U. S. MARKETS – SEPT. 30-OCT. 6
The U. S. government may have passed the US$700-billion bailout package into law on Friday, Oct. 3, but that hasn’t erased fears that it will take a long time to thaw frozen credit and get the economy…
News
Digby Wells & Associates joins Behre Dolbear Group
Minerals industry adviser Behre Dolbear Group has announced plans to acquire and join environmental solutions provider Digby Wells & Associates with its pre-existing firm Behre Dolbear Environment…
Excellon starts construction of Platosa mill
The permits are in for Excellon Resources (EXN-T, EXLLF-o) to build a new lead/zinc flotation mill at its high-grade silver-lead-zinc Platosa mine in Durango state, Mexico.
PEOPLE (October 13, 2008)
Abacus Mining — James Whittaker appointed project manager for the Afton-Ajax mine.
Stingray perserveres under Sonoran sun
Stingray Copper (SRY-T, SRYYF-o) is pushing ahead at its El Pilar copper porphyry project in Mexico’s Sonora region in difficult times.
Esperanza advances Cerro Jumil
Esperanza Silver (EPZ-v) has tabled the first resource estimate for its Cerro Jumil gold project in Mexico’s Morelos state, and is now in prefeasibility-study mode.
MAG Silver: In models we trust
Vancouver — Over five years, MAG Silver (MAG-T, MVG-x) has charted an impressive course for a Canadian junior, acquiring a half-dozen, primarily silver properties in Mexico, building its bank account…
It’s a smelter’s market, says ECU Silver
Suddenly, smelters in Mexico have the upper hand when making deals with small miners on concentrate shipments, says the president of ECU Silver Mining (ECU-T, ECUXF-o).
LME WAREHOUSE LEVELS (October 13, 2008)
Aluminium Alloy 80380 (1640) Aluminium 1387750 ( 11350) Copper 208350 (9750) Lead 65050 (800) Nickel 55260 (-810) Tin 5480 (-355) Zinc 161000 (5875)
SPOT PRICES (October 13, 2008)
Tuesday, Oct. 6, 2008 Precious Metals Price (US$/oz.) Change Gold $881.75 -15.25 Silver $11.64 -1.32 Platinum $1002.00 -45.00 Palladium $202.00 -1.00 Base Metals Price (US$/lb.) Change…
PRODUCER AND DEALER PRICES (October 13, 2008)
Antimony: Mid-mkt US$6,383.33/t.
Oro Gold gains on Mexican results
Vancouver — As share prices tumbled down all around, Oro Gold Resources (OGR-V, OGRSF-o) showed what kind of news it took to simply not lose ground during one of the worst days in the history of the …