Expanded Resource Improves Palmarejo Economics
Development economics for the Palmarejo silver-gold project in southwestern Chihuahua state, Mexico, point to combined open-pit and underground operations producing about 10 million oz. silver annuall…
Articles by Northern Miner Staff
As Silver Prices Rise, Excellon Shares Fall
At a time of rising silver prices, increased silver production from Excellon Resources (EXN-V, EXLLF-O) hasn’t been enough for it to curry favour with the market.
Endeavour Sorts Out Q2 Problems
Endeavour Silver’s (EDR-T, EXK-X) chief executive Bradford Cooke says that even though the company had to slash its growth forecast by half this year, it can still meet its 2009 goal to produce 5 mill…
Silvercrest’s Santa Elena Expanding
Vancouver — The Santa Elena deposit, in northern Mexico, continues to return promising near-surface gold and silver grades for SilverCrest Mines (SVL-V, STVZF-O), as the company prepares a prefeasibi…
Oromin Keeps Hitting Gold in Senegal
Vancouver — Making the most out of its exploration contract extension, Oromin Explorations (OLE-V, OLEPF-O) is pulling strong gold grades in step-out and deep infill drillling at its Sabodala project…
Toronto Stock Exchange Sept. 25-Oct. 1
Stronger performances from the mining sector helped the TSX Composite Index continue on its path to recovery as it gained 242.3 points to finish the Sept. 25-Oct. 1 trading period at 14,200.58.
U.S. Markets Sept. 25-Oct. 1
The U.S. markets were driven higher over the Sept. 25-Oct. 1 trading period amid speculation that the U.S. Federal Reserve will again lower borrowing costs after the previous week’s rate cut to 4.75%.
TSX Venture Exchange Sept. 25-Oct. 1
The S&P-TSX Venture Composite Index climbed 71.27 points to 2,872.66 over the Sept. 24-Oct. 1 trading session. Average daily trading volume decreased to 85.3 millions shares.
LME Warehouse Levels (October 08, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 1, 2007 (change from Sept. 24 in brackets):
Daily Metal Prices (October 08, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Georgia Pushes Ahead on Mexican Moly
Georgia Ventures (GVI-V, GGVTF-O) has wasted little time getting to work on a recently acquired project that it calls “the most advanced open-pit molybdenum deposit in Mexico.”
Virgin Wants to Start Small at Los Verdes
With a resource calculation in hand and plans for a feasibility study, Virgin Metals (VGM-T, VGMTF-O) is looking to move along its Los Verdes copper-molybdenum project on the eastern boundary of Sonor…