Colombia’s untapped gold potential lures wary miners
VANCOUVER — Since 1997, the Fraser Institute has ranked the policy attractiveness of more than 60 mining jurisdictions based on a composite index with a maximum possible score of 100.
News
Gold Canyon boosts Cordero gallium resource (March 03, 2008)
VANCOUVER–Gold Canyon Resources’ (GCU-V, GDCRF-O) has significantly boosted the resource at its Cordero gallium project, in north-central Nevada’s Humboldt Cty.
New mill at La Guitarra to boost Genco’s production
With silver prices at the start of February 27% higher than a year earlier, Genco (GGC-T, GGCRF-O) wants to fast-track production expansion at its La Guitarra silver mine in central Mexico.
LME Warehouse Levels (March 03, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb 15, 2008 (change from Feb. 12 in brackets):
Roxmark tests potential to reopen Northern Empire (March 03, 2008)
Roxmark Mines (RMK-V, RMKMF-O) has started a 6,200-metre surface diamond-drill program at its Northern Empire mine property near Beardmore, Ont.
Eagle Two find keeps Noront soaring
News of another discovery at Noront Resources’ (NOT-V, NOSOF-O) Double Eagle project drove up the company’s share price 67to$5.50 over two days, with about 4.2 million shares changing hands.
Spot Prices (March 03, 2008)
COURTESY OF SCOTIABANK
High River buys nickel deposit in Russia
High River Gold Mines (HRG-T) has acquired a 100% ownership interest in a Russian nickel deposit for US$10.6 million.
Castillian, Marifil cut platinum in Argentina (March 03, 2008)
VANCOUVER — A batch of drill results from the Las Aguilas West deposit, in Argentina, has returned significant platinum values for joint-venture partners Castillian Resources(CT-V, CTIIF-O) and Marif…
Great Basin Gold ups Burnstone gold count by 41% (March 03, 2008)
VANCOUVER–An ongoing exploration program at Great Basin Gold’s (GBG-T, GBN-X) Burnstone project in South Africa has increased the site’s gold resource by 41%.
Producer and Dealer Prices (March 03, 2008)
Antimony: Mid-mkt US$5,883/t.
Daily Metal prices
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)