Premier shifts focus to Geraldton gold project
Premier Gold Mines (PG-T, PIRGF-O) plans to drill 50,000 to 100,000 metres on its exploration projects in Northwestern Ontario and Mexico this year with a new focus on its project in Geraldton, Ont.
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FACTS AND FIGURES World mining equipment demand to grow 5% annually
World demand for mining equipment is expected to grow 5% annually through 2011, according to a new report issued by Ohiobased research group, Freedonia.
AMEC acquires Smith Williams
In an effort to strengthen its presence in the western United States, international engineering and project management company AMEC has purchased Smith Williams Consultants.
Crosshair budgets $10M for Labrador
Crosshair Exploration & Mining (CXX-V, CXZ-X) has closed a $15- million bought-deal financing to continue exploring on its Central Mineral Belt uranium property in Labrador.
LME WAREHOUSE LEVELS (April 28, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 22, 2008 (change from April 15 in brackets):
Champion expands iron property in Labrador
Champion Minerals (CHM-V) is buying up yet more land next door to its wholly owned Attikamagen Lake iron property in Labrador.
Northern BC power line could spark investment
VANCOUVER — A power line into northern British Columbia could attract $3.5 billion in mining investment, according to the preliminary results of an independent study by Macquarie North America.
SPOT PRICES (April 28, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (April 28, 2008)
Antimony: Mid-mkt US$5,950/t.
ValGold files resource on Garrison gold property
The main sulphide gold zones of its 100%-owned Garrison gold property in northeastern Ontario contain an indicated resource of 186,725 tonnes grading 8.06 grams gold per tonne, ValGold Resources (VAL-…
DAILY METAL PRICES (April 28, 2008)
Date April 21 April 18 April 17 April 16 April 15 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2780/2805 2775/2810 2781/2825 2741/2770 2…
NORTH AMERICAN STOCK EXCHANGE INDICES (April 28, 2008)
52-week Date April 21 April 18 April 17 April 16 April 15 High Low S&P/TSX-Ven Comp 2559.82 2512.19 2590.79 2574.55 2547.37 3372.00 2340.21 TSX Composite 14321.16 14237.06 1411…