EMED looking at buying Rio Tinto (August 13, 2007)
A London-listed junior is in negotiations to acquire Rio Tinto — not the company, but the historic base-metal property in Spain, where Rio Tinto Zinc got its start.
News
Spot Prices Courtesy of Scotiabank Tuesday, Aug. 7, 2007
Precious Metals Price (US$/oz.) Change Gold $669.25 +2.50 Silver $12.99 +0.06 Platinum $1282.00 -10.00 Palladium $361.00 -4.00 Base Metals Price (US$/lb.) Change Nickel $13.30 -1.01 Lead $1.44 +0.03 Copper $3.55…
Xstrata reserves $200M for Raglan exploration
Xstrata Nickel, subsidiary of Switzerland-based Xstrata (XSRAF-O, Xta-L), wants to nearly double output at its Raglan nickel mine, in Nunavik, Que.
Commentary: R. vs. Felderhof — an industry post-mortem
Judge Peter Hryn acquitted John Felderhof, former vice-president of Bre-X Minerals, on Securities Act charges (four of insider trading and four of misleading disclosure, all in connection with the 1997…
Editorial: Hopes for retribution for Busang keep fading
What had most mining people talking during the week ended Aug. 4, the 31st trading week of 2007, was the acquittal on July 31 of former vice-president of exploration at Bre-X Minerals, John Felderhof,…
Farallon beefs up G-9 deposit
Farallon Resources (FAN-T, FRLLF-O) intersected its highest grades yet at the G-9 deposit at its Campo Morado polymetallic project, in Guerrero state, Mexico.
Despite Turkish troubles, Eldorado plans new mine
Vancouver — Undeterred by the forced closure of its Kisladag gold mine in Turkey, Eldorado Gold (ELD-T, EGO-X) is forging ahead with plans for another Turkish gold project only 100 km away, as well a…
Daily Metal Prices (August 13, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Producer and Dealer Prices (August 13, 2007)
Antimony : Mid-mkt US$5,470/t.
Alexis looks past Lac Herbin feasibility
With a recent feasibility study, Alexis Minerals (AMC-V, AXSMF-O) has been given the go-ahead for 18 months of gold production at Lac Herbin, a past-producing gold mine in Quebec’s Val d’Or camp, but …
BCSC taps Andean American with cease-trade
Vancouver — The British Columbia Securities Commission (BCSC) has issued a cease trade order on shares of Andean American Mining (AAG-V, ANMCF-O) until the company re-files a 2006 technical report on…
Toronto Stock Exchange July 31-August 3
The bears began to lick their chops as the TSX Composite Index fell with international markets, losing 299.48 points for the July 31-Aug. 3 trading period.