Lending Rates (December 31, 2007)
as of 9 a.m. ET, Dec 20, 2007(%)
as of 9 a.m. ET, Dec 20, 2007(%)
Beijing, China — China’s mining history may stretch back 3,000 years, but when it comes to gold, the country has yet to find many world-class gold deposits.
Vancouver — Production is finally in full swing at Cross Lake Minerals’ (CRN-T, CRNKF-O) QR gold mine, near Quesnel, B.C.
SITE VISIT Swakopmund, Namibia — The high-pitched wail from the handheld spectrometer intensifies as the geologist creeps across the dry, rocky terrain of Extract Resources’ (EXT-T, EXT-A) Husab uranium project…
SITE VISIT Xinhuru, Inner Mongolia, China — In the summer months, the sparse grasslands in this remote corner of China’s enormous Inner Mongolia Autonomous Region are used primarily by locals…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 10, 2007 (change from Dec. 3 in brackets):
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Precious Metals Price (US$/oz.) Change Gold $796.25 -10.50 Silver $13.97 -0.65 Platinum $1500.00 +38.00 Palladium $355.00 +10.00 Base Metals Price (US$/lb.) Change Nickel $11.59 -0.21 Lead $1.10 0.00 Copper $2.85…
As 2007 comes to a close, Tahera Diamond (TAH-T, TAHEF-O) will go down as one of the more dire mining stories of the year.
Letter to the Editor
No company better embodies the spirit of Canada’s plucky gold mining sector today than Toronto-based Agnico-Eagle Mines, with its technical competence, unshakeable faith in gold, independent streak, a…
Rio Tinto (RTP-N, RIO-L) subsidiary Kennecott Eagle Minerals will be going ahead with its Eagle nickel-copper mine in the Upper Peninsula of Michigan, following approval by the state’s Department of E…
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