Goldbelt to grab Barrick’s West African assets
Vancouver — Goldbelt Resources (GLD-V, GLDRF-O) has entered an agreement to acquire all the exploration assets of Barrick Gold (ABX-T, ABX-N) in the West African countries of Burkina Faso, Mali and G…
News
PDAC award latest for Rebagliatis
Vancouver — When Ross Rebagliati won the first Olympic Gold medal for snowboarding in Nagano back in 1998, he was merely showing a competitive streak that appears to run in his family.
Louvem, Richmont short on gold production in 2006
The Beaufor gold mine, near Val d’Or, Que., was a disappointment in 2006 for both of its 50-50 joint- venture owners, Louvem Mines (LOV-V) and Richmont Mines (RIC-T, RIC-X).
Deacon resource boosts Lanfranchi
Vancouver — Initial resource estimates for Brilliant Mining’s (BMC-V) recently discovered Deacon deposit significantly boosts the overall nickel inventory on its Lanfranchi mine joint venture in West…
Barrick brings Ruby Hill back to life (March 12, 2007)
Following a successful restart of operations, Barrick Gold’s (ABX-T, ABX-N) Ruby Hill mine in Nevada poured its first gold in February.
Wesdome breaking even (March 12, 2007)
Wesdome Gold Mines (WDO-T, WDOFF-O) was a little short on production in 2006 at its Kiena gold mine in Val d’Or, Que., but the future is looking up with the surprise discovery of an extension of the S…
Consmin looks to reorganize with Gilbertson (March 12, 2007)
Former BHP Billiton (BHP-N, BLT-L, BHP-A) chief executive Brian Gilbertson and the low-profile Swiss-based coal house AMCI have made a joint bid to finance Consolidated Minerals (CNM-L, CNM-A).
LME Warehouse Levels (March 12, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 5, 2007 (change from Feb. 26 in brackets):
Spot Prices (March 12, 2007)
COURTESY OF SCOTIABANK
Producer and Dealer Prices (March 12, 2007)
Antimony: Mid-mkt US$5,390/t.
Paladin increasing its Australian holdings
Paladin Resources (PDN-T, PDN-A) is looking to increase its bet on the future of uranium mining in Australia.
Daily Metal Prices (March 12, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)