Centamin Set To Bring Gold Mining Back To Egypt
After a long hiatus, Egypt is on the cusp of getting a new major gold mine.
News
Newmont Posts Record Revenues In 2008
Newmont Mining (NMC-T, NEM-N) saw higher multiples in 2008, with the gold major posting revenues of about US$6.2 billion for the year, up 12% over 2007’s US$5.5 billion.
LME Warehouse Levels (March 02, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 24, 2009 (change from Feb. 17 in brackets):
First Majestic To Raise $25M
VANCOUVER–With its share price on the rebound and solid silver production in 2008, First Majestic Silver (FR-T, FRMSF-O) is raising $25 million through a private placement led by CIBC World Markets.
Volta Defines Copper-Gold Resource In Burkina Faso
VANCOUVER — A few days after its joint-venture partner returned full ownership of the Gaoua coppergold property in Burkina Faso to Volta Resources (VTR-T, VLTAF-O), the junior announced a sizable ini…
Spot Prices (March 02, 2009)
COURTESY OF SCOTIABANK
Assay Lab ‘Oops’: Northern Freegold Hits Bonanza-Grade
VANCOUVER — Northern Freegold (NFR-V, NFRGF-O) CEO Bill Harris and president Susan Craig suspected the assay results of a drill intercept from the Nucleus zone of its Freegold Mountain property in th…
Daily Metal Prices (March 02, 2009)
Date Feb. 23 Feb. 20 Feb. 19 Feb. 18 Feb. 17 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1125/1155 1110/1135 1105/1149 1101/1131 1120/1…
US Beryllium Supply On The Pentagon’s Radar
The United States Department of Defense and a special Pentagon board have published a report calling high-purity beryllium a “critical material” for national security and warning that domestic sources…
North American Stock Exchange Indices (March 02, 2009)
52-week Date Feb 23 Feb. 20 Feb. 19 Feb. 18 Feb. 17 High Low S&P/TSX-Ven Comp 878.94 892.90 902.10 915.82 919.16 2814.88 678.62 TSX Composite 7647.67 7949.99 8185.35 8175.95 …
Boardroom Friction Heats Up For Polar Star
The war being waged in the boardroom of Polar Star Mining (PSR-V, POSRF-O) just got uglier.
Producer And Dealer Prices (March 02, 2009)
Antimony: Mid-mkt US$4,400 /t.