Columbus inks deal with Barrick
Vancouver — The lure of securing additional ground in the vicinity of its Cortez joint-venture land package has prompted Barrick Gold (ABX-T, ABX-N) to option a couple of properties from Columbus Gol…
News
LME Warehouse Levels (January 21, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 14, 2008 (change from Jan. 7 in brackets):
People (January 21, 2008)
Augusta Resource — Rod Pace appointed VP of operations.
Northern Energy & Mining reports strong finances
NEMI Northern Energy & Mining (NNE.A-T, NNEMF-O) is in a relatively strong financial position with working capital of $9.7 million and no long-term debt, according to recent financial statements, …
First Point adds to BC nickel portfolio
Vancouver — Since acquiring a pair of B.C. nickel projects in mid-2007, First Point Minerals (FPX-V, FPOCF-O) has added to its holdings and picked up two more properties in a move to target potential…
Daily Metal Prices (January 21, 2008)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices Courtesy of Scotiabank Tuesday, Jan. 15, 2008
Precious Metals Price (US$/oz.) Change Gold $904.75 +31.50 Silver $16.24 +0.75 Platinum $1580.00 +39.00 Palladium $379.00 +4.50 Base Metals Price (US$/lb.) Change Nickel $12.90 -0.18 Lead $1.21 +0.04 Copper $3.27…
Akie holes consistently promising (January 21, 2008)
Vancouver — Results from another hole punched into the Akie zinc-lead project, in northeastern B.C., have again showed the potential the property holds for Mantle Resources (MTS-V, MTSZF-O).
Thor showing promise for Taranis
Vancouver — Finnish explorer Taranis Resources (TRO-V, TNREF-O) is proving up the potential of its polymetallic Thor project, releasing a steady stream of drill and sampling results from its Canadian…
Seabridge ups Kerr-Sulphurets-Mitchell resource
In mining — as in life — timing is everything. For proof, look no further than Seabridge Gold (SEA-V, SA-X).
Tenajon pulls strong moly grades from open-pit target
Vancouver — Tenajon Resources’ (TJS-V, TJRUF-O) bet on molybdenum is starting to pay off.
Western Copper grows Carmacks oxide resource (January 21, 2008)
Vancouver — A new resource estimate for Western Copper’s (WRN-T, WCPCF-O) Carmacks copper project in the Yukon has added over 9,000 tonnes of contained copper to the project, which already has a posi…