Daily Metal Prices (January 01, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Articles by Northern Miner Staff
Metallica in $30M bought deal
Vancouver — Metallica Resources (MR-T, MRB-X) has arranged a $30-million bought-deal financing that will allow it to continue development of its Cerro San Pedro gold-silver project in Mexico, as well…
LME Warehouse Levels (January 01, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 21, 2006 (change from Dec. 18 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, Dec. 21, 2006
Precious Metals Price (US$/oz.) Change Gold $619.10 +3.10 Silver $12.42 -0.04 Platinum $1107.00 +16.00 Palladium $321.00 +6.00 Base Metals Price (US$/lb.) Change Nickel $14.83 +0.18 Lead $0.74 -0.04 Copper $2.91…
UBS ups targets for Ivanhoe shares
Vancouver — Ivanhoe Mines’ (IVN-T, IVN-N) massive Oyu Tolgoi copper project in Mongolia is likely to be much larger than previously planned now that Rio Tinto (RTP-N, RIO-L) is involved, according to…
UEX sees more high-grade uranium from Shea Creek (January 01, 2007)
Vancouver — Further high-grade uranium values were encountered in drilling by UEX’s (UEX-T, UEXCF-O) joint venture partner Areva Resources Canada on the Shea Creek project in the western Athabasca ba…
TSX Short Positions (January 01, 2007)
Short positions outstanding at Dec. 15, 2006 (with changes from Nov. 30).
TSX Venture Short Positions (January 01, 2007)
Short positions outstanding at Dec. 15, 2006 (with changes from Nov. 30).
More copper at Sombrero Butte
Vancouver — Continuation of Bell Resources’ (BL-V, BZRSF-O) phase 1 drilling has hit some higher-grade copper zones at its Sombrero Butte project in Pinal Cty., Ariz.
Bear Creek adds value at Corani
With the Corani polymetallic discovery in Peru hovering just shy of 320 million oz. in an overall contained silver resource, Bear Creek Mining (BCM-V, BCEKF-O) is looking to add value by driving the p…
Xstrata Nickel invests $5M in CEMI
Xstrata Nickel has invested $5 million in the Centre for Excellence in Mining Innovation (CEMI) at Laurentian University in Sudbury, Ont.
International Quotes (January 01, 2007)
Australia (A$) Dec 20 Dec 19 Change Bendigo Mining 0.78 0.76 0.02 Centamin Egypt 0.77 0.78 -0.01 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.17 0.17 0.00 Kingsgate Cons. 4.09…