Ur-Energy study finds potential at Lost Creek
A preliminary economic assessment on Ur-Energy’s (URE-T, UREGF-O) Lost Creek uranium deposit in Sweetwater Cty., Wyo., found that the project would be economic at uranium prices above US$40 per lb.
News
Copper drives Teck Cominco’s Q1 earnings
VANCOUVER — A higher Canadian dollar and lower coal and zinc prices trimmed the net earnings of Teck Cominco (TCK. B-T, TCK-N) in the first quarter of 2008, despite improved copper prices and the str…
Goldsource sourcing the coal
Goldsource Mines (GXS-V) might have gold in its name, and it might be looking for Canadian diamonds, but it’s a coal seam intersect that has propelled the company’s shares to new heights.
High-grade gold at Rubicon’s Phoenix
The Phoenix gold project’s new F2 zone in Ontario’s Red Lake camp is yielding more high-grade gold intercepts for Rubicon Minerals ( RMX-T, RBY-X)
San Agustin shows potential for Geologix
VANCOUVER–Finally finished with drilling limited by an option agreement, Geologix Explorations (GIX-V) started expansion drilling at the San Agustin polymetallic project in Durango, Mexico, and was i…
Aurizon teams with Radisson to study O’Brien revival
Aurizon Mines (ARZ-T, AZK-X) is considering a joint venture with Radisson Mining Resources (RDS-V) for the O’Brien-Kewagama property, home to the past-producing high-grade O’Brien gold mine, in the Ab…
Gold Fields’ South African miners killed
The past couple of weeks have been tragic ones for Gold Fields (GFI-N) employees after a series of unrelated accidents claimed 13 lives at two of the company’s South African assets.
Gold Reserve feels the sting of rejection
Gold Reserve (GRZ-T, GRZ-X) has lost its status as a “company that could” in Venezuela.
LME WAREHOUSE LEVELS (May 12, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 6, 2008 (change from April 29 in brackets):
SPOT PRICES (May 12, 2008)
COURTESY OF SCOTIABANK Tuesday, May 6, 2008 Precious Metals Price (US$/oz.) Change Gold $878.00 -8.00 Silver $16.70 -0.08 Platinum $1930.00 -25.00 Palladium $426.00 -5.00 Base Metals P…
PRODUCER AND DEALER PRICES (May 12, 2008)
Antimony: Mid-mkt US$5,950/t. Bismuth: Mid-mkt US$15.30/lb. Cadmium: Mid-mkt US$3.43/lb. Coal: EIA Central Appalachian thermal, US$94.25/T; Powder River Basin thermal, US$14.15/T; Northern Appalachi…
CANADIAN GOLD MUTUAL FUNDS (May 12, 2008)
Fund name May 5 Apr. 28 Change Change YTD MER* Assets* ($) ($) ($) (%) (%) (%) (M$) AGF Pr Mtl 27.33 27.30 0.03 0.1 -4.3 2.60 724.7 Altamira Pr & Str Mtl 11.64 11.60 0.04 …