No substitute for common sense
Mining Explained
News
Suppliers News (December 11, 2006)
European auto emissions catalyst for Inco joint venture
Cameco moves on Cigar Lake solution
Vancouver — Cameco (CCO-T, CCJ-N) has started remediation work at its 50%-owned Cigar Lake uranium project in northern Saskatchewan’s Athabasca basin, where a major flooding event in late October fil…
Juniors take over New Britannia (December 11, 2006)
Vancouver-based juniors Garson Resources (GARR-C) and Piper Capital (PCL-V) have agreed to acquire the dormant New Britannia gold mine in Snow Lake, Man., from Kinross Gold (K-T, KGC-N) and High River…
Paladin plans US$250M financing
Vancouver — Aspiring uranium miner Paladin Resources (PDN-T, PALAF-O, PDN-A) plans a convertible bond offering to raise US$250 million for project development.
Victor Hollister
OBITUARY Victor Frederick Hollister, the man who discovered the Hollister gold mine in Nevada, died recently. He was 81. An air force veteran of the Second World War, Hollister earned…
People (December 11, 2006)
Bayswater Uranium — Gordon Davidson appointed VP of exploration.
Producer and Dealer Prices (December 11, 2006)
Antimony : Mid-mkt US$5,450/t.
Rubicon set to spin off African and Newfoundland assets
It’s been a long time coming, but there is light at the end of the tunnel for Rubicon Minerals (RMX-T, RBY-X), which is in the final steps of splitting into three separate public companies, each holdi…
Daily Metal Prices (December 11, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
LME Warehouse Levels (December 11, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 4, 2006 (change from Nov. 27 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, Dec. 5, 2006
Precious Metals Price (US$/oz.) Change Gold $643.00 +5.25 Silver $14.05 +0.61 Platinum $1130.00 -25.00 Palladium $326.00 0.00 Base Metals Price (US$/lb.) Change Nickel $15.61 -0.07 Lead $0.81 +0.09 Copper $3.14…