Daily Metal Prices (March 19, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Articles by Northern Miner Staff
Indonesian drilling encourages Southern Arc (March 19, 2007)
Vancouver — Scout drilling by Southern Arc Minerals (SA-V, SOACF-O) at its West Lombok property on Lombok Island, Indonesia, is indicating a number of exten-sively gold-mineralized breccia vein syste…
Eastmain increases resources with new James Bay property (March 19, 2007)
Somewhat fittingly, Eastmain Resources (ER-T, EANRF-O) has acquired the Eastmain Mine copper-gold-silver property in Quebec’s James Bay region from MSV Resources, a wholly owned subsidiary of Campbell…
Mena raises $72M, Rusoro takes over
Vancouver — Soon after closing a $72-million brokered private placement, gold explorer Mena Resources was absorbed by project partner Rusoro Mining (RML-V, RMLFF-O) in a pre-arranged merger deal.
Denison studying open pits at McClean, Hairhan
While chewing on two acquisitions, Denison Mines (DML-T, DNMIF-O) is digesting new resource estimates for the McClean Lake and Hairhan uranium deposits in Saskatchewan and Mongolia, respectively.
LME Warehouse Levels (March 19, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 12, 2007 (change from March 5 in brackets):
U.S. Markets March 6-12
Stock markets south of the line made good gains during the reporting period March 6-12, as the Standard & Poor’s 500 Index rose 32.48 points, or 2.4%, to 1,406.60.
TSX Venture Exchange March 6-12
Demonstrating some resilience to the recent Asian stock market flu, the S&P-TSX Venture Composite Index gained back more than half the ground lost the previous week over the March 6-12 trading ses…
Spot Prices Courtesy Of Scotiabank Tuesday, March 12, 2007
Precious Metals Price (US$/oz.) Change Gold $650.50 +5.90 Silver $12.92 -0.02 Platinum $1207.00 +18.00 Palladium $351.00 +7.00 Base Metals Price (US$/lb.) Change Nickel $21.13 +1.87…
Murgor sizes up Hudvam, Fon
Montreal-based Murgor Resources (MUG-V, MUGRF-O) has received preliminary resource figures for the Hudvam and Fon massive-sulphide deposits near Flin Flon, Man., from its consultants.
Trigon to acquire six Utah uranium mines (March 19, 2007)
Vancouver — Broadening its foray into the uranium field, the recently renamed Trigon Uranium (TEL-V, TELWF-O) is moving to grab six past-producing uranium mines in the White Canyon mining district of…
PDAC sends Bill Dennis award to The Rock
Allan Keats was careful to thank those who matter most when he took the podium as a representative of Newfoundland and Labrador’s Keats-Stares clan, and winner of the Bill Dennis Prospector of the Yea…