Cancor looks to start Algerian mining boom
The fervor in the voice of Cancor Mines (KCR-T, CAOMF-O) president Kamil Khobzi is hard to miss when he talks about exploring in Algeria.
Articles by Northern Miner Staff
Producer and Dealer Prices (July 02, 2007)
Antimony : Mid-mkt US$5,300/t.
Daily Metal Prices (July 02, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Brazil becomes cornerstone for Kinross
Finding and developing new reserves to replace mined ounces is a constant struggle for gold producers, especially in today’s heated gold market where the competition for projects is fierce and permitt…
Spot Prices Courtesy of Scotiabank Tuesday, June 26, 2007
Precious Metals Price (US$/oz.) Change Gold $649.55 -5.55 Silver $12.85 -0.34 Platinum $1,281 -8.00 Palladium $369 +0.50 Base Metals Price (US$/lb.) Change Nickel $17.42 -1.58…
LME Warehouse Levels (July 02, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 25, 2007 (change from June 18 in brackets):
Breakwater reserves up 50% at El Toqui (July 02, 2007)
Breakwater Resources’ (BWR-T, BWLRF-O) latest reserve increase for its El Toqui zinc project has given the company the confidence to initiate a prefeasibility study for a 1-million-tonne-per-year mill…
Market likes Gulfside’s coal deal
Vancouver — Investors took a shine to Gulfside Minerals’ (GMG-V, GMGLF-O) plan to acquire the Monster coal project in southwestern Mongolia and boosted the company’s share price by 26% in recent trad…
Baruun Naran gets resource boost
Vancouver — More than doubling the previous tonnage estimate, QGX (QGX-T, QGXLF-O) has released a revised resource calculation for its Baruun Naran coal deposit in the Gobi region of southern Mongoli…
Luna running with Piaba
Vancouver — Luna Gold (LGC-V, LGCU-O) has only held the Piaba gold project in Brazil for half a year, but the company is moving the site forward as quickly as possible, aiming for production by early…
U.S. Markets June 19-25
Rising bond yields continued to be a worry on United States equity markets during the trading period June 19-25, pushing the Standard & Poor’s 500 Index down 2.2% to 1,497.74 and the Dow Jones Ind…
TSX Venture Exchange June 19-25
A modest slip in the bullion price prompted the S&P-TSX Venture Composite Index to close out the June 19-25 trading session on an off note, down 36.29 points at 3,189.89. Average daily trading vol…