Monument raising $38M for Malaysia gold project
Monument Mining (MMY-V) is raising $38 million to move its 100%-owned Selinsing gold project in Malaysia toward production.
News
Red Hill hires Minarco-MineConsult for Ulaan Ovoo
Mongolia-focused mineral company Red Hill Energy (RH-V, RHFFF-O) has hired Minarco-Mine- Consult of Sydney, Australia, to produce a prefeasibility study for the company’s Ulaan Ovoo coal project in no…
Mining consultancy firm WGM heads Niger Delta initiative
Senior social and economic scientist Stephen Roberts, from the independent mineral-consultation firm Watts, Griffis and McOuat, has been invited by the Nigerian government to present ideas for resolvi…
TSX VENTURE EXCHANGE JULY 2-7
The S&P-TSX Venture Composite Index lost ground over the July 2-7 trading session, a week cut short by Canada Day, closing down 157.41 points at 2,478.37. Daily trading volumes were low, averaging…
Noront tallies Eagle One resource
VANCOUVER — Since the discovery hole at the Double Eagle property in northeast Ontario hit massive sulphide mineralization in September, Noront Resources (NOT-V) investors have been anxiously awaitin…
PEOPLE (July 14, 2008)
Abacus Mining & Exploration– Louis Montpellier appointed a director; Thomas McKeever appointed chairman.
LME WAREHOUSE LEVELS (July 14, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 1, 2008 (change from July 8 in brackets):
SPOT PRICES (July 14, 2008)
COURTESY OF SCOTIABANK
Inmet offers $345M for Petaquilla Copper
VANCOUVER — In a bid to expedite development of one of the largest copper deposits in the world, Inmet Mining (IMN-T, IEMMF-O) has made an all-cash, $345-million takeover bid for joint-venture partne…
PRODUCER AND DEALER PRICES (July 14, 2008)
Antimony: Mid-mkt US$6,300.00/t.
DAILY METAL PRICES (July 14, 2008)
Date July 7 July 4 July 3 July 2 July 1 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2640/2680 3640/2669 2650/2660 2645/2680 2635/2670 A…
BID-ASK — JULY 1-7, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Afrasia Minl F V 0.28 0.59 0.25 0.45 0.23 Altair Vent V 0.20 0.27 0.20 0.74 0….