Azimut Employs JV Strategy at Quebec Properties
Montreal’s Azimut Exploration (AZM-V, AZMTF-O) has signed several letters of intent for $14.6 million worth of exploration over the next five years on its northern Quebec uranium properties.
News
Announcement
New Millennium Capital, a Canadian iron ore development company, announced that the Honourable A. Anne McLellan has joined the Company as a Strategic Advisor.
Sprott Moly Closes $189M IPO
Vancouver — Sprott Molybdenum Participation (MLY-T) closed a highly successful initial public offering (IPO) to raise gross proceeds of $189 million on the sale of 37.8 million units at $5.00 apiece.
Going Underground at Shea Creek
Vancouver — Areva Resources Canada, a subsidiary of French energy giant Areva (ARVCF-O) has informed its joint-venture partner UEX (UEX-T, UEXCF-O) that it plans to sink a shaft at their Shea Creek u…
Attack of the Killer Bs: New Life for Old Camps
Very few explorers are doing grassroots exploration for uranium these days. Why should they? There’s no real need.
More Gold at Hope Bay
In a drilling program intended to increase confidence in previously known resources, Miramar Mining (MAE-T, MNG-X) has had its plans derailed by the discovery of significant new resources on the Hope …
Producer and Dealer Prices (April 23, 2007)
Antimony : Mid-mkt US$5,400/t.
LME Warehouse Levels (April 23, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 16, 2007 (change from April 9 in brackets):
Daily Metal Prices (April 23, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Big Cash Deal for U-Parts
In another show of love for uranium from the markets, metal trader Uranium Participation (U-T) has closed an equity financing that will bring it $95 million.
Aurcana Launches La Negra Production
Vancouver — Production has begun at Aurcana’s (AUN-V, AUNFF-O) 80%-owned La Negra silver-copper-zinc-lead mine in Queretaro state, Mexico, following completion of a mill refurbishment and expansion p…
TSX Venture Exchange April 10-16
The 5-day trading session ended April 16 was another period of furious gains in the junior resource sector, as evidenced by the TSX Venture Exchange Index closing at a strong 3,348.73, up 66.1 points …