U.S. Markets Nov. 6-12
The screaming you heard came from United States equity markets during the reporting period Nov. 6-12. Weak earnings results, and further revelations of writedowns in asset-backed debt by financial ins…
News
TSX Venture Exchange Nov. 6-12
After toying with its all-time nominal high around US$850 per oz., gold prices pulled back over the Nov. 6-12 trading session, prompting a 200.6-point decline in the S&P-TSX Venture Composite Inde…
NA Tungsten launches Mactung study
Vancouver — Strongly bullish on tungsten’s outlook, North American Tungsten (NTC-V, NATUF-O) has begun a feasibility study on its large Mactung project, near MacMillan Pass on the Yukon-Northwest Ter…
Norsemont looks at 2012 startup for Constancia
The scoping study for Norsemont Mining’s (NOM-T, NOMFF-O) Constancia copper project in southern Peru is in, and the results have the company preparing for a busy 2008.
Entre Gold lines up $30M financing
Vancouver — Mongolian-focused explorer Entre Gold (ETG-T, EGI-X) is looking to sell at least $30-million worth of stock to bolster its treasury.
LME Warehouse Levels (November 19, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 12, 2007 (change from Nov. 5 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, Nov. 13, 2007
Precious Metals Price (US$/oz.) Change Gold $803.40 -14.15 Silver $14.68 -0.29 Platinum $1402.00 -62.50 Palladium $366.00 -7.50 Base Metals Price (US$/lb.) Change Nickel $15.12 +0.81 Lead $1.60 -0.11 Copper $3.16…
Katanga and Nikanor to form African copper giant
Katanga Mining (KAT-T, KATFF-O) and Nikanor (nkr-l) are planning a merger that would create Africa’s biggest copper producer and become the world’s biggest cobalt producer by 2011.
Benton, Teck set drill targets
Benton Resources (BTC-V, BNRJF-O) has assayed the last of 324 grab samples taken this summer from its Kingurutik Lake copper-nickel-cobalt property in Labrador, confirming mineralization in numerous z…
Queenston sees Upper Beaver gold, copper
Queenston Mining’s (QMI-T, QNMNF-O) drilling program on the porphyry and syenite breccia zones at the Upper Beaver property east of Kirkland Lake, Ont., is intersecting mineralized zones with high-gra…
Daily Metal Prices (November 19, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Producer and Dealer Prices (November 19, 2007)
Antimony : Mid-mkt US$5,590/t.