Exchange Rates (August 06, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Articles by Northern Miner Staff
Air report a success: OMA
A final report from the Ontario Mining Association’s (OMA) compressed air leak management program, Implementing a Sustainable Compressed Air Leak Program, indicates mines in Ontario are now better pre…
Fortuna, Continuum exploring San Jose expansion
Vancouver — Joint-venture partners Fortuna Silver Mines (FVI-V, FVITF-O) and Continuum Resources (CNU-V, CUUEF-O) are hitting good gold and silver grades all around the defined resource at the San Jo…
Kinbauri sees 26% boost on El Valle drilling (August 06, 2007)
Kinbauri Gold’s (KNB-V) first set of results from its El Valle gold project, in Spain, has returned some positive results, extending a known mineralized zone and giving the company’s stock a 26% boost…
Canadian Gold Mutual Funds (August 06, 2007)
Fund name Jul.30($) Jul.23($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 29.38 30.85 -1.47 -4.8 9.8 2.61 580.2 Altamira Pr & Str Mtl 12.86 13.66 -0.80 -5.8 -0.8 2.67…
Dividends (August 06, 2007)
Company Div.($) Pay Date Record Date Sherritt 0.03 July 13 June 29 Yamana 0.01* July 16 June 26 Fording 0.65 July 16 June 29 Royal Gold 0.065 July 20 July…
Avino drills new zones at old Mexican mine
Vancouver — Avino was once described as a “mountain of silver” by the Spaniards who mined it for a few hundred years starting in the 1500s. Now held by Avino Silver & Gold Mines (ASM-V, ASGMF-O),…
Platmin gets positive study for Pilanesberg (August 06, 2007)
Platmin (PPN-T, PPN-L) will go ahead with production from the Pilanesberg platinum group element project, in the Bushveld camp of northern South Africa, following a positive feasibility study.
Lundin eyeing Chariot
Lundin Mining (LUN-T, LMC-X) is in a better position to acquire Chariot Resources (CHD-T, CHDSF-O), now that shareholders in the Toronto-based junior have rejected a poison pill proposal.
Goldcorp sells Penasquito contract
Vancouver — Goldcorp (G-T, GG-N) has closed a deal to sell one-quarter of future silver production from its Penasquito mine, in Mexico’s Zacatecas state, to Silver Wheaton (SLW-T, SLW-N) for US$485 m…
LME Warehouse Levels (August 06, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 30, 2007 (change from July 23 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, July 30, 2007
Precious Metals Price (US$/oz.) Change Gold $666.75 -16.00 Silver $12.93 -0.41 Platinum $1292.00 -36.00 Palladium $365.00 -4.00 Base Metals Price (US$/lb.) Change Nickel $14.31 -1.35 Lead $1.41 -0.16 Copper $3.70…