Lonmin buys into Wallbridge (June 18, 2007)
Lonmin (LNMIF-O, LMI-L) has agreed to take a private placement that could give it an 18% shareholding in Wallbridge Mining (WM-T, WLBMF-O), and cements an existing alliance in the Sudbury camp.
News
Angus & Ross funds Black Angel (June 18, 2007)
Angus & Ross (AGU-L) has lined up a US$30-million loan combined with an issue of equity to allow faster development of the Black Angel zinc-lead mine in western Greenland.
African Copper cuts mineralization on Matsitama project (June 18, 2007)
Delineation drilling by African Copper (ACU-T, ACU-L) has cut several long intersections of copper mineralization on the Thakadu copper prospect, part of the company’s Matsitama property in northeaste…
Audit problems for VVC
If you Google VVC Exploration, (VVC-V, VVCVF-O) the slogan “Your ticket to China” still comes up, but the company hasn’t been spending time in China the way it used to.
Daily Metal Prices (June 18, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices Courtesy of Scotiabank Tuesday, June 12, 2007
Precious Metals Price (US$/oz.) Change Gold $652.80 -18.50 Silver $13.15 -0.56 Platinum $1292.00 -4.00 Palladium $366.00 -3.00 Base Metals Price (US$/lb.) Change Nickel $22.38 -3.97 Lead $1.05 +0.02 Copper $3.27…
Nickel Quest a reality
New Horizons
Producer and Dealer Prices (June 18, 2007)
Antimony : Mid-mkt US$5,310/t.
TSX Venture Rights & Warrants (June 18, 2007)
Agnico Eagle Mines (AEM.WT.U) — Wt buys sh @ US$19 to Nov 14/07.
North American Stock Exchange Indices (June 18, 2007)
Date June 11 June 8 June 7 June 6 June 5 High Low S&P/TSX-Ven Comp 3193.69 3190.55 3193.77 3249.20 3279.13 3372.00 2291.43 TSX Composite 13832.82 13798.50 13703.88 13941.59 14141.69 14216.21…
Seeking CSR standards
A report on a good conduct framework for Canadian mining, oil and gas companies operating abroad could turn Canada into a world leader on Corporate Social Responsibility (CSR).
Canadian Gold Mutual Funds (June 18, 2007)
Fund name Jun. 11($) Jun. 4($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 28.33 28.45 -0.12 -0.4 5.9 2.61 582.4 Altamira Pr & Str Mtl 12.43 12.48 -0.05 -0.4…