolivar province, 180 km southwest of Ecuador’s capital, Quito.
Silver Eagle’s Miguel Auza gets bigger
A new resource calculation for Silver Eagle Mines (SEG-T, SVEGF-O) has substantially increased the indicated resource at the Miguel Auza deposit in Zacatecas state, Mexico.
Exmin pours gold at Moris
Vancouver — Exmin Resources (EXM-V, EXMFF-O) has officially entered the producer’s league following the first gold pour from its 30%-owned Moris mine in western Chihuahua state, Mexico.
Apex ships concentrate
Apex Silver Mines’ (SIL-X) has completed the first two shipments of concentrate from its San Cristobal property in southwestern Bolivia.
Anaconda drills high-grade iron ore at San Gabriel (November 05, 2007)
When Rio Tinto (RTP-N, RIO-L) found iron oxide copper-gold deposits 1,000 km north of Santiago, Chile, 10 years ago, it completed 11 reverse-circulation (RC) drill holes targeting magnetic anomalies. …
People (November 05, 2007)
Affinor Res. — Richard Arcand appointed director; Gary Nassif appointed VP of exploration; Gilles Provost resigned as VP of exploration and director; Gaetan Pelletier appointed CFO and director; Cynt…
Xstrata, Breakwater commit to cleanup
Xstrata Nickel and Breakwater Resources have made financial commitments for the next three years to support the Ontario Mining Association (OMA) and the Ministry of Northern Development and Mines’ Reh…