Exchange Rates (August 13, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Articles by Northern Miner Staff
Northern Dynasty lands Anglo as Pebble partner
Vancouver — Northern Dynasty Minerals (NDM-V, NAK-X) has brought on senior miner Anglo American (AAUKD-Q, AAL-L, AGL-J) as an equal partner to develop its Pebble copper-gold-molybdenum porphyry depos…
EMED looking at buying Rio Tinto (August 13, 2007)
A London-listed junior is in negotiations to acquire Rio Tinto — not the company, but the historic base-metal property in Spain, where Rio Tinto Zinc got its start.
Spot Prices Courtesy of Scotiabank Tuesday, Aug. 7, 2007
Precious Metals Price (US$/oz.) Change Gold $669.25 +2.50 Silver $12.99 +0.06 Platinum $1282.00 -10.00 Palladium $361.00 -4.00 Base Metals Price (US$/lb.) Change Nickel $13.30 -1.01 Lead $1.44 +0.03 Copper $3.55…
Xstrata reserves $200M for Raglan exploration
Xstrata Nickel, subsidiary of Switzerland-based Xstrata (XSRAF-O, Xta-L), wants to nearly double output at its Raglan nickel mine, in Nunavik, Que.
Commentary: R. vs. Felderhof — an industry post-mortem
Judge Peter Hryn acquitted John Felderhof, former vice-president of Bre-X Minerals, on Securities Act charges (four of insider trading and four of misleading disclosure, all in connection with the 1997…
Editorial: Hopes for retribution for Busang keep fading
What had most mining people talking during the week ended Aug. 4, the 31st trading week of 2007, was the acquittal on July 31 of former vice-president of exploration at Bre-X Minerals, John Felderhof,…
Farallon beefs up G-9 deposit
Farallon Resources (FAN-T, FRLLF-O) intersected its highest grades yet at the G-9 deposit at its Campo Morado polymetallic project, in Guerrero state, Mexico.
Daily Metal Prices (August 13, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Producer and Dealer Prices (August 13, 2007)
Antimony : Mid-mkt US$5,470/t.
BCSC taps Andean American with cease-trade
Vancouver — The British Columbia Securities Commission (BCSC) has issued a cease trade order on shares of Andean American Mining (AAG-V, ANMCF-O) until the company re-files a 2006 technical report on…
Bellhaven hits strong copper in Panama (August 13, 2007)
Vancouver — Strong copper grades in its initial drill hole at Cerro Chorcha, in Panama, gave junior explorer Bellhaven Copper & Gold (BHV-V, BHVCF-O) a significant share price boost in recent tra…