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…
Articles by Northern Miner Staff
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…
Castle Gold Ramps Up El Castillo
After six weeks of preproduction, Castle Gold (CSG-V, CSGLF-O) has made the most of the soaring gold price by selling the first 450 oz. produced at its El Castillo mine, in Durango, Mexico, at an aver…
Soho Plans for Resource at Tahuehueto
Drilling between two mineralized zones at Soho Resources’ (SOH-V) Tahuehueto polymetallic project in Durango, Mexico, has resulted in the discovery of a third zone.
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)
Spot Prices Courtesy of Scotiabank Tuesday, Oct. 2, 2007
Precious Metals Price (US$/oz.) Change Gold $735.75 +8.05 Silver $13.28 0.00 Platinum $1356.00 +20.00 Palladium $352.00 +12.00 Base Metals Price (US$/lb.) Change Nickel $13.64 -1.16 Lead $1.60 0.00 Copper $3.70…
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.”
Axmin Finds New Gold at Passendro
As Axmin (AXM-V, AXMIF-O) finishes up a feasibility study for its Passendro gold project in the Central African Republic, it has come across several potential gold zones in the vicinity of the propose…