Lucara Builds On African Assets
Lucara Diamond (LUC-V) is acquiring a big stake in the AK6 diamond project in Botswana.
News
Cliffs Wins Freewest’s Chromite
Noront Resources’ (NOT-V) failed hostile takeover bid for Freewest Resources Canada (FWR-V) last month jolted Cliffs Natural Resources( CLF-N)out of complacency — prompting the world’s largest iron o…
Mexican Environmental Agency Shutters New Gold Mine
VANCOUVER — It seems New Gold( NGD-T, NGD-X) has little room to appeal an order to cease operations at its producing Cerro San Pedro mine in Mexico — a decision that the attorney general of the Mexi…
Gleichen Gets Teck’s Morelos Gold Project
VANCOUVER — On the heels of closing a $241-million financing, Gleichen Resources (GRL-V) has acquired Teck Resources’ (TCK. B-T, TCK-N) 78.8% stake in the Morelos gold project for US$150 million and …
People (November 30, 2009)
Atacama Minerals — Tim Miller appointed president, CEO and a director, replacing a retiring Edward Posey.
Cabo Drilling Boosts Its Treasury
North Vancouver-based driller Cabo Drilling (CBE-V) is planning to use a $870,000 private placement to build its equipment arsenal at a time when discounts are plentiful.
Cliffs Warms To Ring Of Fire
Ontario’s enticing but remote Ring of Fire polymetallic exploration camp took another step towards becoming a mining centre in late November with the first significant move into the camp by a miner ac…
PDAC Makes Pre-Budget Proposals
— The following is an edited excerpt of the Prospectors and Developers Association of Canada’s (PDAC) pre-budget recommendations to the federal government.
LME Warehouse Levels (November 30, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, November 24, 2009 (change from Nov. 17 in brackets):
Spot Prices (November 30, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (November 30, 2009)
Antimony: Mid-mkt US$6,050/t.
Daily Metal Prices (November 30, 2009)
Date Nov. 23 Nov. 20 Nov. 19 Nov. 18 Nov. 17 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1780.50/1820 1725/1760 1790/1820 1775/1810 176…