Trigon shifts to uranium
Vancouver — Shareholders of the newly renamed Trigon Uranium (TEL-V, TELWF-O) have to be happy with its diversification from diamonds into uranium earlier this year, especially in light of surging pr…
News
Inco slows production in Indonesia
Dry weather has forced Companhia Vale do Rio Doce (RIO-N) subsidiary CVRD Inco to cut weekly nickel output by about 130 tonnes at its Indonesia unit because the reservoir levels at its hydroelectric p…
Another anti-diamond film set to air
New Horizons
African Metals options copper belt claims
Vancouver — African Metals (AFR-V, AFMCF-O) has inked an option deal on a large land position in the Katanga copper belt of southeastern Democratic Republic of the Congo (DRC).
Quadra surprises with boost in production
Vancouver — Fourth-quarter copper and gold production from Quadra Mining’s (QUA-T, QADMF-O) flagship Robinson mine near Ely, Nev., was up significantly, driving last year’s total metals output above …
Hillsborough eyes new coal docks
Vancouver — Hillsborough Resources (HLB-T, HLSRF-O) is gearing up to boost coal exports from its Quinsam mine in British Columbia after quietly arranging to acquire additional port facilities on a pe…
CVRD, Baosteel set iron prices
Companhia Vale do Rio Doce (RIO-N), the world’s largest iron ore producer, has wrapped up the 2007 iron ore price negotiations with China’s Baosteel Group, the country’s largest steelmaker.
Daily Metal Prices (January 22, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
U.S. Markets January 9 – 12
Resource equities on the United States markets bounced back a bit in the holiday-shortened reporting period Jan. 9-12 after a devastating first week of 2007. While the broader market moved cautiously …
TSX Venture Exchange January 9 – 15
After ringing in the new year with a major dip, the S&P-TSX Venture Composite Index took back some ground on the back of gold’s recovery, gaining a couple of per cent to close the Jan. 9-15 sessio…
LME Warehouse Levels (January 22, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 15, 2006 (change from Jan. 8 in brackets):
Diamonds North and Majescor identify targets on Banks Island
Highly compelling kimberlite indicator mineral chemistry and a newly completed airborne geophysical survey over a portion of the Banks Island diamond project in Canada’s high Arctic has provided Diamo…