Barrick zeros in on Nevada
Despite the amount of capital that has been pouring into the mining sector since around 2002 there have been very few major discoveries. There has been plenty of hype and tire kicking, but many of the…
News
Columbia Metals expects Lluvia production this year
The 1990s weren’t kind to some low-grade gold projects, and one of those was the Lluvia de Oro mine in northwestern Sonora state, Mexico. It operated for less than three years under two owners, and se…
LME Warehouse Levels (March 05, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 26, 2006 (change from Feb. 19 in brackets):
People (March 05, 2007)
Quinsam Capital — Kilian Carrarini appointed director.
Editor’s Picks: the Week’s Top Mining Stories
Even as new record, nominal highs for uranium and nickel prices were being set in the week ended Feb. 24, it was organized labour action in Canada’s railyards that grabbed the most focused attention o…
Back to Lynn Lake
It’s been a tough sell to institutional investors, but Independent Nickel (INI-V, INIFF-O) of Sudbury, Ont., has raised the money needed to proceed with an ambitious drill program at the Lynn Lake nic…
Marathon PGM cuts high-grade
The two highest concentrations of precious metals drilled to date in the Coldwell intrusive complex in north-central Ontario have been intersected in recent drilling by Marathon PGM (MAR-T, MRPGF-O).
Record earnings for Newmont in 2006 (March 05, 2007)
Vancouver — The world’s number two gold producer, Newmont Mining (NMC-T, NEM-N), posted record net income of US$791 million (US$1.76 per share) in 2006, topping its previous year’s performance of US$…
Daily Metal Prices (March 05, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices Courtesy of Scotiabank Tuesday, Feb. 27, 2007
Precious Metals Price (US$/oz.) Change Gold $684.50 +15.90 Silver $14.49 +0.59 Platinum $1238.00 +25.00 Palladium $353.00 +15.50 Base Metals Price (US$/lb.) Change Nickel $20.00 +0.56 Lead $0.91 +0.08 Copper $2.84…
Producer and Dealer Prices (March 05, 2007)
Antimony : Mid-mkt US$5,390/t.
Pierrette Prince
Appointment Notice