LME Warehouse Levels (July 02, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 25, 2007 (change from June 18 in brackets):
Articles by Northern Miner Staff
Spot Prices Courtesy of Scotiabank Tuesday, June 26, 2007
Precious Metals Price (US$/oz.) Change Gold $649.55 -5.55 Silver $12.85 -0.34 Platinum $1,281 -8.00 Palladium $369 +0.50 Base Metals Price (US$/lb.) Change Nickel $17.42 -1.58 Lead $1.21 +0.12 Copper $3.41…
Brazil becomes cornerstone for Kinross
Finding and developing new reserves to replace mined ounces is a constant struggle for gold producers, especially in today’s heated gold market where the competition for projects is fierce and permitt…
Exeter project on hold as Mendoza bans chemicals
Vancouver — By passing legislation banning the use of chemicals typically used by miners to extract gold and other metals, the government of the Argentinean province of Mendoza has thrown a wrench in…
First-blush numbers good for Largo
A preliminary economic study on the Maracas vanadium project in western Bahia state, Brazil, shows favourable economics at low vanadium prices, and operator Largo Resources (LGO-V, LGORF-O) will now b…
Daily Metal Prices (July 02, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Red Dragon seeking Chinese zinc projects
As it plays the waiting game for permits at its Boaming zinc project in southwestern China’s Yunnan province, Red Dragon Resources (DRA-V, RDDRF-O) is making plans to expand its zinc portfolio by opti…
Producer and Dealer Prices (July 02, 2007)
Antimony : Mid-mkt US$5,300/t.
Brazauro up on wide gold intercept (July 02, 2007)
Vancouver — Brazauro Resources (BZO-V, BZOFF-O) is flush with Brazilian gold after drill results confirmed continuous high-grade mineralization within the main deposit at its Tocantinzinho project, i…
Southwestern’s travails at Boka
Vancouver — The day after Southwestern Resources (SWG-T, SWGGF-O) announced a 6-month delay for the Boka gold project prefeasibility study in mid-June, the company’s co-founder, president and CEO Joh…
Market punishes Randsburg after cease-trade lifted
It’s been a rough ride for Randsburg International Gold (RGZ-V, RBGDF-O) over the last 10 months.
Denison stokes merger flames
Denison Mines (DML-T, DNN-X) is taking another stab at Perth, Australia-based OmegaCorp (OMGCF-O, OMC-A) in an attempt at diversifying into Africa.