Arianne Makes Switch to Uranium
Gold explorer Arianne Resources (DAR-V, DARUF-O) is jumping on the uranium train.
News
Wealth Eyes Argentina’s Uranium Riches
Vancouver — Wealth Minerals (WML-V, WMLLF-O) believes its Diamante-Los Patos uranium property in northwestern Argentina could lead to proverbial riches in the form of a potential large-tonnage, near-…
Aura to Acquire Brazilian Project
Vancouver — Aura Gold (ORA-T, AUGIF-O) is expanding its asset base in Brazil by acquiring an advanced copper-gold project in a $293-million all-stock deal that transfers control of the junior to the …
Nova Moves Ahead With Drilling
Nova Uranium (NUC-V, NVURF-O) has completed its phase-three drill program of 28 drill holes totalling 2,450 metres at its Mont Laurier project in Quebec, 200 km northwest of Montreal.
Lundin to Absorb Tenke
Vancouver — Advancing its plan to become a major international mining house, Lundin Mining (LUN-T, LMC-X) has tabled a $1.4-billion all-stock deal to acquire sister company Tenke Mining (TNK-T, TNKDF…
Intercepts Buoy New Guinea Gold
Vancouver — Recent drilling by New Guinea Gold (NGG-V, NGUGF-O) at its Sinivit project in East New Britain province, Papua New Guinea, cut a number of shallow, high-grade gold intervals giving the as…
Producer and Dealer Prices (April 23, 2007)
Antimony : Mid-mkt US$5,400/t.
LME Warehouse Levels (April 23, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 16, 2007 (change from April 9 in brackets):
Daily Metal Prices (April 23, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Big Cash Deal for U-Parts
In another show of love for uranium from the markets, metal trader Uranium Participation (U-T) has closed an equity financing that will bring it $95 million.
Lead Poisoning Shuts Down Ivernia Mine
A lead poisoning investigation in a southwestern Australia port town has left lead miner Ivernia (IVW-T, IVWFF-O) with no choice but to stop production at its Magellan mine for three to four months un…
North American Stock Exchange Indices (April 23, 2007)
Date April 16 April 13 April 12 April 11 April 10 High Low S&P/TSX-Ven Comp 3349.63 3319.40 3264.81 3252.45 3274.67 3352.19 2291.43 TSX Composite 13659.98 13578.62 13499.65 13400.99 13431.30 13581.27…