Daily Metal Prices (October 23, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Articles by Northern Miner Staff
TSX Venture Exchange October 10-16
Trading on the TSX Venture Exchange showed definite signs of life over the Oct. 10-16 report period as bargain-hunting investors bid up resource stocks battered by the commodity correction of late sum…
Crescent Gold nears production Down Under
LAVERTON MINE TO POUR GOLD BY YEAR-END
African Copper to go ahead at Dukwe (October 23, 2006)
African Copper (ACU-T, AFNCF-O, ACU-L) will start construction of a mine at the Dukwe copper project in Botswana, with the hope of starting production in 2008.
Beacon mill sold
Northern Star Mining (NSM-V, NSMSF-O) continues its garage-sale prowl in northwestern Quebec’s Abitibi region. Having already bought a bargain headframe and hoist for its underground operation at Midw…
U.S. Markets October 10-16
Modest rises on United States stock markets were overshadowed by big gains in the mining equities during the reporting period Oct. 10-16. While the Standard & Poor’s 500 index rose just 18.39 poin…
First Metals heading underground at Fabie
The province of Quebec has issued a permit to First Metals (FMA-T) to extract a 50,000-tonne bulk sample from the Fabie Bay copper deposit in northwestern Quebec, allowing quick feasibility work on th…
Nuinsco readying estimate at Lac Rocher (October 23, 2006)
A 2,087-metre drill program at the Lac Rocher nickel prospect in northwestern Quebec should allow Nuinsco Resources (NWI-T, NUIRF-O) to put together a resource figure for the zone it discovered in 199…
Barrick extends NovaGold bid, again
Vancouver — Barrick Gold (ABX-T, ABX-N) has again extended its takeover bid for NovaGold Resources (NG-T, NG-X), pushing back the expiry date for the offer until Oct. 24.
Schaft Creek drilling returns high-grade gold for Copper Fox (October 23, 2006)
Vancouver — Partial assays from initial 2006 drilling at Copper Fox Metals’ (CUU-V, CPFXF-O) Schaft Creek project, in northwestern British Columbia, indicate a new high-grade gold zone.
Axmin tallies Sierra Leone gold resource (October 23, 2006)
Axmin (AXM-V, AXMIF-O) has released an initial resource estimate for its grassroots Komahun prospect, which forms part of its Nimini Hills project in Sierra Leone.
International Quotes (October 23, 2006)
Australia (A$) Oct 16 Oct 9 Change Bendigo Mining 1.00 1.02 -0.02 Centamin Egypt 0.65 0.67 -0.02 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.33…