Linear Metals expands Cobre Grande
Using assays from the last two reverse- circulation holes on its Cobre Grande copper project in Mexico, Linear Metals (LRM-t) has extended the El Oso mineralized zone to a strike length of 300 metres….
News
Silver Wheaton adds Alexco’s Bellekeno to stable
Alexco Resource (AXR-T, AXU-x) has inked a deal with Silver Wheaton (SLW-T, SLW-n) to sell silver from the Yukon.
PEOPLE (October 13, 2008)
Abacus Mining — James Whittaker appointed project manager for the Afton-Ajax mine.
TORONTO STOCK EXCHANGE – SEPT. 30-OCT. 6
Relentless volatility and steep declines dragged the TSX Composite Index to levels not seen since 2005 over the Sept. 30-Oct. 6 trading period. Although the U. S. government finally passed a sweetened…
TSX VENTURE EXCHANGE – SEPT. 30-OCT. 6
The S&P-TSX Venture Composite Index fared no better than any other exchange over the Sept. 30-Oct. 6 trading session. While the board saw a 33-point gain on the first day of the week, every other …
Stingray perserveres under Sonoran sun
Stingray Copper (SRY-T, SRYYF-o) is pushing ahead at its El Pilar copper porphyry project in Mexico’s Sonora region in difficult times.
Esperanza advances Cerro Jumil
Esperanza Silver (EPZ-v) has tabled the first resource estimate for its Cerro Jumil gold project in Mexico’s Morelos state, and is now in prefeasibility-study mode.
MAG Silver: In models we trust
Vancouver — Over five years, MAG Silver (MAG-T, MVG-x) has charted an impressive course for a Canadian junior, acquiring a half-dozen, primarily silver properties in Mexico, building its bank account…
It’s a smelter’s market, says ECU Silver
Suddenly, smelters in Mexico have the upper hand when making deals with small miners on concentrate shipments, says the president of ECU Silver Mining (ECU-T, ECUXF-o).
Miners still waiting on DRC review
Investors and onlookers alike will have to hold their collective breath a little longer as completion of the mining contract review in the Democratic Republic of the Congo has been delayed.
LME WAREHOUSE LEVELS (October 13, 2008)
Aluminium Alloy 80380 (1640) Aluminium 1387750 ( 11350) Copper 208350 (9750) Lead 65050 (800) Nickel 55260 (-810) Tin 5480 (-355) Zinc 161000 (5875)
SPOT PRICES (October 13, 2008)
Tuesday, Oct. 6, 2008 Precious Metals Price (US$/oz.) Change Gold $881.75 -15.25 Silver $11.64 -1.32 Platinum $1002.00 -45.00 Palladium $202.00 -1.00 Base Metals Price (US$/lb.) Change…