Commentary: Major investments return to BC
B.C. is on the cusp of regaining its rightful position as one of the best jurisdictions in the world to explore and develop mineral resources.
Volume 97 Number 49 Jan 23 - 29, 2012
African Metals held up by violence and rain
National elections in the Democratic Republic of the Congo (DRC) have held up African Metals (AFR-V) in the development of its Luisha South copper and cobalt project.
People
Bear Creek Mining – Lisa May appointed director of investor relations.
Correction
In “PDAC 2012 Awards” (TNM, Jan. 16-22, 2012, Page B14) the date of the awards evening should have read March 5, 2012.
Korean consortium buys into Inmet’s Cobre Panama
Korea Resources and LS-Nikko Copper are exercising their option for a 20% stake in Inmet Mining’s (IMN-T) Cobre Panama, a large, open-pit copper development project in Panama.
Soltoro charges ahead in sunny Jalisco
Soltoro (SOL-V) may soon be garnering more well-deserved attention for its growing primary silver resource at the El Rayo silver-gold project here in Mexico’s Jalisco State.
Inmaculada project looking good for Hochschild and Int’l Minerals
International Minerals (IMZ-T) has received a positive feasibility study for its 40%-owned Inmaculada underground gold-silver project in southern Peru, where it anticipates annual gold and silver production totalling 194,000 oz. gold-equivalent…
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Jan 17, 2012
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 16, 2012 (change from Jan. 9 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$13,250.00/t
Daily metal prices
Date Jan 16 Jan 13 Jan 12 Jan 11 Jan 10