It’s a smelter’s market, says ECU Silver
Suddenly, smelters in Mexico have the upper hand when making deals with small miners on concentrate shipments, says the president of ECU Silver Mining (ECU-T, ECUXF-o).
Articles by Northern Miner Staff
Miners still waiting on DRC review
Investors and onlookers alike will have to hold their collective breath a little longer as completion of the mining contract review in the Democratic Republic of the Congo has been delayed.
LME WAREHOUSE LEVELS (October 13, 2008)
Aluminium Alloy 80380 (1640) Aluminium 1387750 ( 11350) Copper 208350 (9750) Lead 65050 (800) Nickel 55260 (-810) Tin 5480 (-355) Zinc 161000 (5875)
SPOT PRICES (October 13, 2008)
Tuesday, Oct. 6, 2008 Precious Metals Price (US$/oz.) Change Gold $881.75 -15.25 Silver $11.64 -1.32 Platinum $1002.00 -45.00 Palladium $202.00 -1.00 Base Metals Price (US$/lb.) Change…
PRODUCER AND DEALER PRICES (October 13, 2008)
Antimony: Mid-mkt US$6,383.33/t.
Oro Gold gains on Mexican results
Vancouver — As share prices tumbled down all around, Oro Gold Resources (OGR-V, OGRSF-o) showed what kind of news it took to simply not lose ground during one of the worst days in the history of the …
Endeavour in silver at San Pedro (October 13, 2008)
Vancouver — Endeavour Silver (EDR-T, EXK-x) continues to hit high silver grades at its San Pedro properties, about 7 km northwest of its Guanacevi mine in Durango state, Mexico.
Citigroup cuts commodity forecasts for 2009-10
Citi Investment Research has lowered some of its commodity price forecasts due to the U. S. financial crisis, slowing growth in China and disinflationary developments.
Kimber raises $5M for gold hunt
Now that it’s closed a $5-million private placement, Kimber Resources (KBR-T, KBX-x) will be looking to bolster its gold position in Mexico with the money going into the ground at its Monterde and Set…
Tinpo backs off Western Prospector bid
Tinpo Holdings gave Western Prospector Group (WNP-V, WEPGF-o) shareholders a sudden jolt recently, when it unexpectedly announced it was taking its $74- million offer for the company off the table.
Mexoro upbeat about past producing Cieneguita
If one adheres to the safety-in-numbers school of mining and exploration then Mexoro Minerals’ (MXOM-o) Cieneguita property, in Mexico’s Sierra Madre occidental belt in Chihuahua state, is a pretty sa…
TSX VENTURE SHORT POSITIONS (October 13, 2008)
Short positions outstanding at Sept. 30/08 (with changes from Sept. 15/08). Largest short positions Gold Wheaton Gold GLW 2734100 1252188 Largo Resources LGO 1299500 563000 Westernza…