Noront Looks To Consolidate Ring Of Fire
The remoteness of Noront Resources’ (NOT-V, NOSOF-O) “Ring of Fire” discoveries in the James Bay lowlands of northern Ontario has long been a concern for investors.
News
Big Red Diamond Stakes Rare Earth Claims In Quebec
Big Red Diamond (DIA-V, BIGRF-O) has acquired a 100% interest in 88 claims over a 47.1-sq.-km area about 52 km northwest of Septles, in Quebec, that are very close to a showing of rare earth elements…
Hawthorne Hitting Gold In BC
VANCOUVER — With a resource boost at Frasergold, a low-grade gold deposit near Williams Lake joint-ventured with Eureka Resources( EUK-V, ERKAF-O), and drills showing new zones at Taurus, a high-grad…
Osisko Funds Canadian Malartic
VANCOUVER– With another major financing agreement signed, Osisko Mining (OSK-T, OSKFF-O) has all the funds it needs to build a major new gold mine at its Canadian Malartic project.
2 Die In Mine Accident In Mexico
Two miners were killed on Sept. 26 at Dia Bras Exploration’s (DIB-V, DBEXF-O) Bolivar copper-zinc mine in Chihuahua, Mexico.
North American Palladium Raises $65M
After accepting and then rejecting an unpopular $50-million financing through 7% convertible notes, North American Palladium (PDL-T, PAL-X) has found a way to raise the money, and then some, via flow-…
Ivanhoe Seals The Deal
It’s one of those dramas that has carried on so long that its resolution is oddly underwhelming.
Mining Execs More Optimistic
— The following are the latest findings of the Mining Recruitment Group’s survey of more than 70 mining executives that was distributed and completed during the first week of August 2009. This survey…
Mercator Minerals And Stingray Copper To Merge
Stingray Copper (SRY-T, SRYYF-O) shares bounced 37.5% or 18¢ to 66¢ apiece on news of its pending merger with Mercator Minerals (ML-T, MLKKF-O) — a deal that will transform the junior overn…
LME Warehouse Levels (October 12, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, October 6, 2009 (change from Sept. 29 in brackets):
Spot Prices (October 12, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (October 12, 2009)
Antimony: Mid-mkt US$5,750/t.