Spot Prices Courtesy of Scotiabank (February 11, 2008)
Tuesday, February 5, 2008 Precious Metals Price ( US$/ oz.) Change Gold $ 889.75 – 37.75 Silver $ 16.51 – 0.24 Platinum $ 1766.00 + 50.00 Palladium $ 415.00 + 31.00 Bas…
News
Etruscan boosts Blue Gum diamond resource
For the last four years, Etruscan Resources (EET-T, ETRUF-O), through its 53.7%-owned subsidiary Etruscan Diamonds, has been quietly buying up properties in South Africa’s Ventersdorp alluvial diamond…
Good gold grades from Northgate’s Young-Davidson (February 11, 2008)
VANCOUVER–As if to offset its setback at its Kemess North copper-gold project in B.C., Northgate Minerals (NGX-T, NXG-X) is pulling strong gold grades out of its Young- Davidson project in Ontario.
Goldcorp sells Silver Wheaton stake for $1.57B (February 11, 2008)
Goldcorp (G-T, GG-N), one of the world’s biggest gold miners, has found buyers for its entire 48% stake in the unique pure silver play, Silver Wheaton (SLW-T, SLW-N), leaving the company with a windfa…
Producer And Dealer Prices (February 11, 2008)
Antimony: Mid-mkt US$6,000/t.
Daily Metal Prices (February 11, 2008)
Date Feb. 4 Feb. 1 Jan. 31 Jan. 30 Jan. 29 BASE METALS ( London Metal Exchange — Midday official cash/ 3- month prices, US$ per tonne) Al Alloy 2405/ 2430 2401/ 2450 2425/ 2450 23…
Anvil updates Kinsevere feasibility
Anvil Mining (AVM-T, AVM-A) has updated a preliminary study on its Kinsevere copper project, in the Democratic Republic of the Congo (DRC), based on a recent 45,370- metre drilling program that has li…
Feasibility puts El Morro price tag at US$2.5B
A feasibility study on the El Morro copper-gold project, in Mexico, puts average annual production at 195,000 tonnes copper and 354,000 oz. gold over the first five years of a 15-year mine life, say j…
North American Stock Exchange Indices (February 11, 2008)
52- week Feb. 4 Feb. 1 Jan. 31 Jan. 30 Jan. 29 High Low S& P/ TSX- Ven Comp 2567.73 2576.3 2564.69 2555.38 2552.38 3372.00 2340.21 TSX Composite 13258.16 13318….
TSX Venture Short Positions (February 11, 2008)
Short positions outstanding at Jan. 15/08 (with changes from Dec. 31/07).
Comaplex adds ounces at Meliadine West
VANCOUVER–An updated resource estimate for Comaplex Minerals’ (CMF-T, CXMLF-O) gold deposits in Nunavut recently had the company’s stock trading near its 52-week high.
First Nickel boosts Lockerby resource 289%
Since buying its Lockerby mine near Sudbury, Ont., less than three years ago, First Nickel (FNI-T, FNKLF-O) has boosted indicated resources at the mine more than tenfold, according to a new resource e…