Commentary: Gold Industry Its Own Worst Enemy
Without doubt, the gold market is an exceptional creature in the worlds of either commodities or currencies. Gold was a globally traded good with all of the characteristics of a currency market with r…
News
Saskatchewan Potash Mine Not Threatened by Flood: Mosaic
Vancouver — U.S. fertilizer giant The Mosaic Co. (MOS-N) has moved to ease concerns that a flooding problem may threaten to disrupt production at its Esterhazy, Sask., operation which ranks among the…
Nuinsco Nickel Spinout Listed
The spinoff of nickel assets from Nuinsco Resources (NWI-T, NUIRF-O) is complete, with the listing of affiliate Victory Nickel (NI-T).
Mansfield Expands Lindero
Vancouver — Drilling by Mansfield Minerals (MDR-V, MFMNF-O) on its Lindero gold project in Salta province, northwestern Argentina, continues to encounter zones of blind, non-outcropping mineralizatio…
Nico Feasibility Positive
A full feasibility study on the Nico gold-cobalt-bismuth deposit in the Northwest Territories has shown favourable economics, so owner Fortune Minerals (FT-T) is planning production in 2010.
Happy Creek Disappoints
Penny junior Happy Creek Minerals (HPY-V) saw its share price fall off a table recently, after releasing drill results from its Rateria copper property in southern B.C.
First Narrows Cuts More Chester High-Grade
Vancouver — Resource definition drilling by First Narrows Resources (UNO-V, FNRWF-O) on its Chester project in New Brunswick’s Bathurst mining camp continues to deliver wide, high-grade copper interc…
Suppliers (February 12, 2007)
Scott Wilson RPA to study Tulks Hill
People (February 12, 2007)
Keegan Res. — Roman Shklanka appointed to advisory board.
Teck Cominco Mulling Options for Gold Assets
Vancouver — With about 50% of its exploration budget devoted to copper, Teck Cominco (TCK.B-T, TCK-N) is mulling over what to do with its gold operations, and will likely make a decision once its Pog…
Lonmin Finishes AfriOre Takeover
Lonmin’s (LNMIF-O, LMI-L) all-cash offer for AfriOre (AFO-T, AFO-L) has succeeded, attracting 94% of AfriOre’s shares.
Producer and Dealer Prices (February 12, 2007)
Antimony: Mid-mkt US$5,360/t.