Oro’s Growing Foothold in Zacatecas
Vancouver — Recently spun-off Oro Silver Resources (OSR-V, OROSF-O) is consolidating a strong presence in Zacatecas, Mexico, having signed on to acquire a producing mine and six exploration propertie…
Articles by Northern Miner Staff
Labour Troubles Could Paralyze Grupo Mexico
Monterrey, Mexico — For Grupo Mexico (GMBXF-O, GMEXICOB-M), it is the best of times and the worst of times. As record copper prices and deep reserves helped the Mexico City-listed company post a US$1…
Mexico Capitalizes on Silver’s Rise
As the second-largest silver-producing country in the world, Mexico is enjoying historic price levels for silver, and that’s good news for the economy.
Capital Gold Carves Out Wide Profit Margin
New York City-based Capital Gold (CGC-T, CGLD-O) has given itself lots of breathing room to take advantage of rising gold prices by keeping both operating and capital costs low, a rare feat in today’s…
Explorator Keen to Drill Chilean Property
Explorator Resources (EXO-V, EXRAF-O) is about to begin exploration on the newly acquired Venus block on its 11-sq.-km El Espino-Venus project in Chile, where nine small copper-gold mines are in opera…
Ring Around the Double Eagle. . . and the Stocks Fall Down
McFauld’s Lake explorers watched their stock fall recently, after benefiting from Noront Resources’ (NOT-V, NOSOF-O) recent Double Eagle nickel discovery in the James Bay Lowlands of northern Ontario.
Expanded Resource Improves Palmarejo Economics
Development economics for the Palmarejo silver-gold project in southwestern Chihuahua state, Mexico, point to combined open-pit and underground operations producing about 10 million oz. silver annuall…
Toronto Stock Exchange Sept. 25-Oct. 1
Stronger performances from the mining sector helped the TSX Composite Index continue on its path to recovery as it gained 242.3 points to finish the Sept. 25-Oct. 1 trading period at 14,200.58.
U.S. Markets Sept. 25-Oct. 1
The U.S. markets were driven higher over the Sept. 25-Oct. 1 trading period amid speculation that the U.S. Federal Reserve will again lower borrowing costs after the previous week’s rate cut to 4.75%.
TSX Venture Exchange Sept. 25-Oct. 1
The S&P-TSX Venture Composite Index climbed 71.27 points to 2,872.66 over the Sept. 24-Oct. 1 trading session. Average daily trading volume decreased to 85.3 millions shares.
Daily Metal Prices (October 08, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ 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…