Vior outlines Douay resource
A new resource calculation for Vior Mining Exploration (VIO-V) has doubled the size of the Douay gold deposit, about 60 km south of Matagami, Que.
News
Taunus resource by March: Oro
Oro Gold Resources (ORG-V, OGRSF-O) says that drill results from its Taunus resource expansion program in Sinaloa, Mexico, are prompting the company to expand its 2,000-metre program.
Silver Wheaton grabs interest in Mines Management (November 19, 2007)
Vancouver — Silver Wheaton (SLW-T, SLW-N) is dipping into the silver deposit basket again, this time pulling out an 11% interest in Mines Management (MGT-T, MGN-X) for a purchase price of US$10 milli…
Artisanals point the way for African Gold Group
Miners have long been divided about artisanal miners working their concessions. Although the activity can at times lead to conflict, artisanals are widely credited with providing free — if inadverten…
Pinetree loads up on McFaulds Lake juniors
Vancouver — After recently closing a $72-million financing, Toronto-based junior investment and merchant banking firm Pinetree Capital (PNP-T, PNPFF-O) has loaded up on shares of several junior minin…
Aurora drilling adding to resources (November 19, 2007)
Drilling by Guyana Goldfields (GUY-T, GUYFF-O) at the Aurora gold project in north-central Guyana has indicated extensions beyond the recently calculated resources on the Rory’s Knoll and Aleck Hill z…
Donner cuts more zinc at Matagami
Vancouver — Drilling by Matagami project partners Donner Metals (DON-V, DONFF-O) and Xstrata (XSRAF-O, XTA-L) has turned in further high-grade zinc intercepts from two different zones on the western …
Inferred resource up at Sisson Brook (November 19, 2007)
Based on drilling from the current field season, Geodex Minerals (GXM-V, GXMLF-O) has increased the tonnage at its Sisson Brook tungsten-molybdenum deposit in west-central New Brunswick by about 70%.
Entre Gold lines up $30M financing
Vancouver — Mongolian-focused explorer Entre Gold (ETG-T, EGI-X) is looking to sell at least $30-million worth of stock to bolster its treasury.
LME Warehouse Levels (November 19, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 12, 2007 (change from Nov. 5 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, Nov. 13, 2007
Precious Metals Price (US$/oz.) Change Gold $803.40 -14.15 Silver $14.68 -0.29 Platinum $1402.00 -62.50 Palladium $366.00 -7.50 Base Metals Price (US$/lb.) Change Nickel $15.12 +0.81 Lead $1.60 -0.11 Copper $3.16…
Norsemont looks at 2012 startup for Constancia
The scoping study for Norsemont Mining’s (NOM-T, NOMFF-O) Constancia copper project in southern Peru is in, and the results have the company preparing for a busy 2008.