DAILY METAL PRICES (May 12, 2008)
Date May 5 May 2 May 1 April 30 April 29 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 2610/2640 2645/2680 2695/2725 …
News
High costs leach revenues at Endeavour Silver (May 12, 2008)
Endeavour Silver (EDR-T, EXK-X) posted record production and revenue last year, but escalating cash costs and a US$1.3-million write down from soured investments in asset-backed commercial paper, ate …
NORTH AMERICAN STOCK EXCHANGE INDICES (May 12, 2008)
52-week Date May 5 May 2 May 1 April 30 April 29 High Low S&P/TSX-Ven Comp 2493.76 2495.51 2463.91 2455.06 2432.89 3372.00 2340.21 TSX Composite 14274.34 14280.28 14065.81 13…
TSX VENTURE SHORT POSITIONS (May 12, 2008)
Short positions outstanding at Apr. 30/08 (with changes from Apr. 15/08). Largest Short Positions Peak Gold PIK 4256400 -1430500 Copper Creek CPV 2405000 2405000 Westernzagros W…
TSX SHORT POSITIONS (May 12, 2008)
Short positions outstanding at Apr. 30/08 (with changes from Apr. 15/08). Largest Short Positions Yamana Gold YRI 29175691 3056885 Equinox Min EQN 25908975 7579497 Lundin Mining LU…
Crowflight prepares to take off at Bucko Lake (May 12, 2008)
If everything goes according to plan, Crowflight Minerals (CML-V, CMLGF-O) could begin production at its Bucko Lake nickel project, in Manitoba, toward the end of the summer, says Greg Collins, vice-p…
Schulich hikes Starfield stake (May 12, 2008)
Famed mining entrepreneur Seymour Schulich has increased his holdings in Starfield Resources (SRU-T, SRFDF-O).
Ur-Energy study finds potential at Lost Creek
A preliminary economic assessment on Ur-Energy’s (URE-T, UREGF-O) Lost Creek uranium deposit in Sweetwater Cty., Wyo., found that the project would be economic at uranium prices above US$40 per lb.
Copper drives Teck Cominco’s Q1 earnings
VANCOUVER — A higher Canadian dollar and lower coal and zinc prices trimmed the net earnings of Teck Cominco (TCK. B-T, TCK-N) in the first quarter of 2008, despite improved copper prices and the str…
Goldsource sourcing the coal
Goldsource Mines (GXS-V) might have gold in its name, and it might be looking for Canadian diamonds, but it’s a coal seam intersect that has propelled the company’s shares to new heights.
High-grade gold at Rubicon’s Phoenix
The Phoenix gold project’s new F2 zone in Ontario’s Red Lake camp is yielding more high-grade gold intercepts for Rubicon Minerals ( RMX-T, RBY-X)
San Agustin shows potential for Geologix
VANCOUVER–Finally finished with drilling limited by an option agreement, Geologix Explorations (GIX-V) started expansion drilling at the San Agustin polymetallic project in Durango, Mexico, and was i…