Spot Prices Courtesy of Scotiabank Tuesday, Nov. 21, 2006
Precious Metals Price (US$/oz.) Change Gold $625.00 +1.60 Silver $12.92 +0.07 Platinum $1390.00 +210.00 Palladium $329.00 +10.00 Base Metals Price (US$/lb.) Change Nickel $14.87 -0.18…
News
LME Warehouse Levels (November 27, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 20, 2006 (change from Nov. 13 in brackets):
U.S. Markets Nov. 14-20
U.S. equity markets went on a steady but unspectacular rise over the reporting period Nov. 14-20, helped by a decline in oil prices and by low inflation figures. The Dow Jones Industrial Average, whic…
TSX Venture Exchange Nov. 14-20
Range-bound precious metals coupled with a slight weakening in base metals pushed the S&P-TSX Venture Composite Index down 18.39 points over the Nov. 14-20 trading session to close at 2,630.5. Ave…
More gold at Palmarejo’s Guadalupe
Vancouver — Deep drilling by Palmarejo Silver and Gold (PJO-V, PJOFF-O) on its Guadalupe project in Chihuahua state, Mexico has tapped into a zone of high-grade gold mineralization.
Aurizon gold mine almost ready
Vancouver-based Aurizon Mines (ARZ-T, AZK-X) is about to begin operations at its Casa Berardi gold mine in the Abitibi region of Quebec with just a few jobs left to cross off its preproduction checkli…
Toronto Stock Exchange Nov. 14-20
A slide in the price of oil early in week pulled the S&P-TSX Composite Index lower, but a rally in the price of nickel and gold helped fuel a comeback as it finished the Nov. 14-20 period up 107.2…
Bell taps copper at Sombrero Butte
Vancouver — Initial drilling by Bell Resources (BL-V, BZRSF-O) on its Sombrero Butte project in Pinal Cty., Ariz., has delivered a wide copper-mineralized interval.
Queenston cuts new gold at Upper Beaver
Drill holes north of the established mineralization at the Upper Beaver gold property in Gauthier Twp., about 20 km east of Kirkland Lake, Ont., have intersected gold on two previously unknown mineral…
New Gold outlines deep zone at Afton
Vancouver — Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, B.C., is confirming a new, deep zone of copper mineralization beneath the existing resource.
Tribute’s Arrow holes hit mark (November 27, 2006)
Analytical results from two drill holes by Tribute Minerals (TBM-V, TBMIF-O) at the Garnet Lake property in northwestern Ontario have shown zinc and minor copper mineralization.
‘Conflict diamonds’ getting through loopholes
Commentary — The following was presented by De Beers chairman Nicky Oppenheimer earlier this year at the World Diamond Congress in Tel Aviv, Israel. De…