Rainy River reveals major gold resource
VANCOUVER — Rainy River Resources (RR-V, RRFFF-O) has calculated its first resource estimate for its namesake gold project, roughly 80 km south of Kenora, in northwestern Ontario.
Articles by Northern Miner Staff
Barrick, Goldcorp forecast US$2.7B to build Pueblo Viejo
ThePuebloViejo gold-silver project in the Dominican Republic could be Barrick Gold’s (ABX-T, ABX-N) most expensive development project yet, with a total projected price tag of US$2.7 billion.
PRODUCER AND DEALER PRICES (March 10, 2008)
Antimony: Mid-mkt US$5,950/t.
DAILY METAL PRICES (March 10, 2008)
Date March 3 Feb. 29 Feb. 28 Feb. 27 Feb. 16 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2820/2815 2741/2785 2710/2750 2715/2755 2560/2…
Correction (March 10, 2008)
As part of Barrick Gold’s (ABX-T, ABX-N) US$1.7-billlion agreement to purchase Rio Tinto’s (RTP-N) 40% interest in the Cortez joint venture in Nevada, there is a further lump-sum payment of US$50 mill…
Canadian Arrow says Kenbridge economic
The average cost to produce a pound of nickel at the Kenbridge nickel project in northwestern Ontario, net of byproduct credits for copper, will be about C$4.89 per lb. — well below nickel’s current …
Artisanal miners make big gold find in Mali
Artisanal miners in Mali have found a 2.7- kg gold nugget on property licensed to African Gold Group.
NORTH AMERICAN STOCK EXCHANGE INDICES (March 10, 2008)
52-week Date March 3 Feb. 29 Feb. 28 Feb. 27 Feb. 26 High Low S&P/TSX-Ven Comp 2794.57 2782.07 2809.50 2754.46 2715.49 3372.00 2340.21 TSX Composite 13544.38 13582.69 13873.89 …
TSX VENTURE SHORT POSITIONS (March 10, 2008)
Short positions outstanding at Feb. 15/08 (with changes from Jan. 31/08).
CANADIAN GOLD MUTUAL FUNDS (March 10, 2008)
Featured Fund: TD Precious Metals top holdings, as of 10/29/07 (in weighted order): Goldcorp, Barrick Gold, Yamana Gold, Agnico-Eagle Mines, Harry Winston Diamond, Palmarejo Silver and Gold, Anglo Ame…
Black Pearl eyes production at Timmins
The Timmins gold property in the southern Abitibi greenstone belt of northern Ontario is “a potential company maker,” says Judy Baker, president of Black Pearl Minerals (BLK-V, BPMCF-O).
SPOT PRICES (March 10, 2008)
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