Silver-Gold Intercepts Lift Mirasol
VANCOUVER — Starting but 18 metres down-hole, joint-venture partners Coeur d’Alene Mines (CDM-T, CDE-N) and Mirasol Resources (MRZ-V) hit 25 metres grading 1,164 grams silver per tonne and 0.21 gram …
News
People (December 14, 2009)
Adriana Resources — Chairman Michael Beley resigned; CFO and director Richard Barclay resigned; Norman Calder appointed CFO; Anthony Patriarco appointed interim chairman; Colin Benner appointed a dir…
Probe Mines’ Results Add Shine To Ring Of Fire
A day after Cliffs Natural Resources (CLF-N) announced its initial takeover bid for Freewest Resources Canada (FWR-V) and its chromium assets in the Ring of Fire, drill results from Probe Mines’ (PRB-…
Spot Prices (December 14, 2009)
COURTESY OF SCOTIABANK
Terra Plans Spinoff To Boost Valuation
VANCOUVER — Terra Ventures (TAS-V) wants to divvy up its property interests into two companies. Arguing it isn’t getting value for assets beyond its 10% production carried interest on Hathor Explorat…
LME Warehouse Levels (December 14, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, December 7, 2009 (change from Dec. 1 in brackets):
Producer And Dealer Prices (December 14, 2009)
Antimony: Mid-mkt US$6,050/t.
Timmins Walloped By Kidd Closure
Riding high in recent years on the back of new gold projects in the region, the Ontario mining town of Timmins was given a body blow in early November as Xstrata announced it will close the Kidd metal…
HST Good For Miners
Ontario and British Columbia will be harmonizing their provincial retail sales taxes with the federal goods and services tax (GST) on July 1, 2010. That means that both of these provinces will abandon…
Special Mining Zone Created In Argentina’s Santa Cruz Province
VANCOUVER — Encompassing a swath of exploration and mining projects, the Santa Cruz provincial government in Argentina has designated roughly half the province’s area as a region of special interest …
Daily Metal Prices (December 14, 2009)
Date Dec. 7 Dec. 4 Dec. 3 Dec. 2 Dec. 1 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1791/1840 1781/1820 1780/1830 1791/1825 1791/1850 A…
Canadian Gold Mutual Funds (December 14, 2009)
*as of Sept. 30/09 Featured Fund: AGF Precious Metals (US$) as of 08/31/09 (in weighted order): Goldcorp, Kinross Gold, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, Inmet Mining, Eldorado Gold…