The focus of most analysis of the world economy continues to be the “developed” countries, and understandably so. These countries, commonly represented by the Organization for Economic Co-operation an…
Vancouver — A stellar performance by the Australian operations LionOre Mining International (LIM-T) catapulted the nickel and gold miner to a profitable first quarter.The company earned US$9.1 millio…
Buoyed by renewed strength in base metals prices, particularly in the nickel market, most of the base metal majors made gains during the report period ended May 27.Pechiney eased up 4 to US$14.05 as …
About of statistical metal releases has just arrived, and in this short report we offer an analysis of the latest data on copper, nickel, lead and zinc from their respective International Study Groups…
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 27May 26May 23May 22May 21Al Alloy1355/1355…
The Toronto Stock Exchange composite index gained 113.84 points over the May 21-27 report period to end at 6,840.24 points, its highest finish in nearly a year.Junior Tahera was the period’s hottest m…
Vancouver — Canada’s junior exchange continued its slow but steady climb into bull territory during the report period ended May 27. The S&P-TSX Venture Exchange composite index added 5.4 points, or 0…
London-based America Mineral Fields (AMZ-T) will finance further development of its African projects through a private placement of 4 million units priced at 45 each. Gross proceeds amount to $1.8 mi…
The National Union of Mineworkers (NUM) has called off a strike by more than 2,000 workers at Durban Roodepoort Deep’s Buffelfontein gold mine in northwestern South Africa following wage agreements wi…
Infill drilling by Breakwater Resources (BWR-T) has upped reserves at the Langlois base metal mine in northwestern Quebec, extending the mine life for another year.The drilling blocked out 419,600 ton…
Drilling by Desert Sun Mining (DSM-V) at the Jacobina project in Bahia state, Brazil, has established potential for a near-surface gold deposit.Desert Sun recently drilled 12 holes at the Serra do Cor…
Having raised $728,000 in a private placement of 1.4 million shares priced at 52 apiece, Anooraq Resources (ARQ-V) is preparing to drill its South Block project, on the northern limb of the Bushveld …
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